Ludwig von Mises: "The entrepreneurs who approach banks for loans are suffering from shortage of capital; it is never shortage of money in the proper sense of the word." - The Theory of Money and Credit
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| Ludwig von Mises | In his book on Eternal Peace, the German philosopher Immanuel Kant suggested that government should be forbidden to finance wars by borrowing. He expected that the warlike spirit would dwindle if all countries had to pay cash for their wars. | Economic Freedom and Interventionism | p. 99 | Kant, Immanuel |