| Ludwig von Mises | Imprudent granting of credit is bound to prove just as ruinous to a bank as to any other merchant. | The Theory of Money and Credit | p. 295 | Banking |
| Ludwig von Mises | Accountancy is not perfect. The precision of its statements is only illusory. The valuations of goods and rights with which it deals are always based on estimates depending on more or less uncertain and unknown factors. | The Theory of Money and Credit | p. 234 | Economic Calculation |
| Ludwig von Mises | Economic affairs cannot be kept going by magistrates and policemen. | The Theory of Money and Credit | p. 282 | Coercion |
| Ludwig von Mises | Credit transactions are in fact nothing but the exchange of present goods against future goods. | The Theory of Money and Credit | p. 47 | Credit |
| Ludwig von Mises | Lenders of money have been held in odium, at all times and among all peoples. | The Theory of Money and Credit | p. 264 | Creditors |
| Ludwig von Mises | As there are in the field of social affairs no constant relations between magnitudes, no measurement is possible and economics can never become quantitative. | The Theory of Money and Credit | p. 460 | Econometrics |
| Ludwig von Mises | No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but the task of economics is to foretell the remoter effects, and so to allow us to avoid such acts as attempt to remedy a present ill by sowing the seeds of a much greater ill for the future. | The Theory of Money and Credit | p. 23 | Economics |
| Ludwig von Mises | Only by letting fall morsels of statistics is it possible for the economic theorist to maintain his prestige. | The Theory of Money and Credit | p. 216 | Economics |
| Ludwig von Mises | How pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department! | The Theory of Money and Credit | p. 458 | Fiat Money |
| Ludwig von Mises | This throttling of international credit can hardly be remedied otherwise than by setting aside the principle that it lies within the discretion of every government . . . to stop paying interest to foreign countries and also to prohibit interest and amortization payments on the part of its subjects. | The Theory of Money and Credit | pp. 2829 | Foreign Capital |
| Ludwig von Mises | Foreign-exchange control is today primarily a device for the virtual expropriation of foreign investments. It has destroyed the international capital and money market. | The Theory of Money and Credit | p. 476 | Foreign Exchange |
| Ludwig von Mises | The excellence of the gold standard is to be seen in the fact that it renders the determination of the monetary units purchasing power independent of the policies of governments and political parties. | The Theory of Money and Credit | p. 456 | Gold Standard |
| Ludwig von Mises | The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard. | The Theory of Money and Credit | p. 461 | Gold Standard |
| Ludwig von Mises | The classical or orthodox gold standard alone is a truly effective check on the power of the government to inflate the currency. Without such a check all other constitutional safeguards can be rendered vain. | The Theory of Money and Credit | p. 495 | Gold Standard |
| Ludwig von Mises | Even a manifestly erroneous doctrine should be refuted by careful analysis and the unmasking of the fallacies implied. A sound doctrine can win only by exploding the delusions of its adversaries. | The Theory of Money and Credit | pp. 455-56 | Ideology |
| Ludwig von Mises | The assistance of inflation is invoked whenever a government is unwilling to increase taxation or unable to raise a loan; that is the truth of the matter. | The Theory of Money and Credit | p. 253 | Inflation |
| Ludwig von Mises | The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters. | The Theory of Money and Credit | p. 479 | Inflation |
| Ludwig von Mises | There has been no generation that has not grumbled about the expensive times that it lives in. But the fact that everything is becoming dearer simply means that the objective exchange value of money is falling. | The Theory of Money and Credit | p. 177 | Inflation |
| Ludwig von Mises | Who has any doubt that the belligerent peoples of Europe would have tired of war much more quickly if their governments had clearly and candidly laid before them at the time the account of their war expenditure? | The Theory of Money and Credit | p. 254 | Inflation |
| Ludwig von Mises | Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism. | The Theory of Money and Credit | p. 255 | Inflation |
| Ludwig von Mises | Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism. | The Theory of Money and Credit | p. 468 | Inflation |
| Ludwig von Mises | Inflation is the true opium of the people and it is administered to them by anticapitalist governments and parties. | The Theory of Money and Credit | p. 485 | Inflation |
| Ludwig von Mises | The greater the fund of means of subsistence in a community, the lower the rate of interest. | The Theory of Money and Credit | p. 386 | Interest rate |
| Ludwig von Mises | Even the manifest futility of the International Monetary Fund does not deter authors from indulging in dreams about a world bank fertilizing mankind with floods of cheap credit. | The Theory of Money and Credit | pp. 477-78 | International Monetary Fund |
| Ludwig von Mises | Imports are in fact paid for by exports and not by money. | The Theory of Money and Credit | p. 286 | International Trade |
| Ludwig von Mises | The fallacies implied in the Keynesian full-employment doctrine are, in a new attire, essentially the same errors which [Adam] Smith and [Jean Baptiste] Say long since demolished. | The Theory of Money and Credit | p. 464 | Keynes |
| Ludwig von Mises | When any sort of difference arises between law and opinion, a reaction must necessarily follow; a movement sets in against that part of the law that is felt to be unjust. Such conflicts always tend to end in a victory of opinion over the law; ultimately the views of the ruling class become embodied in the law. | The Theory of Money and Credit | p. 229 | Majority Rule |
| Ludwig von Mises | All monetary policies encounter the difficulty that the effects of any measures taken . . . can neither be foreseen in advance, nor their nature and magnitude be determined even after they have already occurred. | The Theory of Money and Credit | p. 271 | Monetary Policy |
| Ludwig von Mises | The interests of the capitalists are scarcely ever represented in monetary policy. | The Theory of Money and Credit | p. 414 | Monetary Policy |
| Ludwig von Mises | Money is regarded as the cause of theft and murder, of deception and betrayal. Money is blamed when the prostitute sells her body and when the bribed judge perverts the law. It is money against which the moralist declaims when he wishes to oppose excessive materialism. | The Theory of Money and Credit | p. 111 | Money |