He Who Serves The Public Best, Makes

One Day, Because They Realize For Some Reason Or Other That They Must Stop Credit Expansion, The Banks Do Stop Creating New Credit To Lend. Then The Firms That Have Expanded Cannot Get Credit To Pay For The Factors Of Production Necessary For The Completion Of The Investment Projects Which They Have Already Committed Themselves. Because They Cannot Pay Their Bills, They Sell Off Their Inventories Cheap. Then Comes The Panic, The Breakdown. And The Depression Starts.

Daily Experience Proves Clearly To Everybody But The Most Bigoted Fanatics Of Socialism That Governmental Management Is Inefficient And Wasteful.

It Is Labor Alone That Is Productive: It Creates Wealth And Therewith Lays The Outward Foundations For The Inward Flowering Of Man.

If You Increase The Quantity Of Money, You Bring About The Lowering Of The Purchasing Power Of The Monetary Unit.

A Wealthy Man Can Preserve His Wealth Only By Continuing To Serve The Consumers In The Most Efficient Way.