The Credit Mechanism and its Implications

  • Maurice Allais

Abstract

The more that is issued of a mixed currency, the more will be wanted. The supply does not satisfy the demand: it excites it. Like an unnatural stimulus taken into the human system, it creates an increasing desire for more; and the more it is gratified, the more insatiable are its cravings.

Keywords

Depression Europe Income Explosive Expense 

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© George R. Feiwel 1987

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  • Maurice Allais

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