Showing posts with label credit. Show all posts
Showing posts with label credit. Show all posts

Friday, May 30, 2014

Monday, July 25, 2011

He/she who lives by credit dies by credit:

There is no means of avoiding the final collapse of a boom brought about by credit expansion. --Ludwig von Mises, Human Action (pg 572)


Friday, April 23, 2010

Radical notion Part III

At an asking price of $150 million, the most expensive house currently for sale in the world is the late Aaron Spelling's mansion. "The house has no mortgage," says his wife Candy. "My husband didn't believe in them," she explains. --Candy Spelling, CNBC, April 23, 2010, 13:26:01
THE Radical Notion: HERE.

Wednesday, April 21, 2010

Radical notion II - - -

People are now willing to forego instant gratification to have cash flow and avoid interest payments. --K-MART'S Chief Marketing Officer Mark Snyder, CNBC, April 21, 2010, 07:44:40
THE Radical Notion: HERE.


Saturday, February 27, 2010

Friday, February 26, 2010

Comeuppance?

There is no means of avoiding the final collapse of a boom brought about by credit expansion. --Ludwig von Mises, Human Action (pg 572)