"There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." -Ludwig Von Mises
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Feb
26

A Thousand Here, A Trillion There: The Devastating Effects of Debt

Author: The Survival Mom
- February 26th, 2010
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The best way to understand how the national debt will ultimately affect all of us is to first narrow the focus and examine the impact of debt on a single family.

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