The Theory Of Money And Credit (Ludwig Von Mises)

The Theory Of Money And Credit (Ludwig Von Mises)
- Highlight Loc. 889-91  | Added on Friday, October 21, 2011, 11:17 AM

A claim to money may be transferred over and over again in an indefinite number of indirect exchanges without the person by whom it is payable ever being called upon to settle it. This is obviously not true as far as other economic goods are concerned, for these are always destined for ultimate consumption.