'..monetary knowledge .. of currency reform under difficult conditions you have to go to Carl Menger.'

'..monetary knowledge .. of currency reform under difficult conditions you have to go to Carl Menger.'

- Hans F. Sennholz (<a href="[www.youtube.com]; - 46:19)



Context (Praxeology) - Review: Money, Bank Credit, and Economic Cycles

1914 - 'Reminder - The Killing Fields' - 'Carl Menger [1840-1921] .. saw .. all civilizations rushing toward the abyss.'

'Austrian economics always was and will forever remain Mengerian economics.'

Carl Menger: On the Origins of Money, Principles of Economics


(Praxeology) - '..typology of monetary objects in line with the subjectivist approach.'

(Praxeology) - '.. the basic individualism inherited by us from Erasmus and Montaigne, from Cicero to Tacitus, Pericles and Thucydides..'

((Hapto)praxeology) - '..Mises’s warning to the world .. not to suppress the market rate of interest in the name of creating prosperity.'


'..since the destruction of the international gold standard in 1914.'

'..the development of money and Credit..'

(Private property) Money and Credit - 'Centuries of monetary fiasco..'


'Ethical problems of production .. the production of money.'

(Money production) - '..there are No "Miracle" Cures from Inflation.'

(Global) - '..how monetary policymakers somehow remained oblivious to the havoc they were instrumental in fomenting.'


'..Austrian theory is absolutely essential to successfully navigate the treacherous macro investment landscape..'

(Banking Reform) - 'Ten Real Problems, Fractional Reserve Lending..'

(Individual Learning) - 'You determine your own pace. And you don’t go to the next level until you’ve mastered the previous one.'