Series IV · Card 6 of 21 · THE VIENNA SEMINAR
Money, like chocolate in a hot oven, was melting in the pockets of the people.
LUDWIG VON MISES · ECONOMIC POLICY · 1959
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Source
“Economic Policy: Thoughts for Today and Tomorrow”, 4th lecture “Inflation” (Buenos Aires 1959), on the German hyperinflation of 1923
About the author
Austrian-American economist (1881–1973) and leading figure of the Austrian School. His work on money, credit, and economic calculation deeply shaped the philosophical foundations later associated with Bitcoin.
The question on the back
How well can you imagine what 1923 felt like?