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Quote by Marie Lu

“There are four places where the spirits still wander," he replies, quoting some ancient tome. "The snow-covered Dark of Night, the forgotten paradise of Sobri Elan, the Glass Pillars of Dumon, and the human mind, that eternally mysterious realm where ghosts shall forever walk.”

Quote by Marie Lu

Book:The Midnight Star
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The Midnight Star

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Author

Marie Lu
Marie Lu

Marie Lu, born in 1984, is a prominent young author known for her novels that blend elements of science fiction with themes of youth growth. Her works have gained widespread popularity among readers. more

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“In Hayek’s monetary theory of the cycle the upswing is generated by monetary expansions that cause an excess of investment over volun- tary saving and a shift in the structure of production toward more time- consuming processes. This structure, created by a depressed money rate of interest, cannot be sustained. Monetary expansion, then, will not pro- duce an everlasting boom, and when the expansion eventually stops, crisis and depression follow. With regard to the sources of monetary expansion, while others like Mises put the blame on the misguided (“inflationist” or “cheap money”) attitude of the monetary authorities, Hayek pointed to the endogenous process of money creation by the banks, in particular in a sys- tem of fractional reserve banking (see, e.g., Hayek 2012a [1933a], chap. 4, vs. Mises 2006b [1928]).”

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Book:Crossing the Forbidden Highway: The Untold Story of Orgone, Body Therapy, and Suppressed Emotion
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