Wordsmith 25 February 2010 Tax & Spending Next time you hear talk of a government 'stimulus', remember... Wordsmith 25 February 2010 Tax & Spending 4841 mises-on-money What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse. Ludwig von Mises