quote · Legacy record
private loans will utilize existing resources and capital far better than government loans. Government loans will waste far more capital and resources than private loans. Government loans, in short, as compared with private loans, will reduce production, not increase it.
private loans will utilize existing resources and capital far better than government loans. Government loans will waste far more capital and resources than private loans. Government loans, in short, as compared with private loans, will reduce production, not increase it.
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- Author or tradition
- Henry Hazlitt
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Supplied reference C; CSV row 377601; supplied attribution, independently unverified
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