A Economic crisis (n.) is a storm of the world market in which all the conflicts of capitalist production discharge themselves — yet its cause and cure were sought in the shallowest sphere, money circulation.
A Economic crisis (n.) has only one sure precondition: trade and industry themselves — no need to credit the Berbers' ideal money for their freedom from crashes.
Economic crisis (n.) arise because productive power grows far faster than population while its basis — the masses' consumption — grows ever narrower relative to wealth.
An Economic crisis (n.) looks like a scarcity of capital only to the banker: real capital is present in excess, as goods and machines that stifle the markets.
An Economic crisis (n.) may be intensified by ignorant and confused bank legislation; but no bank legislation can abolish crises themselves.