My thoughts about The Theory of Money and Credit by Ludwig von Mises are inevitably colored by the fact that my first introduction to the discipline of economics was at Grove City College in 1967 in a class taught by Hans Sennholz, a devoted student of Mises. All of us who studied under Sennholz were encouraged to read Mises, and I soon tackled The Theory of Money and Credit. The only other book on monetary theory I had read before that was Murray Rothbard’s What Has Government Done to Our Money? (1964). Consequently, Mises’s delving into advanced and somewhat abstruse monetary controversies and his critiquing of other authors with whom I was entirely unfamiliar left me a bit lost, particularly since I was a history major. It is only with subsequent study over the intervening years that I came to understand fully Mises’s contributions. I therefore find myself in general agreement with Larry White’s appreciation of The Theory of Money and Credit. So I will focus my comments on two of the issues he discusses, offering a few elaborations, reservations, and unresolved questions.