The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

Quote by John Maynard Keynes

Topics: John Maynard Keynes Quotes

Capitalism is the astounding belief that the most wickedest of men will do the most...

Capitalism is the astounding belief that the most wickedest of men will do the most...

For at least another hundred years we must pretend to ourselves and to every one...

For at least another hundred years we must pretend to ourselves and to every one...

Americans are apt to be unduly interested in discovering what average opinion believes average opinion...

Americans are apt to be unduly interested in discovering what average opinion believes average opinion...

Education is the inculcation of the incomprehensible into the indifferent by the incompetent

Education is the inculcation of the incomprehensible into the indifferent by the incompetent

The social object of skilled investment should be to defeat the dark forces of time...

The social object of skilled investment should be to defeat the dark forces of time...

Successful investing is anticipating the anticipations of others.

Successful investing is anticipating the anticipations of others.

The biggest problem is not to let people accept new ideas, but to let them...

The biggest problem is not to let people accept new ideas, but to let them...

I do not know which makes a man more conservative - to know nothing but...

I do not know which makes a man more conservative - to know nothing but...

If economists could manage to get themselves thought of as humble, competent people on a...

If economists could manage to get themselves thought of as humble, competent people on a...

It is ideas, not vested interests, which are dangerous for good or evil.

It is ideas, not vested interests, which are dangerous for good or evil.

The difficulty lies not so much in developing new ideas as in escaping from old...

The difficulty lies not so much in developing new ideas as in escaping from old...

Ideas shape the course of history.

Ideas shape the course of history.

Long run is a misleading guide to current affairs. In the long run we are...

Long run is a misleading guide to current affairs. In the long run we are...

It is better that a man should tyrannize over his bank balance than over his...

It is better that a man should tyrannize over his bank balance than over his...

I work for a Government I despise for ends I think criminal.

I work for a Government I despise for ends I think criminal.

The difficulty lies, not in the new ideas, but in escaping the old ones, which...

The difficulty lies, not in the new ideas, but in escaping the old ones, which...

The importance of money flows from it being a link between the present and the...

The importance of money flows from it being a link between the present and the...

In the long run we are all dead.

In the long run we are all dead.

Like Odysseus, the President looked wiser when he was seated.

Like Odysseus, the President looked wiser when he was seated.

Education: the inculcation of the incomprehensible into the indifferent by the incompetent.

Education: the inculcation of the incomprehensible into the indifferent by the incompetent.