By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

Quote by John Maynard Keynes

Topics: Government Quotes

Successful investing is anticipating the anticipations of others.

Successful investing is anticipating the anticipations of others.

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...

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.

Nothing mattered except states of mind, chiefly our own.

Nothing mattered except states of mind, chiefly our own.

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

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

The disruptive powers of excessive national fecundity may have played a greater part in bursting...

The disruptive powers of excessive national fecundity may have played a greater part in bursting...

If I owe you a pound, I have a problem; but if I owe you...

If I owe you a pound, I have a problem; but if I owe you...

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...

A study of the history of opinion is a necessary preliminary to the emancipation of...

A study of the history of opinion is a necessary preliminary to the emancipation of...

There is no harm in being sometimes wrong- especially if one is promptly found out.

There is no harm in being sometimes wrong- especially if one is promptly found out.

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...

Most men love money and security more, and creation and construction less, as they get...

Most men love money and security more, and creation and construction less, as they get...

It would not be foolish to contemplate the possibility of a far greater progress still.

It would not be foolish to contemplate the possibility of a far greater progress still.

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...

Words ought to be a little wild, for they are the assaults of thoughts on...

Words ought to be a little wild, for they are the assaults of thoughts on...

The best way to destroy the capitalist system is to debauch the currency. By a...

The best way to destroy the capitalist system is to debauch the currency. By a...

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part...

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part...

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...

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

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

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...