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, Inflation Quotes

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 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.

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...

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...

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.

The power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas

The power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas

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...

The decadent international but individualistic capitalism in the hands of which we found ourselves after...

The decadent international but individualistic capitalism in the hands of which we found ourselves after...

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...

Successful investing is anticipating the anticipations of others.

Successful investing is anticipating the anticipations of others.

In the long run we are all dead.

In the long run we are all dead.

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

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 love of money as a possession - as distinguished from the love of money...

The love of money as a possession - as distinguished from the love of money...

The avoidance of taxes is the only intellectual pursuit that still carries any reward.

The avoidance of taxes is the only intellectual pursuit that still carries any reward.

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...

The whole conviction of my life now rests upon the belief that loneliness, far from...

The whole conviction of my life now rests upon the belief that loneliness, far from...

You better believe there will be times in your life when you'll be feeling like...

You better believe there will be times in your life when you'll be feeling like...

You can not divorce religious belief and public service. I've never detected any conflict between...

You can not divorce religious belief and public service. I've never detected any conflict between...

Do not trade in your history, your people, your community for the petty callings of...

Do not trade in your history, your people, your community for the petty callings of...