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

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 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...

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...

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...

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...

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

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

The day is not far off when the economic problem will take the back seat...

The day is not far off when the economic problem will take the back seat...

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...

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...

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.

Ideas shape the course of history.

Ideas shape the course of history.

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...

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...

In the long run we are all dead.

In the long run we are all dead.

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...

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

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

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.

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...

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...