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

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

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...

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.

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...

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...

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 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...

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...

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...

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...

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...

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...

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 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

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...

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 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...

Successful investing is anticipating the anticipations of others.

Successful investing is anticipating the anticipations of others.

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.