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John Maynard Keynes

John Maynard Keynes Quotes

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Famous John Maynard Keynes Quotes

“If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer.”

IfsMatterGovernmentCoursesLevelsMoneyRichEssentialsEconomicsSocialismDeceptionFraudRegulationCommodityBankingTaxationConcealedRefrainWorthlessness
Book:The Economic Consequences of the Peace: The classic text on the Treaty of Versailles and post war Europe
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“...By combining a popular hatred of the class of entrepreneurs with the blow already given to social security by the violent and arbitrary disturbance of contract,... governments are fast rendering impossible a continuance of the social and economic order of the nineteenth century.”

GovernmentOrderGivenSocialClassImpossibleEconomicCenturySecurityHatredEntrepreneurInvestingBlowViolentContractsSocial SecurityArbitraryNineteenth CenturyDisturbanceCombiningRenderingContinuanceEconomic Order
Book:The Economic Consequences of the Peace: The classic text on the Treaty of Versailles and post war Europe
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“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.”

ImportantGovernmentProcessWealthPoorMoneyPowerEconomySocietyEconomicCitizensEconomicsProsperityContinuingBankingInflationCivil SocietyEconomic FreedomDistribution Of WealthCentral BankingEconomic ReformsHyperinflationContinuing On
Book:The Economic Consequences of the Peace
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“Lenin is said to have declared that the best way to destroy the Capitalist System was 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. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth.”

WaySaidImportantGovernmentPoliticsProcessWealthEconomicSecurityCitizensSightMethodRichesStrikesBest WayCapitalistCurrencyContinuingDistributionEquityInflationArbitraryDistribution Of Wealth
Book:Essays in persuasion
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