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Quote by John Maynard Keynes

“Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.”

Quote by John Maynard Keynes

Book:The Economic Consequences of the Peace: The Economist
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Work

The Economic Consequences of the Peace: The Economist

This book delves into the economic repercussions of the Treaty of Versailles, offering critical insights into the interwar period's economic challenges and the author's perspective on the peace settlement's long-term effects. more

Author

John Maynard Keynes
John Maynard Keynes

John Maynard Keynes, born on June 5, 1883, was a prominent British economist whose work had a profound impact on the field of economics, particularly in the area of macroeconomics. His theories advocating for government intervention to stabilize the economy gained widespread application during the Great Depression of the 1930s. more

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