John Maynard Keynes Quotes About Inflation

Quotes about: Inflation

• By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

  John Maynard Keynes

  Money, Power, Government

  John Maynard Keynes (2016). “The Economic Consequences of the Peace”, p.121, Skyhorse Publishing, Inc.

• 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.

  John Maynard Keynes

  Government, Sight, Important

  John Maynard Keynes (2011). “Essays in Persuasion”, p.77, W. W. Norton & Company

• 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.

  John Maynard Keynes

  Mean, Men, Law

  John Maynard Keynes (2016). “The Economic Consequences of the Peace: The Economist”, p.124, 北戴河出版

• There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.

  John Maynard Keynes

  Mean, Economics, Currency

  The Economic Consequences of the Peace ch. 6 (1919).

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