Tuesday, July 22, 2008

Quotes from John Maynord Keynes


Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.

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.

The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.

Successful investing is anticipating the anticipations of others.

The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.

For at least another hundred years we must pretend to ourselves and to every one that fair is foul and foul is fair; for foul is useful and fair is not.

Avarice and usury and precaution must be our gods for a little longer still.

Most men love money and security more, and creation and construction less, as they get older.

I work for a Government I despise for ends I think criminal.

Long run is a misleading guide to current affairs. In the long run we are all dead!

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