Showing posts with label John Maynard Keynes. Show all posts
Showing posts with label John Maynard Keynes. Show all posts

Monday, September 13, 2010

John Maynard Keynes, The Economic Consequences of the Peace, 1920, P. 235




"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, The Economic Consequences of the Peace, 1920, P. 235