Quote from John Maynard Keynes 

"If the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of repercussions, the real income of the community, and its capital wealth, would probably become a good deal greater than it actually is."

Quote by:
John Maynard Keynes
(1883-1946) British economist
Source:
The General Theory of Employment, Interest and Money (London: Macmillan, 1936), p. 129.
 
Bookmark and Share  

 
Get a Quote-A-Day!
Liberty Quotes sent to your mail box.
Email:
 

More Quotations

Quotes & Quotations - Send This Quote to a Friend

© 1998-2005 Liberty-Tree.ca