John Maynard Keynes Quote

"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.
...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 is able to diagnose."

by:	John Maynard Keynes (1883-1946) British economist
Source:	The Economic Consequences of the Peace (1919)  http://blog.skepticallibertarian.com/2013/04/15/fake-quote-files-v-i-lenin-on-inflation-and-taxation
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Categories:	Confiscation, Government, Inflation, Money
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"There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt." John Adams, 2nd Pres of the USA  -- Abby      2
Not shooting the messenger, the message is absolutely correct.  -- Mike, Norwalk      2
Mike is correct.  -- Jim K, Austin      1
Yep. Probably 300 people who understand this. They are VERY wealthy and will get much more as this develops. Middle class? Wipeout.  -- Bruski, Naples FL      2
Add to that the destruction of religion, morality, and the family. Then make constitutions "living". Write massive laws that only a few lawyers could possibly understand. Make laws that give the leader the power to add to or change at his whim. Put judges in positions to interpret the constitution that openly despise the constitution and intend to change its meaning. Make as many people and corporations dependent on government for their survival. Then tell every one that that is just being "progressive".  -- warren, olathe      2
Absolutely! Currency is merely a representation of the capital that backs it. If more tokens can be issued without an equal increase in the capital they are to represent, then the process becomes a means to steal capital by the stroke of a pen. Socialism is thus a covert system of thievery that funnels the life blood of a nation to the private central bankers who end up owning the Earth (on paper) -- as long as we honor their claims, we are their subordinates.  -- E Archer, NYC      1
-- Ronw13, ID
In time, humanity will understand the true meaning of wealth and stop fighting over baubles and trinkets. An individual's personal health is the supreme ruler. Socialism is the challenge of social abilities to create health and fitness.  -- Fredrick William Sillik, Anytown

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