By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
John Maynard Keynes
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More quotes by John Maynard Keynes
- Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
- The avoidance of taxes is the only intellectual pursuit that still carries any reward.
- The importance of money flows from it being a link between the present and the future.
- The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
- Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.