Saturday, June 5, 2010

Keynes Quote

Most politicians, bankers and wall street operatives are promoting a typical Keynesian approach to try to solve our economic disaster.

John Maynard Keynes, the British economist is the architect of our present economic system in America and around the World

In Keynes' 1920 book, "The Economic Consequences of the Peace", he states, " by a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of its citizens. There is no surer nor more subtle way to overturn the existing basis of society, than to debauch or destroy the currency. It engages all the processes of economic law that comes down on the side of destruction and does it in a manner that not one in a million can diagnose".

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