Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
Gold is a relic from a time when government's were less trustworthy in these matters (currency debasement) than they are now.
John Maynard Keynes
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
John Maynard Keynes
Age: 62 †
Born: 1883
Born: June 5
Died: 1946
Died: April 21
Businessperson
Diplomat
Economist
Mathematician
Non-Fiction Writer
Philosopher
Politician
Professor
Lord Keynes
Baron Keynes of Tilton
Time
Economics
Matters
Gold
Philosophy
Debasement
Less
Relic
Political
Relics
Government
Trustworthy
Matter
Currency
More quotes by John Maynard Keynes
Nothing mattered except states of mind, chiefly our own.
John Maynard Keynes
Perhaps it is historically true that no order of society ever perishes save by its own hand.
John Maynard Keynes
When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exulted some of the most distasteful of human qualities into the highest virtues.
John Maynard Keynes
If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.
John Maynard Keynes
The businessman is only tolerable so long as his gains can be held to bear some relation to what, roughly and in some sense, his activities have contributed to society.
John Maynard Keynes
Those, who are strongly wedded to what I shall call 'the classical theory', will fluctuate, I expect, between a belief that I am quite wrong and a belief that I am saying nothing new. It is for others to determine if either of these or the third alternative is right.
John Maynard Keynes
Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.
John Maynard Keynes
One blames politicians, not for inconsistency but for obstinacy. They are the interpreters, not the masters, of our fate. It is their job, in fact, to register the fact accompli.
John Maynard Keynes
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
John Maynard Keynes
Ideas, knowledge, art, hospitality, travel - these are things which should in their nature be international. But let goods be homespun whenever it is reasonably and conveniently possible and above all let finance be primarily national.
John Maynard Keynes
Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as the result of animal spirits-a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.
John Maynard Keynes
If human nature felt no temptation to take a chance there might not be much investment merely as a result of cold calculation.
John Maynard Keynes
The love of money as a possession...will be recognised for what it is, a somewhat disgusting morbidity.
John Maynard Keynes
The study of economics does not seem to require any specialised gifts of an unusually high order.
John Maynard Keynes
I wish I'd drunk more champagne.
John Maynard Keynes
The duty of saving became nine-tenths of virtue and the growth of the cake the object of true religion.
John Maynard Keynes
The boom, not the slump, is the right time for austerity at the Treasury.
John Maynard Keynes
The markets are moved by animal spirits, and not by reason.
John Maynard Keynes
The expected never happens it is the unexpected always.
John Maynard Keynes
If we consistently act on the optimistic hypothesis, this hypothesis will tend to be realised whilst by acting on the pessimistic hypothesis we can keep ourselves for ever in the pit of want.
John Maynard Keynes
