Quote of the Day
Authors Categories Blog Quote Maker Videos
 

John Maynard Keynes Quotes: By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.
         

By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.


John Maynard Keynes
Check all other quotes by John Maynard Keynes

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"John Maynard Keynes Quotes." Quoteslyfe.com, 2024. Fri. 22 Nov. 2024. <https://www.quoteslyfe.com/quote/By-this-means-fractional-reserve-banking-government-743903>.





Check out


Other quotes of John Maynard Keynes


The difficulty lies, not in the new ideas, but in escaping from the old ones.

The difficulty lies, not in the new ideas, but in escaping from the old ones.



Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.

Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.



By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.



When the facts change, I change my mind.

When the facts change, I change my mind.



It is better to be roughly right than precisely wrong.

It is better to be roughly right than precisely wrong.



The biggest problem is not to let people accept new ideas, but to let them forget the old ones.

The biggest problem is not to let people accept new ideas, but to let them forget the old ones.



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.

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.



The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.

The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.



Long run is a misleading guide to current affairs. In the long run we are all dead.

Long run is a misleading guide to current affairs. In the long run we are all dead.



The boom, not the slump, is the right time for austerity at the Treasury.

The boom, not the slump, is the right time for austerity at the Treasury.





Other quotes you may like


Living a lie is painful, and doesn’t do anyone any good. I had to be true to myself, because, either way, God would know if I was lying.

Living a lie is painful, and doesn’t do anyone any good. I had to be true to myself, because, either way, God would know if I was lying.



All the forms of civil polity have been tried by mankind, except one, and that seems to have been reserved in Providence to be realized in America.

All the forms of civil polity have been tried by mankind, except one, and that seems to have been reserved in Providence to be realized in America.




The days of an open mic night when I'd rock up in an old jumper are over.

The days of an open mic night when I'd rock up in an old jumper are over.



I'm the worst ad anyone could possibly be for abstaining from anything.

I'm the worst ad anyone could possibly be for abstaining from anything.



Nobody really knows for sure who the Blue Blazer is, but like I said in my interview, there's a little bit of the Blue Blazer in each and every one of us.

Nobody really knows for sure who the Blue Blazer is, but like I said in my interview, there's a little bit of the Blue Blazer in each and every one of us.



A good, all-loving god would not destroy his creations no matter how they act. He tells parents to love their children unconditionally. I say 'you first, God.'

A good, all-loving god would not destroy his creations no matter how they act. He tells parents to love their children unconditionally. I say 'you first, God.'



Happy employees ensure happy customers. And happy customers ensure happy shareholders—in that order.

Happy employees ensure happy customers. And happy customers ensure happy shareholders—in that order.



Little Bird if you don't sing for me I will make you sing

Little Bird if you don't sing for me I will make you sing




Quote Description


This page presents the quote "By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.". Author of this quote is John Maynard Keynes. This quote is about theft, men, may, government, one man, banking, people, mean, wealth,.