Quote by John Maynard Keynes

The best way to destroy the capitalist system is 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.

The best way to destroy the capitalist system is to debauch

Summary

This quote suggests that one effective method of dismantling the capitalist system is through manipulating the currency. The idea is that governments can gradually increase inflation, which would result in the gradual confiscation of the citizens' wealth without them realizing it. The underlying concept is that by eroding the value of money, the power and control of the capitalist system can be undermined, ultimately leading to its destruction.

Topics

Inflation

By John Maynard Keynes

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