Friday, November 27, 2009

"The best way to destroy the capitalist system is to debauch the currency."

"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."
-- John Maynard Keynes, Economist, Fabian Socialist

Admittedly, an amazing confession from the man who justified just such a confiscation!