one random quotation out of 27,785 quotations
author/source
John Maynard Keynes
keyword(s)
fiat currency
quotation
Lenin is said to have declared that the best way to destroy the Capitalist system was 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... while the process impoverishes many, it actually enriches some... who are (then) the object of hatred.