John Maynard Keynes Quote on Inflation and Wealth Loss – The Hidden Danger of Money Devaluation

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

John Maynard KeynesJohn Maynard Keynes reveals the secret power of inflation quietly destroying citizens' wealth.
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John Maynard Keynes was a British economist regarded as the founder of Keynesian economics.

Keynes warns of the hidden dangers of inflation that quietly erodes wealth.


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Quote by John Maynard Keynes about inflation confiscating citizens' wealth

John Maynard Keynes (1883–1946) was a prominent British economist best known for his theories on macroeconomics and his influential role in shaping economic policies during the interwar period and beyond. His ideas have had a lasting impact on modern economic policies.

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""...Every decline in the value of money is caused and organized by the state. Paper money and the central bank monopoly are the great super-tricks used to camouflage the violent nature of the state and the predatory basic pattern of ALL politics. Very few citizens are truly aware of the unimaginable extent to which they have been exploited for generations by the combination of progressive income tax and inflation, robbing them of the fruits of their labor."" Roland Baader
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"Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people's savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments." Ayn Rand
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Quote by Henry Hazlitt about inflation and its unavoidable economic consequencesCopyright © yoice.net – Quote Artwork
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"If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate business, then no power on earth, no gimmick, device, trick or even indexation can prevent its economic consequences." Henry Hazlitt
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