Author: John Maynard Keynes
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The difficulty lies, not in the new ideas, but in escaping the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.
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.
All production is for the purpose of ultimately satisfying a consumer.
Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.
... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.
It's not bringing in the new ideas that are so hard; it's getting rid of the old ones.
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