The idea behind stamped money is sound.

JOHN MAYNARD KEYNES

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The idea behind stamped money is sound.

John Maynard Keynes

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Bagwalas

The power to become habituated to his surroundings and therefore to no longer be grateful for what is good in it is a marked characteristic of mankind and needs to be fought against if a person is to be happy.

JOHN MAYNARD KEYNES

The power to become habituated to his surroundings and therefore to no longer be grateful for what is good in it is a marked characteristic of mankind and needs to be fought against if a person is to be happy.
JOHN MAYNARD KEYNES

Habitat Surrounding
What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!

JOHN MAYNARD KEYNES

What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!
JOHN MAYNARD KEYNES

Episode
Perhaps a day might come when there would be at last be enough to go round, and when posterity could enter into the enjoyment of our labors.

JOHN MAYNARD KEYNES

Perhaps a day might come when there would be at last be enough to go round, and when posterity could enter into the enjoyment of our labors.
JOHN MAYNARD KEYNES

Poster Round
Most men love money and security more, and creation and construction less, as they get older.

JOHN MAYNARD KEYNES

Most men love money and security more, and creation and construction less, as they get older.
JOHN MAYNARD KEYNES

Construction
I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself is in many ways extremely objectionable.

JOHN MAYNARD KEYNES

I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself is in many ways extremely objectionable.
JOHN MAYNARD KEYNES

Capitalism Economy Extreme Manage Object
How long will it be necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult?

JOHN MAYNARD KEYNES

How long will it be necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult?
JOHN MAYNARD KEYNES

Performance
I was suffering from my chronic delusion that one good share is safer than ten bad ones, and I am always forgetting that hardly anyone else shares this particular delusion.

JOHN MAYNARD KEYNES

I was suffering from my chronic delusion that one good share is safer than ten bad ones, and I am always forgetting that hardly anyone else shares this particular delusion.
JOHN MAYNARD KEYNES

Delusion
The duty of “saving” became nine-tenths of virtue and the growth of the cake the object of true religion.

JOHN MAYNARD KEYNES

The duty of “saving” became nine-tenths of virtue and the growth of the cake the object of true religion.
JOHN MAYNARD KEYNES

Object
Canada is a place of infinite promise. We like the people, and if one ever had to emigrate, this would be the destination, not the U.S.A. The hills, lakes and forests make it a place of peace and repose of the mind, such as one never finds in the U.S.A.

JOHN MAYNARD KEYNES

Canada is a place of infinite promise. We like the people, and if one ever had to emigrate, this would be the destination, not the U.S.A. The hills, lakes and forests make it a place of peace and repose of the mind, such as one never finds in the U.S.A.
JOHN MAYNARD KEYNES

Infinite
It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.

JOHN MAYNARD KEYNES

It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.
JOHN MAYNARD KEYNES

Certain
Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.

JOHN MAYNARD KEYNES

Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.
JOHN MAYNARD KEYNES

Agreement Move Virtual
It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.

JOHN MAYNARD KEYNES

It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.
JOHN MAYNARD KEYNES

Capital National Production
If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.

JOHN MAYNARD KEYNES

If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.
JOHN MAYNARD KEYNES

Farm Raining Season Summer
It is the duty of the long-term investor to endure great losses with equanimity.

JOHN MAYNARD KEYNES

It is the duty of the long-term investor to endure great losses with equanimity.
JOHN MAYNARD KEYNES

Responsibility
Long run is a misleading guide to current affairs. In the long run we are all dead.

JOHN MAYNARD KEYNES

Long run is a misleading guide to current affairs. In the long run we are all dead.
JOHN MAYNARD KEYNES

Affair
The introduction of a substantial Government transfer tax on all transactions might prove the most serviceable reform available,with a view to mitigating the predominance of speculation in the United States.

JOHN MAYNARD KEYNES

The introduction of a substantial Government transfer tax on all transactions might prove the most serviceable reform available,with a view to mitigating the predominance of speculation in the United States.
JOHN MAYNARD KEYNES

Introduction Speculation Transaction

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