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In Truth, The Gold Standard Is Already A Barbarous Relic.
-John Maynard Keynes
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In Truth, The Gold Standard
John Maynard Keynes
In Truth, The Gold Standard Is Already A Barbarous Relic.
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Gold
Standards
Relics
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If, However, A Government Refrains From Regulations And Allows Matters To Take Their Course, Essential Commodities Soon Attain A Level Of Price Out Of The Reach Of All But The Rich, The Worthlessness Of The Money Becomes Apparent, And The Fraud Upon The Public Can Be Concealed No Longer.
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In This Autumn Of 1919, In Which I Write, We Are At The Dead Season Of Our Fortunes.
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When My Information Changes, I Alter My Conclusions. What Do You Do, Sir?
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The Considerations Upon Which Expectations Of Prospective Yields Are Based Are Partly Existing Facts Which We Can Assume To Be Known More Or Less For Certain, And Partly Future Events Which Can Only Be Forecasted With More Or Less Confidence.
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