“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.”
More from John Maynard Keynes on Wisdom
“When the facts change, I change my mind. What do you do, sir?”
“If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.”
“It is better to be roughly right than precisely wrong.”
“The avoidance of taxes is the only intellectual pursuit that still carries any reward.”
Others on Wisdom
Sun Tzu
30 quotes“A clever general, therefore, avoids an army when its spirit is keen, but attacks it when it is sluggish and inclined to...”
Dalai Lama
22 quotes“A disciplined mind leads to happiness, and an undisciplined mind leads to suffering.”
Cervantes
20 quotes“Honesty's the best policy.”
Aesop
19 quotes“Do not waste your pity on a scamp.”
Confucius
19 quotes“If a man take no thought about what is distant he will find sorrow near at hand.”
Ben Franklin
18 quotes“Never ruin an apology with an excuse.”
Napoleon
16 quotes“One must change one's tactics every ten years if one wishes to maintain one's superiority.”
Cicero
15 quotes“Gratitude is not only the greatest of virtues, but the parent of all others.”
George Washington
14 quotes“I hold the maxim no less applicable to public than to private affairs, that honesty is always the best policy.”
Khalil Gibran
14 quotes“A little knowledge that acts is worth infinitely more than much knowledge that is idle.”
Rudyard Kipling
14 quotes“One paid for one's knowledge with one's skin.”
William Penn
14 quotes“Speak properly, and in as few words as you can, but always plainly; for the end of speech is not ostentation, but to be...”