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Quote #4

In truth, the gold standard is already a barbarous relic.

— John Maynard Keynes

More from John Maynard Keynes

  1. The long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a t…
  2. When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able…
  3. Thus those reformers, who look for a remedy by creating artificial carrying-costs for money through the device of requiring legal-tender cu…
  4. If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
  5. I work for a Government I despise for ends I think criminal.
  6. Most men love money and security more, and creation and construction less, as they get older.
  7. Words ought to be a little wild for they are the assault of thoughts on the unthinking.
  8. The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is no…

All John Maynard Keynes quotes

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Topics in this quote

  • economics
  • keynes
  • history
  • currency
  • gold standard
  • monetary
  • monetary policy
  • obsolescence

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