Principium Volume III, Book 12, Quote 1300 and 1301
Consider quote 1299 posted yesterday and this quote and know that socialism and communism have the same goal and the bed fellows are well known.
1300. (2-21-2011) (Look who he has for company.)ATJ …the best way to destroy a capitalist system was to debauch the currency.
- Vladimir Lenin, 1870-1924
Keynes was very smart and he understood what he was introducing and why.
1301. (2-21-2011) The Individualistic capitalism of today, precisely because it entrusts saving to the individual investor and production to the individual employer, presumes a stable measuring rod of value, and cannot be efficient – perhaps cannot survive – without one (a stable measuring-rod is a stable, strong currency)ATJ.
- John Maynard Keynes, 1883-1946 – A Tract of Monetary Reform