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Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency... Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.

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Source:
The Economic Consequences of the Peace, 1920, page 235 1920

Submitted by Normando on April 04, 2023

John Maynard Keynes

English economist who advocated the use of government monetary and fiscal policy to maintain full employment without inflation (1883-1946)

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