Showing posts with label John Maynard Keynes. Show all posts
Showing posts with label John Maynard Keynes. Show all posts

Saturday, August 28, 2010

Inflation

By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

- John Maynard Keynes

Saturday, October 11, 2008

Irrational market

Although markets do tend toward rational positions in the long run, the market can stay irrational longer than you can stay solvent.

- John Maynard Keynes

Tuesday, July 22, 2008

Understand Business

Don't try and figure out what the market is doing. Figure out a business you understand, and concentrate.

- John Maynard Keynes