Re: Keynes quote--private reply

["William B. Ryan" <william_b_ryan@xxxxxxxxxx>]

A text search from my electronic version of *The Consequences* returns
this:

"Lenin is said to have declared that the best way to destroy
the capitalist system was to debauch the currency. By a
continuing process of inflation, governments can confiscate,
secretly and unobserved, an important part of the wealth of their
citizens. By this method they not only confiscate, but they
confiscate arbitrarily; and, while the process impoverishes many,
it actually enriches some."

Keynes is attributing the thought to Lenin, not himself.

--
William B. Ryan
william_b_ryan@xxxxxxxxxx - email
voicemail/fax - 1-866-678-3967 - toll free



---- "William B. Ryan" <william_b_ryan@xxxxxxxxxx> wrote:
> The quote is circulated by conspiracy theorists, and is usually attributed
> to Keynes' *The Economic Consequences of the Peace.*
>
> It is also attributed to the Rothschild's:
>
> ?By this means government may secretly and unobserved, confiscate the
> wealth of the people, and not one man in a million will detect the
> theft?
> -- Rothschild Brothers of London, in a letter discussing their new
> banking
> scheme with fellow conspirators on June 25, 1863
>
> Which leads me to believe it is probably spurious.
>
> --
> William B. Ryan
> william_b_ryan@xxxxxxxxxx - email
> voicemail/fax - 1-866-678-3967 - toll free
>
>
>
> ---- Alan G Isaac <aisaac@xxxxxxxxxxxx> wrote:
> > What is the source of this quote?
> >
> > "By this means government may secretly
> > and unobserved, confiscate the wealth of the
> > people, and not one man in a million will detect
> > the theft."
> >
> > Thanks,
> > Alan Isaac
> >
> >
> >
>