Mastodawn

#Inflation = theft
“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.”
#JohnMaynardKeynes #economics #finance #inequality

Don Curren 🇨🇦🇺🇦Mar 8

“It is our duty to prolong #peace, hour by hour, day by day, for as long as we can. We do not know what the #future will bring, except that it will be quite different from anything we could predict.” - #JohnMaynardKeynes open.substack.com/pub/adamtooz...

Top Links 1035 Chinese and Ame...

AI is proving a 100-year-old prediction true

Keynes’ work on the problem of leisure has not been treated with the same reverence as his work on solving the problem of the great depression.

The Japan Times

Gemma Seymour Feb 12

So much of our #society would be greatly improved by simply #spending the #money into existence that is needed to hire people to do work that needs to be done, like keeping our public spaces clean. #urbanism

As the estimable #JohnMaynardKeynes once said, "We can afford everything that we can do."

#ModernMonetaryTheory #MMT demonstrates clearly the truth of this. We can afford full #employment in society. #Currency is merely a token that represents the #labor product of the people.

Wisdom in Space Jan 25

The difficulty lies, not in the new ideas, but in escaping the old ones, which ramify... into every corner of our minds.
-- John Maynard Keynes

⬆ #Wisdom #Quotes #JohnMaynardKeynes #Knowledge

⬇ #Photography #Panorama #Sealions #Beach #Galapagos

quackademic Jan 25

Imagine how different our world would be if JM Keynes’ model of an independent default global currency had been adopted instead of the American proposal which has cemented US hegemony ever since.

Where currently the US dollar is the currency against which all others are valued, with penalties for inequality being borne by the poor - thereby placing no checks on accelerating plunder by US interests that drives other countries into poverty & collapse - Keynes’ model requires countries running trade surpluses to balance their trade by buying from countries that run deficits.

Imagine.

For all his shortcomings I have a lot of time for JMKeynes. It was his advice that led to the establishment of the post-war welfare state in Britain. Reading his work 50 years ago was the first time I realised that ALL economic models, including his, were predicated on the idea of infinite growth.

The interconnected nature of global ecosystems was not as clear to folks then as it is now. But Keynes’ clarity about the potential for unimpeded plunder, with catastrophic consequences globally, was spot on.

This is a fascinating read, from economist Alan Kohler.

#Bancor #JohnMaynardKeynes #inequality #plunder #economics #SocialSciences

https://www.abc.net.au/news/2026-01-26/trump-us-dollar-keynes-bretton-woods-economy/106260832?utm_source=abc_news_app&utm_medium=content_shared&utm_campaign=abc_news_app&utm_content=other

Trump's economic chaos makes Keynes's idea look attractive

In the wake of Trump, the world will now have to revisit the conference that set up the "rules-based world order".

Wisdom in Space Oct 14

Markets can remain irrational longer than you can remain solvent.
-- John Maynard Keynes

⬆ #Wisdom #Quotes #JohnMaynardKeynes #Economics

⬇ #Photography #Panorama #Panopainting #Protest #MarchForOurLives #Florida

WIST Quotations Has Moved!Oct 11

A quotation from John Maynard Keynes

If Enterprise is afoot, Wealth accumulates whatever may be happening to Thrift; and if Enterprise is asleep, Wealth decays, whatever Thrift may be doing.

John Maynard Keynes (1883-1946) English economist
Treatise on Money, Book 6, ch. 30 (1930)

More info about this quote: wist.info/keynes-john-maynard/…

#quote #quotes #quotation #qotd #keynes #johnmaynardkeynes #budget #effort #enterprise #hardwork #makingmoney #money #profit #savings #thrift #wealth

Show thread

HistoPol (#HP) 🏴 🇺🇸 🏴Sep 28, 2025

... #Versailles" avait été injuste, aleurs de la #revanchisme.

"#JohnMaynardKeynes a fait valoir que les réparations imposées à l'Allemagne après la Première Guerre mondiale étaient excessivement sévères et conduiraient à la ruine économique, comme il l'a expliqué en détail dans son ouvrage « Les conséquences économiques de la paix ». Il estimait qu'une approche plus clémente était nécessaire pour garantir la stabilité en Europe et prévenir de futurs conflits.

4) Une partie @InternetDev @bpb

Top Links 1035 Chinese and American fiscal exceptionalism. How the UK ended coal & Keynes on the "short run", in which we are "still alive”.

AI is proving a 100-year-old prediction true

Trump's economic chaos makes Keynes's idea look attractive