---

"...all the hidden forces of economic law on the side of destruction...".
Hvad mener JMK?


The Economic Consequences of the Peace

by John Maynard Keynes

1919


"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. The sight of this arbitrary
rearrangement of riches strikes not only at security, but at confidence in
the equity of the existing distribution of wealth."

....

"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 is able
to diagnose.

In the latter stages of the war all the belligerent governments
practised, from necessity or incompetence, what a Bolshevist might have done
from design."

---

Andreas wrote:
> "...all the hidden forces of economic law on the side of destruction...".
> Hvad mener JMK?
>
>
> The Economic Consequences of the Peace
>
> by John Maynard Keynes
>
> 1919
>
>
> "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. The sight of this arbitrary

Nogen der gider forklare mig hvorfor nogen bliver rige af inflation?




JonB

---

Jon Bendtsen <noone@example.com> wrote:

>> "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. The sight of this arbitrary
>
> Nogen der gider forklare mig hvorfor nogen bliver rige af
> inflation?

Skyldnere af pengegæld bliver rige(re) af inflation. Der sker en
omfordeling af forbrugsmulighederne fra dem som har penge tilgode
(opsparerne) til dem som skylder penge væk (låntagerne). I citatet er
det underforstået, at staten har lånt penge hos borgerne.

--
Jesper Lund

---

"Jesper Lund" <jelu@despammed.com> wrote in message
news:437f31d4$0$84016$edfadb0f@dtext01.news.tele.dk...
> Jon Bendtsen <noone@example.com> wrote:
>
>>> "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. The sight of this arbitrary
>>
>> Nogen der gider forklare mig hvorfor nogen bliver rige af
>> inflation?
>
> Skyldnere af pengegæld bliver rige(re) af inflation. Der sker en
> omfordeling af forbrugsmulighederne fra dem som har penge tilgode
> (opsparerne) til dem som skylder penge væk (låntagerne). I citatet er det
> underforstået, at staten har lånt penge hos borgerne.
>
Der har vi vel nok det bedste eksempel i bankernes lån af kunders indlån;
redskabet er bare ikke inflation??? Der gives (nesten) ingen renter for
indlån, mens der ved udlån er en anden
sag. Når man så ved at banker udlåner den samme krone x antal gange, så er
banen kridtet meget klart op...

-A