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.
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Original Citation
Keynes, John Maynard. The Economic Consequences of the Peace. Self-published, 1919, ch. 6.
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Current Citation
Keynes, John Maynard. "The Economic Consequences of the Peace." The Essential Keynes, edited by Robert Skidelsky. Penguin, 2016, ch. 6.
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