Owe your banker 1,000 and you are at his mercy; owe him 1 million and the position is reversed.

John Maynard Keynes

More information about this quote

Topic

Debt Finance

Author

John Maynard Keynes

Statement Type

Paradox

Language

English

Time

1945 1940s 20th century

Occupation

Economist Writer

From

United Kingdom Europe

Authentication Score 1

Original Citation

Keynes, John Maynard. Memo circulated to British War Cabinet. 15 May 1945.

Current Citation

Keynes, John Maynard. "Overseas Financial Policy in Stage III (1945)." The Essential Keynes. Penguin, edited by Robert Skidelsky, 2016.

Illustrated Quote

A quote by John Maynard Keynes about debt: “Owe your banker 1,000 and you are at his mercy; owe him 1 million…”
Download
A quote by John Maynard Keynes about debt: “Owe your banker 1,000 and you are at his mercy; owe him 1 million…”
Download
A quote by John Maynard Keynes about debt: “Owe your banker 1,000 and you are at his mercy; owe him 1 million…”
Download

Related Quotes

Below are one or more quotes that share at least one tag with the quote at the top of the page

Another quote from the 1940s

The buck stops here.

Harry Truman

More information about this quote
Topic
Political leadership Taking responsibility

Author

Harry Truman
Medium
Inscription
Language
English
Time
1945 1940s 20th century
Authentication Score 3
Citation

Truman, Harry S. Sign on Truman's desk during his presidency. c. 1945.

Another quote from 1945

This land is your land, this land is my land
From California to the New York Island,
From the redwood forest to the Gulf Stream waters;
This land was made for you and me.

Woody Guthrie

This Land is Your Land

Listen to This Land is Your Land at Amazon Listen to This Land is Your Land at Amazon
Read the lyrics to This Land is Your Land at genius.com
More information about this quote
Topic
America Equality
Speaker
Woody Guthrie
Source
This Land is Your Land
Medium
Song
Genre
Folk music
Language
English
Time
1945 1940s 20th century
Authentication Score 3
Citation

Guthrie, Woodie. This Land Is Your Land. c. 1945.

Another quote of the following type Paradox

Beauty can pierce one like a pain.

Thomas Mann

Buddenbrooks

Buy Buddenbrooks at Amazon Buy Buddenbrooks at Amazon
More information about this quote
Topic
Power of beauty Beauty

Author

Thomas Mann
Source
Buddenbrooks
Medium
Novel
Statement Type
Paradox
Language
German
Time
1901 1900s 20th century
Authentication Score 3
Original Citation

Mann, Thomas. Buddenbrooks. Berlin: S. Fischer Verlag, 1901, pt. 11, ch. 2.

Current Citation

Mann, Thomas. Buddenbrooks. Dover Publications, 2020, pt. 11, ch. 2.