Well, when I get new information, I rethink my position. What, sir, do you do with new information?
John Maynard KeynesA sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional and orthodox way along with his fellows, so that no one can really blame him. It is necessarily part of the business of a banker to maintain appearances, and to confess a conventional respectability, which is more than human. Life-long practices of this kind make them the most romantic and the least realistic of men.
John Maynard KeynesGold is a relic from a time when government's were less trustworthy in these matters (currency debasement) than they are now.
John Maynard KeynesThe right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump; but in abolishing slumps and thus keeping us permanently in a quasi-boom.
John Maynard Keynes