There is nothing so disastrous as a rational investment policy in an irrational world.
John Maynard KeynesExperience shows that what happens is always the thing against which one has not made provision in advance.
John Maynard KeynesBut my lord, when we addressed this issue a few years ago, didn't you argue the other side?" He said, "That's true, but when I get more evidence I sometimes change my mind. What do you do?
John Maynard KeynesNothing can preserve the integrity of contact between individuals, except a discretionary authority in the state to revise what has become intolerable. The powers of uninterrupted usury are too great. If the accretions of vested interests were to grow without mitigation for many generations, half the population would be no better than slaves to the other half.
John Maynard Keynes