When somebody persuades me I am wrong, I change my mind.

If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.

I do not know which makes a man more conservative - to know nothing but the present, or nothing but the past.

The old saying holds. Owe your banker �1000 and you are at his mercy; owe him �1 million and the position is reversed.

There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.

Of the maxims of orthodox finance none, surely, is more anti-social than the fetish of liquidity, the doctrine of that it is a positive virtue on the part of investment institutions to concentrate their resources upon the holding of 'liquid' securities. It forgets that there is no such thing as liquidity of investment for the community as a whole.

The numeric system was invented to help man to put order in the chaos of the world.