Of the maxims of orthodox finance, none, surely, is more antisocial than the fetish of liquidity.... It forgets that there is no such thing as liquidity of investment for the community as a whole.


The General Theory of Employment, Interest and Money (1936), ch. 12

John Maynard Keynes Quotes

Of the maxims of orthodox finance, none, surely, is more antisocial than the fetish of liquidity.... It forgets that there is no such thing as...

Of the maxims of orthodox finance, none, surely, is more antisocial than the fetish of liquidity.... It forgets that there is no such thing as...

Of the maxims of orthodox finance, none, surely, is more antisocial than the fetish of liquidity.... It forgets that there is no such thing as...

Of the maxims of orthodox finance, none, surely, is more antisocial than the fetish of liquidity.... It forgets that there is no such thing as...