The general character of our solution must be, therefore, that it withdraws from expenditure a proportion of the increased earnings. This is the only way, apart from shortages of goods or higher prices, by which we can secure a balance between money to be spent and goods to be bought.


Ch. 2 : The Character of the Solution - How to Pay for the War (1940)

John Maynard Keynes Quotes

The general character of our solution must be, therefore, that it withdraws from expenditure a proportion of the increased earnings. This is the only ...

The general character of our solution must be, therefore, that it withdraws from expenditure a proportion of the increased earnings. This is the only ...

The general character of our solution must be, therefore, that it withdraws from expenditure a proportion of the increased earnings. This is the only ...

The general character of our solution must be, therefore, that it withdraws from expenditure a proportion of the increased earnings. This is the only ...