---
title: "4 Banking Quotes By John Maynard Keynes"
description: "4 Banking quotes by John Maynard Keynes. Plus more from John Maynard Keynes and more Banking sayings from other authors."
image: "https://sms4smile.com/quotes/i/d30/john-maynard-keynes-1380_banking_by-this-means-the-government-may-secretl_2005111.png"
---

> [“By this means the government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million…](https://sms4smile.com/quotes/john-maynard-keynes/by-this-means-the-government-may-secretly-and-unobserved-confiscate/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

[Image](https://sms4smile.com/quotes/i/d30/john-maynard-keynes-1380_banking_by-this-means-the-government-may-secretl_2005111.png)

> [If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price…](https://sms4smile.com/quotes/john-maynard-keynes/if-however-a-government-refrains-from-regulations-and-allows-matters/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

[Image](https://sms4smile.com/quotes/i/c6e/john-maynard-keynes-1380_banking_if-however-a-government-refrains-from-re_2546920.png)

> [By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in…](https://sms4smile.com/quotes/john-maynard-keynes/by-this-means-fractional-reserve-banking-government-may-secretly-and/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

[Image](https://sms4smile.com/quotes/i/27a/john-maynard-keynes-1380_banking_by-this-means-fractional-reserve-banking_2566025.png)

> [If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.](https://sms4smile.com/quotes/john-maynard-keynes/if-you-owe-your-bank-a-hundred-pounds-you-have-a-problem-but-if-you/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

[Image](https://sms4smile.com/quotes/i/935/john-maynard-keynes-1380_banking_if-you-owe-your-bank-a-hundred-pounds-yo_2867149.png)

## Other authors on Banking

- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b023/author-thomas-jefferson-90435.jpg) Thomas Jefferson 15 quotes ](https://sms4smile.com/quotes/about/banking/thomas-jefferson/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b010/author-rashedur-ryan-rahman-37299.jpg) Rashedur Ryan Rahman 12 quotes ](https://sms4smile.com/quotes/about/banking/rashedur-ryan-rahman/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b001/author-jamie-dimon-1320.jpg) Jamie Dimon 10 quotes ](https://sms4smile.com/quotes/about/banking/jamie-dimon/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b016/author-louis-thomas-mcfadden-61450.jpg) Louis Thomas McFadden 7 quotes ](https://sms4smile.com/quotes/about/banking/louis-thomas-mcfadden/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b012/author-james-grant-46348.jpg) James Grant 7 quotes ](https://sms4smile.com/quotes/about/banking/james-grant/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b001/author-chanda-kochhar-2727.jpg) Chanda Kochhar 7 quotes ](https://sms4smile.com/quotes/about/banking/chanda-kochhar/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b019/author-paulo-freire-74349.jpg) Paulo Freire 6 quotes ](https://sms4smile.com/quotes/about/banking/paulo-freire/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b025/author-woodrow-wilson-96331.jpg) Woodrow Wilson 5 quotes ](https://sms4smile.com/quotes/about/banking/woodrow-wilson/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b024/author-walter-bagehot-94323.jpg) Walter Bagehot 5 quotes ](https://sms4smile.com/quotes/about/banking/walter-bagehot/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b024/author-vince-cable-93728.jpg) Vince Cable 5 quotes ](https://sms4smile.com/quotes/about/banking/vince-cable/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b014/author-josiah-stamp-53714.jpg) Josiah Stamp 5 quotes ](https://sms4smile.com/quotes/about/banking/josiah-stamp/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b009/author-franklin-d-roosevelt-35911.jpg) Franklin D. Roosevelt 5 quotes ](https://sms4smile.com/quotes/about/banking/franklin-d-roosevelt/)

## More by John Maynard Keynes

> [Once we allow ourselves to be disobedient to the test of an accountant's profit, we have begun to change our civilization.](https://sms4smile.com/quotes/john-maynard-keynes/once-we-allow-ourselves-to-be-disobedient-to-the-test-of-an/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at…](https://sms4smile.com/quotes/john-maynard-keynes/if-you-owe-your-bank-manager-a-thousand-pounds-you-are-at-his-mercy/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.](https://sms4smile.com/quotes/john-maynard-keynes/there-is-no-subtler-no-surer-means-of-overturning-the-existing-basis/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [It has been pointed out already that no knowledge of probabilities, less in degree than certainty, helps us to know what conclusions are true,…](https://sms4smile.com/quotes/john-maynard-keynes/it-has-been-pointed-out-already-that-no-knowledge-of-probabilities/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [Everything is always decided for reasons other than the real merits of the case](https://sms4smile.com/quotes/john-maynard-keynes/everything-is-always-decided-for-reasons-other-than-the-real-merits/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [In the long run we are all dead.](https://sms4smile.com/quotes/john-maynard-keynes/in-the-long-run-we-are-all-dead/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [The power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas](https://sms4smile.com/quotes/john-maynard-keynes/the-power-of-vested-interests-is-vastly-exaggerated-compared-with-the/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [It is a good thing to make mistakes so long as you're found out quickly.](https://sms4smile.com/quotes/john-maynard-keynes/it-is-a-good-thing-to-make-mistakes-so-long-as-you-re-found-out/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall…](https://sms4smile.com/quotes/john-maynard-keynes/when-the-accumulation-of-wealth-is-no-longer-of-high-social/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [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…](https://sms4smile.com/quotes/john-maynard-keynes/of-the-maxims-of-orthodox-finance-none-surely-is-more-anti-social/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable…](https://sms4smile.com/quotes/john-maynard-keynes/the-outstanding-faults-of-the-economic-society-in-which-we-live-are/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [I conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the means of securing an approximation to full employment.](https://sms4smile.com/quotes/john-maynard-keynes/i-conceive-therefore-that-a-somewhat-comprehensive-socialisation-of/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.](https://sms4smile.com/quotes/john-maynard-keynes/capitalism-is-the-astounding-belief-that-the-most-wickedest-of-men/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [Economics is a very dangerous science.](https://sms4smile.com/quotes/john-maynard-keynes/economics-is-a-very-dangerous-science/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

> [Whenever you save five shillings you put a man out of work for a day.](https://sms4smile.com/quotes/john-maynard-keynes/whenever-you-save-five-shillings-you-put-a-man-out-of-work-for-a-day/)

[John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "ItemList",
            "@id": "https://sms4smile.com/quotes/about/banking/john-maynard-keynes/#itemlist",
            "name": "4 Banking Quotes By John Maynard Keynes",
            "numberOfItems": 4,
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "item": {
                        "@type": "Quotation",
                        "text": "“By this means the government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.”",
                        "creator": {
                            "@type": "Person",
                            "name": "John Maynard Keynes"
                        },
                        "url": "https://sms4smile.com/quotes/john-maynard-keynes/by-this-means-the-government-may-secretly-and-unobserved-confiscate/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/d30/john-maynard-keynes-1380_banking_by-this-means-the-government-may-secretl_2005111.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/d30/john-maynard-keynes-1380_banking_by-this-means-the-government-may-secretl_2005111.png",
                            "url": "https://sms4smile.com/quotes/i/d30/john-maynard-keynes-1380_banking_by-this-means-the-government-may-secretl_2005111.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“By this means the government may secretly and unobserved, confiscate the wealth of the people, and not one…” — John Maynard Keynes",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "item": {
                        "@type": "Quotation",
                        "text": "If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer.",
                        "creator": {
                            "@type": "Person",
                            "name": "John Maynard Keynes"
                        },
                        "url": "https://sms4smile.com/quotes/john-maynard-keynes/if-however-a-government-refrains-from-regulations-and-allows-matters/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/c6e/john-maynard-keynes-1380_banking_if-however-a-government-refrains-from-re_2546920.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/c6e/john-maynard-keynes-1380_banking_if-however-a-government-refrains-from-re_2546920.png",
                            "url": "https://sms4smile.com/quotes/i/c6e/john-maynard-keynes-1380_banking_if-however-a-government-refrains-from-re_2546920.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“If, however, a government refrains from regulations and allows matters to take their course, essential…” — John Maynard Keynes",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "item": {
                        "@type": "Quotation",
                        "text": "By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.",
                        "creator": {
                            "@type": "Person",
                            "name": "John Maynard Keynes"
                        },
                        "url": "https://sms4smile.com/quotes/john-maynard-keynes/by-this-means-fractional-reserve-banking-government-may-secretly-and/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/27a/john-maynard-keynes-1380_banking_by-this-means-fractional-reserve-banking_2566025.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/27a/john-maynard-keynes-1380_banking_by-this-means-fractional-reserve-banking_2566025.png",
                            "url": "https://sms4smile.com/quotes/i/27a/john-maynard-keynes-1380_banking_by-this-means-fractional-reserve-banking_2566025.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of…” — John Maynard Keynes",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "item": {
                        "@type": "Quotation",
                        "text": "If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.",
                        "creator": {
                            "@type": "Person",
                            "name": "John Maynard Keynes"
                        },
                        "url": "https://sms4smile.com/quotes/john-maynard-keynes/if-you-owe-your-bank-a-hundred-pounds-you-have-a-problem-but-if-you/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/935/john-maynard-keynes-1380_banking_if-you-owe-your-bank-a-hundred-pounds-yo_2867149.png",
                            "contentUrl": "https://sms4smile.com/quotes/i/935/john-maynard-keynes-1380_banking_if-you-owe-your-bank-a-hundred-pounds-yo_2867149.png",
                            "url": "https://sms4smile.com/quotes/i/935/john-maynard-keynes-1380_banking_if-you-owe-your-bank-a-hundred-pounds-yo_2867149.png",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.” — John Maynard Keynes",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                }
            ]
        },
        {
            "@type": "CollectionPage",
            "@id": "https://sms4smile.com/quotes/about/banking/john-maynard-keynes/#webpage",
            "url": "https://sms4smile.com/quotes/about/banking/john-maynard-keynes/",
            "name": "Banking Quotes by John Maynard Keynes",
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "mainEntity": {
                "@id": "https://sms4smile.com/quotes/about/banking/john-maynard-keynes/#itemlist"
            },
            "primaryImageOfPage": {
                "@id": "https://sms4smile.com/quotes/i/d30/john-maynard-keynes-1380_banking_by-this-means-the-government-may-secretl_2005111.png"
            },
            "description": "4 Banking quotes by John Maynard Keynes. Plus more from John Maynard Keynes and more Banking sayings from other authors.",
            "breadcrumb": {
                "@id": "https://sms4smile.com/quotes/about/banking/john-maynard-keynes/#breadcrumb"
            }
        },
        {
            "@type": "BreadcrumbList",
            "@id": "https://sms4smile.com/quotes/about/banking/john-maynard-keynes/#breadcrumb",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Topics",
                    "item": "https://sms4smile.com/quotes/categories/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Banking",
                    "item": "https://sms4smile.com/quotes/about/banking/"
                },
                {
                    "@type": "ListItem",
                    "position": 5,
                    "name": "John Maynard Keynes",
                    "item": "https://sms4smile.com/quotes/about/banking/john-maynard-keynes/"
                }
            ]
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
