Money Quote by John Kenneth Galbraith
““The process by which money is created is so simple that the mind is repelled.””
About This Quote
Source Book: The Affluent Society, 1958
Money creation is so straightforward that it repels rational thought, suggesting people are uneasy with its simplicity.
In simple terms: Money is made easily, which makes people uneasy.
Key Takeaway
Question assumptions about monetary policy.
Themes
economics
psychology
money creation
skepticism
Mood
thoughtful
critical
Type
economic
philosophical
When to use this quote
- public policy
- investment decisions
- educational curricula
Key Concepts
monetary theory
behavioral economics
financial literacy
Questions to Reflect On
- Why does simplicity in money creation cause discomfort?
- How can education demystify monetary processes?
A Different Perspective
May oversimplify complex monetary mechanisms.
![“Money is a form of alchemy, [...] it turns kind, normal people into greed-mongers, intent only on acquisitiveness.” quote by Jasper Fforde](https://sms4smile.com/quotes/img-quotes/a5a/jasper-fforde-797_money_money-is-a-form-of-alchemy-it-turns-kind_2432882.jpg)
