Borrowed Quote by John Maynard Keynes
“It is impossible that the intention of the entrepreneur who has borrowed in order to increase investment can become effective (except in substitution for investment by other entrepreneurs which would have occurred otherwise) at a faster rate than the public decide to increase their savings”
About This Quote
Source Book: The General Theory of Employment, Interest and Money, 1936
Entrepreneurial borrowing to boost investment is limited by the speed at which the public decides to save, making rapid private investment unlikely without broader savings growth.
In simple terms: Entrepreneurs can’t speed up investment faster than people save.
Key Takeaway
Encourage broader savings to fuel investment.
Themes
economics
investment
entrepreneurship
public savings
macro theory
Mood
analytical
thought‑provoking
academic
Type
economic
theoretical
policy
When to use this quote
- government fiscal policy
- financial education
- investment planning
Key Concepts
interest rates
capital formation
financial markets
Questions to Reflect On
- How can societies increase saving rates responsibly?
- What role should government play in aligning savings with investment needs?
A Different Perspective
Savings rates may be influenced by factors beyond policy control.
![“In the chapter on the nature of the atonement [in the book saving Calvinism] I argue that it is a mistake to think that penal substitution is the only option on the doctrine of atonement.” quote by Oliver D. Crisp](https://sms4smile.com/quotes/img-quotes/5fe/oliver-d-crisp-12863_arguing_in-the-chapter-on-the-nature-of-the-aton_377313.jpg)
