--- title: "Meaning & Key Takeaway of: Lenin is said to have declared that the…" description: "\"Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There i..." image: "https://sms4smile.com/quotes/i/8ef/john-maynard-keynes-1380_banking-system_lenin-is-said-to-have-declared-that-the_3153865.png" --- # Lenin is said to have declared that the best way to… ![“Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces…” quote by John Maynard Keynes](https://sms4smile.com/quotes/i/8ef/john-maynard-keynes-1380_banking-system_lenin-is-said-to-have-declared-that-the_3153865.png) [Download](https://sms4smile.com/quotes/i/8ef/john-maynard-keynes-1380_banking-system_lenin-is-said-to-have-declared-that-the_3153865.png) [Open image](https://sms4smile.com/quotes/i/8ef/john-maynard-keynes-1380_banking-system_lenin-is-said-to-have-declared-that-the_3153865.png) > “Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.” [John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Debasing money undermines trust and stability, making it easier to topple existing economic structures. **In simple terms:** Corrupting money destabilizes societies. Key Takeaway Guard currency integrity. Themes economics politics currency instability Mood cautious analytical Type economic political When to use this quote - financial planning - policy making - investment decisions - public advocacy Key Concepts inflation monetary policy systemic risk social upheaval Questions to Reflect On - How does monetary stability affect social order? - What safeguards protect against currency debasement? A Different Perspective If currency is already unstable, other levers may be more effective. ★ ★ ★ ★ ★ No ratings yet [Banking system](https://sms4smile.com/quotes/about/banking-system/) [Best way](https://sms4smile.com/quotes/about/best-way/) [Central banking](https://sms4smile.com/quotes/about/central-banking/) [Currency](https://sms4smile.com/quotes/about/currency/) [Destruction](https://sms4smile.com/quotes/about/destruction/) [Economic freedom](https://sms4smile.com/quotes/about/economic-freedom/) [Economics](https://sms4smile.com/quotes/about/economics/) [Inflation](https://sms4smile.com/quotes/about/inflation/) [Law](https://sms4smile.com/quotes/about/law/) [Liberty](https://sms4smile.com/quotes/about/liberty/) [Men](https://sms4smile.com/quotes/about/men/) [Monetary system](https://sms4smile.com/quotes/about/monetary-system/) [Process](https://sms4smile.com/quotes/about/process/) ## Related quotes > [I believe, as Lenin said, that this revolutionary chaos may yet crystallize into new forms of life](https://sms4smile.com/quotes/mikhail-gorbachev/i-believe-as-lenin-said-that-this-revolutionary-chaos-may-yet/) [Mikhail Gorbachev](https://sms4smile.com/quotes/author/mikhail-gorbachev/) > [“I am aware always that the powers that be are so strong, we can not go headlong to pit our forces, it would be…](https://sms4smile.com/quotes/luis-taruc/i-am-aware-always-that-the-powers-that-be-are-so-strong-we-can-not-go/) [Luis Taruc](https://sms4smile.com/quotes/author/luis-taruc/) > [Lenin said that people vote with their feet. Well, that's what's happening. They either go, or they don't go. It's all politics. It's all…](https://sms4smile.com/quotes/warren-beatty/lenin-said-that-people-vote-with-their-feet-well-that-s-what-s/) [Warren Beatty](https://sms4smile.com/quotes/author/warren-beatty/) > [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/) > [Each central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic…](https://sms4smile.com/quotes/carroll-quigley/each-central-banksought-to-dominate-its-government-by-its-ability-to/) [Carroll Quigley](https://sms4smile.com/quotes/author/carroll-quigley/) > [The one thing people don't appreciate, I think, is that central banking is not a new development. It's been around for a very long…](https://sms4smile.com/quotes/ben-bernanke/the-one-thing-people-don-t-appreciate-i-think-is-that-central-banking/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) > [I am a most unhappy man. I have unwittingly ruined my country,](https://sms4smile.com/quotes/woodrow-wilson/i-am-a-most-unhappy-man-i-have-unwittingly-ruined-my-country/) [Woodrow Wilson](https://sms4smile.com/quotes/author/woodrow-wilson/) > [The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying…](https://sms4smile.com/quotes/abraham-lincoln/the-government-should-create-issue-and-circulate-all-the-currency-and/) [Abraham Lincoln](https://sms4smile.com/quotes/author/abraham-lincoln/) > [The Federal Reserve is one of the most corrupt institutions the world has ever seen. There is not a man within the sound of…](https://sms4smile.com/quotes/louis-thomas-mcfadden/the-federal-reserve-is-one-of-the-most-corrupt-institutions-the-world/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) > [And who can suffer injury by just taxation, impartial laws and the application of the Jeffersonian doctrine of equal rights to all and special…](https://sms4smile.com/quotes/william-jennings-bryan/and-who-can-suffer-injury-by-just-taxation-impartial-laws-and-the/) [William Jennings Bryan](https://sms4smile.com/quotes/author/william-jennings-bryan/) > [It is no coincidence that the century of total war coincided with the century of central banking.](https://sms4smile.com/quotes/ron-paul/it-is-no-coincidence-that-the-century-of-total-war-coincided-with-the/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [ The issuing power \[of money\] should be taken from the banks and restored to the people, to whom it properly belongs. ](https://sms4smile.com/quotes/thomas-jefferson/the-issuing-power-of-money-should-be-taken-from-the-banks-and/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world.](https://sms4smile.com/quotes/woodrow-wilson/we-have-come-to-be-one-of-the-worst-ruled-one-of-the-most-completely/) [Woodrow Wilson](https://sms4smile.com/quotes/author/woodrow-wilson/) > [In central banking as in diplomacy, style, conservative tailoring, and an easy association with the affluent count greatly and results far much less.](https://sms4smile.com/quotes/john-kenneth-galbraith/in-central-banking-as-in-diplomacy-style-conservative-tailoring-and/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [The Central Bank is an institution of the most deadly hostility existing against the principles and form of our Constitution.](https://sms4smile.com/quotes/thomas-jefferson/the-central-bank-is-an-institution-of-the-most-deadly-hostility/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) ## 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/) [Explore all 246 John Maynard Keynes quotes ](https://sms4smile.com/quotes/author/john-maynard-keynes/) ## More Banking system quotes > [If I could wave a magic wand, I'd break up the banking system.](https://sms4smile.com/quotes/kenneth-c-griffin/if-i-could-wave-a-magic-wand-i-d-break-up-the-banking-system/) [Kenneth C. Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/) > [Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…](https://sms4smile.com/quotes/john-adams/historically-usury-was-defined-as-any-interest-whatever-on-an/) [John Adams](https://sms4smile.com/quotes/author/john-adams/) > [If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan.](https://sms4smile.com/quotes/kenneth-fisher/if-you-ve-taken-econ-101-you-know-that-the-quantity-of-money-rises/) [Kenneth Fisher](https://sms4smile.com/quotes/author/kenneth-fisher/) > [A banking system is an act of faith: it survives only for as long as people believe it will.](https://sms4smile.com/quotes/michael-lewis/a-banking-system-is-an-act-of-faith-it-survives-only-for-as-long-as/) [Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/) > [For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow…](https://sms4smile.com/quotes/janet-yellen/for-my-own-part-i-did-not-see-and-did-not-appreciate-what-the-risks/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Until part of your paycheck is regularly paid in Bitcoin, I'm not sure how it would really go mainstream. I can imagine places in…](https://sms4smile.com/quotes/gavin-andresen/until-part-of-your-paycheck-is-regularly-paid-in-bitcoin-i-m-not-sure/) [Gavin Andresen](https://sms4smile.com/quotes/author/gavin-andresen/) > [Italy spills over to everything. Italy is a huge banking system. It has been the major banking system in Eastern Europe. It's worked with…](https://sms4smile.com/quotes/george-friedman/italy-spills-over-to-everything-italy-is-a-huge-banking-system-it-has/) [George Friedman](https://sms4smile.com/quotes/author/george-friedman/) > [In Africa it's difficult to carry the money, it's difficult to have a banking system with tellers, with distribution of cash. So they are…](https://sms4smile.com/quotes/maurice-levy/in-africa-it-s-difficult-to-carry-the-money-it-s-difficult-to-have-a/) [Maurice Levy](https://sms4smile.com/quotes/author/maurice-levy/) > [ Is this complicated, risky \[banking\] system the best we can have? ](https://sms4smile.com/quotes/anat-r-admati/is-this-complicated-risky-banking-system-the-best-we-can-have/) [Anat R. Admati](https://sms4smile.com/quotes/author/anat-r-admati/) > [The smaller man approaching our modern banking system, which controls all issue of credit and therefore pretty well all our industrial and commercial activities,…](https://sms4smile.com/quotes/hilaire-belloc/the-smaller-man-approaching-our-modern-banking-system-which-controls/) [Hilaire Belloc](https://sms4smile.com/quotes/author/hilaire-belloc/) > [I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money,…](https://sms4smile.com/quotes/margaret-drabble/i-confidently-predict-the-collapse-of-capitalism-and-the-beginning-of/) [Margaret Drabble](https://sms4smile.com/quotes/author/margaret-drabble/) > [“Pick a leader who will keep jobs in your country by offering companies incentives to hire only within their borders, not one who allows…](https://sms4smile.com/quotes/suzy-kassem/pick-a-leader-who-will-keep-jobs-in-your-country-by-offering/) [Suzy Kassem](https://sms4smile.com/quotes/author/suzy-kassem/) > [ This crisis started probably due to the freedom they gave to the banks. First President \[Ronald\] Reagan and then President \[Bill\] Clinton. So, for… ](https://sms4smile.com/quotes/costa-gavras/this-crisis-started-probably-due-to-the-freedom-they-gave-to-the/) [Costa-Gavras](https://sms4smile.com/quotes/author/costa-gavras/) > [I lost my club through a series of circumstances and bad luck. The whole banking system collapsing and my foolish bravery didn't help.](https://sms4smile.com/quotes/simon-jordan/i-lost-my-club-through-a-series-of-circumstances-and-bad-luck-the/) [Simon Jordan](https://sms4smile.com/quotes/author/simon-jordan/) > [The peculiar essence of our banking system is an unprecedented trust between man and man. And when that trust is much weakened by hidden…](https://sms4smile.com/quotes/walter-bagehot/the-peculiar-essence-of-our-banking-system-is-an-unprecedented-trust/) [Walter Bagehot](https://sms4smile.com/quotes/author/walter-bagehot/) [Browse all 115 Banking system quotes ](https://sms4smile.com/quotes/about/banking-system/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. 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