Wednesday, February 4, 2009

John Maynard Keynes: One for Two

John Maynard Keynes is noted for pithy observations, two of his most famous are:

1. "In the long run, we are all dead."


2. "In truth, the gold standard is already a barbarous relic."

He got number 1 correct, he is dead.

As for number two, gold is not only not a barbarous relic, but they ran an ad during the Super Bowl trying to buy some from you.

Gold: The ultimate standard for wealth preservation by the world's savvy.

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