The process by which banks create money is so simple that the mind is repelled. John Kenneth Galbraith Quotes
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The process by which banks create money is so simple that the mind is repelled.

John Kenneth Galbraith

John Kenneth "Ken" Galbraith (October 15, 1908 – April 29, 2006) was a Canadian-born economist, public official, and diplomat, and a leading proponent of 20th-century American liberalism. His books on economic topics were bestsellers from the 1950s through the 2000s, during which time Galbraith fulfilled the role of public intellectual. 

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Latest from John Kenneth Galbraith

Nothing is so admirable in politics as a short memory.
Faced with the choice between changing one's mind and proving that there is no need to do so almost
War remains the decisive human failure.
The conventional view serves to protect us from the painful job of thinking.

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