“Trying to raise output by increasing the quantity of money is like trying to get fat by buying a larger belt." John Maynard Keynes

	Louis-Philippe Rochon ⁦‪@Lprochon‬⁩ pic.twitter.com/Z4GHykKW9x   2021/06/16 23:41

"Trying to raise output by increasing the quantity of money is like trying to get fat by buying a larger belt."

John Maynard Keynes

http://la.utexas.edu/users/hcleaver/368/368KeynesOpenLetFDRtable.pdf

John Maynard Keynes “An Open Letter to President Roosevelt” (1933)  18, Norham Gardens Oxford, England 16. xii. 33.  In response to the New York Times’ request for his views on the American outlook, Keynes has written “An Open Letter to President Roosevelt,” which is scheduled to appear in the Sunday issue of December 31st and is to be syndicated in other parts of the United States. 

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