Speculators May Do No Harm As Bubbles On A Steady Stream Of Enterprise. But The Position Is Serious When Enterprise Becomes A Bubble On A Whirlpool Of Speculation. When The Capital Development Of A Country Becomes A By-product Of The Activities Of A Casino, The Job Is Likely To Be Ill Done.
Please Wait....
Translating....
Translating....
Speculators May Do No Harm As Bubbles
John Maynard Keynes
Speculators May Do No Harm As Bubbles On A Steady Stream Of Enterprise. But The Position Is Serious When Enterprise Becomes A Bubble On A Whirlpool Of Speculation. When The Capital Development Of A Country Becomes A By-product Of The Activities Of A Casino, The Job Is Likely To Be Ill Done.
Views: 4
