The Metropolis and Modern Life (1903)
“Money is only important for what it will procure. Thus a change in the monetary unit, which is uniform in its operation and affects all transactions equally, has no consequences. If, by a change in the established standard of value, a man received and owned twice as much money as he did before in payment for all rights and for all efforts, and if he also paid out twice as much money for all acquisitions and for all satisfactions, he would be wholly unaffected.”
Essays in Persuasion (1931), Social Consequences of Changes in The Value of Money (1923)
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John Maynard Keynes 122
British economist 1883–1946Related quotes
"Nevertheless. Every little helps. The Brothers are sorely in need of it this weather."
Source: Novels, Lamb (1980), Ch.1 - p.12

Interview with Bruce Barton, "It Would Be Fun To Start Over Again," The American Magazine, April 1921

§ 39
Reflections on the Formation and Distribution of Wealth (1766)

Source: Currency and Credit (1919), Chapter II, "Metallic Money", p. 20 (2nd ed. 1921)
Context: The use of money does not disestablish the normal process of creating credit. Money, it is true, is always being paid into the banks by the retailers and others who receive it in the course of business, and they of course receive bank credits in return for the money thus deposited. But for the manufacturers and others who have to pay money out, credits are still created by the exchange of obligations, the banker's immediate obligation being given to his customer in exchange for the customer's obligation to repay at a future date. We shall still describe this dual operation as the creation of credit. By its means the banker creates the means of payment out of nothing, whereas when he receives a bag of money from his customer, one means of payment, a bank credit, is merely substituted for another, an equal amount of cash.

1910s, The New Nationalism (1910)
Context: If our political institutions were perfect, they would absolutely prevent the political domination of money in any part of our affairs. We need to make our political representatives more quickly and sensitively responsive to the people whose servants they are. More direct action by the people in their own affairs under proper safeguards is vitally necessary. The direct primary is a step in this direction, if it is associated with a corrupt-services act effective to prevent the advantage of the man willing recklessly and unscrupulously to spend money over his more honest competitor. It is particularly important that all moneys received or expended for campaign purposes should be publicly accounted for, not only after election, but before election as well. Political action must be made simpler, easier, and freer from confusion for every citizen. I believe that the prompt removal of unfaithful or incompetent public servants should be made easy and sure in whatever way experience shall show to be most expedient in any given class of cases.
Herbert N. Casson cited in: Forbes magazine (1950) The Forbes scrapbook of Thoughts on the business of life. p. 302
1950s and later
“Money won is twice as sweet as money earned.”
Quoted in "Paul Newman: A Life in Pictures" - Page 110 - by Yann-Brice Dherbier, Pierre-Henri Verlhac - 2006

Source: Wars I Have Seen (1945), p. 27