Note to Self: John Maynard Keynes Was a Quantitative Easing Skeptic

John Maynard Keynes (1936): The General Theory of Employment, Interest and Money by John Maynard Keynes: “A moderate increase in the quantity of money…

…may exert an inadequate influence over the long-term rate of interest [to restore full employment], whilst an immoderate increase may offset its other advantages by its disturbing effect on confidence…