"Keynes used the opportunity to protest against the return to gold in any form, though unfortunately it was done in the return at the former parity, and Keynes was convinced by that stage, perhaps as a fact correctly, that with strength British trade unions had achieved, you could no longer hope to maintain aggregate demand at a constant value of money and he hoped that by a gradual and slow decrease in the value of money, you could overcome the resistance of rigid wages."
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in 1985 interview with John O'Sullivan (see from 30:55)
https://en.wikiquote.org/wiki/John_Maynard_Keynes_and_Friedrich_Hayek
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John Maynard Keynes and Friedrich Hayek
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