One of the commonest things ...

One of the commonest things to do with savings is to lend them to some Government. In view of the fact that the bulk of the public expenditure of most civilized Governments consists in payment for past wars or preparation for future wars, the man who lends his money to a Government is in the same position as the bad men in Shakespeare who hire murderers. The net result of the man\'s economical habits is to increase the armed forces of the State to which he lends his savings. Obviously it would be better if he spent the money, even if he spent it in drink or gambling.
One of the commonest things to do with savings is to lend them to some Government. In view of the fact that the bulk of the public expenditure of most civilized Governments consists in payment for past wars or preparation for future wars, the man who lends his money to a Government is in the same position as the bad men in Shakespeare who hire murderers. The net result of the man's economical habits is to increase the armed forces of the State to which he lends his savings. Obviously it would be better if he spent the money, even if he spent it in drink or gambling.

Quotes from the same author

Collective fear stimulates herd instinct, and tends to produce ferocity toward those who are not regarded as members of the herd.
We may say, in a broad way, that Greek philosophy down to Aristotle expresses the mentality appropriate to the City State; that Stoicism is appropriate to a cosmopolitan despotism; that stochastic philosophy is an intellectual expression of the Church as an organization; that philosophy since Descartes, or at any rate since Locke, tends to embody the prejudices of the commercial middle class; and that Marxism and Fascism are the philosophies appropriate to the modern industrial state.
To conquer fear is the beginning of wisdom.
The happiness that is genuinely satisfying is accompanied by the fullest exercise of our faculties and the fullest realization of the world in which we live.
Real life is, to most men, a long second best, a perpetual compromise between the ideal and the possible.