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Milton Friedman Quotes: If you continue to use monetary policy to attempt to promote full employment the result would be that you would have higher inflation, and that you would not have lower unemployment.
         

If you continue to use monetary policy to attempt to promote full employment the result would be that you would have higher inflation, and that you would not have lower unemployment.


Milton Friedman
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Other quotes of Milton Friedman


A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.

A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.



If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.

If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.



Underlying most arguments against the free market is a lack of belief in freedom itself.

Underlying most arguments against the free market is a lack of belief in freedom itself.



You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.

You cannot be sure that you are right unless you understand the arguments against your views better than your opponents do.



The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.

The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.



I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.



The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.

The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.



Nothing is so permanent as a temporary government program.

Nothing is so permanent as a temporary government program.



You cannot simultaneously have free immigration and a welfare state.

You cannot simultaneously have free immigration and a welfare state.



The government solution to a problem is usually as bad as the problem.

The government solution to a problem is usually as bad as the problem.





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I am planting a tree in this bomb crater to remind us that in the midst of death, there is life... and hope.

I am planting a tree in this bomb crater to remind us that in the midst of death, there is life... and hope.





William Blake cursed the flesh for a clod, Yet of some of his sayings we Moderns have heard tell: 'The nakedness of woman is the work of God', Or that title--The Marriage of Heaven and Hell.

William Blake cursed the flesh for a clod, Yet of some of his sayings we Moderns have heard tell: 'The nakedness of woman is the work of God', Or that title--The Marriage of Heaven and Hell.



Justice is a commodity which in a more or less adulterated condition the State sells to the citizen as a reward for his allegiance, taxes and personal service.

Justice is a commodity which in a more or less adulterated condition the State sells to the citizen as a reward for his allegiance, taxes and personal service.



Laughter is the best medicine, y'know, besides medicine.

Laughter is the best medicine, y'know, besides medicine.



You never know when it is your last game or your last tournament.

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Upon consideration of the central question of the moon's toughness there can be little doubt. It is hella tough.

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I swayed into him, drawn to his obsessive and insatiable raw need for me, which reflected the depth of my need for him

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Quote Description


This page presents the quote "If you continue to use monetary policy to attempt to promote full employment the result would be that you would have higher inflation, and that you would not have lower unemployment.". Author of this quote is Milton Friedman. This quote is about use, inflation, monetary policy, employment, higher, unemployment, would be,.