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Milton Friedman Quotes: Inflation is a monetary phenomenon. It is made by or stopped by the central bank.
         

Inflation is a monetary phenomenon. It is made by or stopped by the central bank.


Milton Friedman
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"Milton Friedman Quotes." Quoteslyfe.com, 2024. Mon. 29 Apr. 2024. <https://www.quoteslyfe.com/quote/Inflation-is-a-monetary-phenomenon-It-is-899764>.





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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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On the occasion of Mahatma Gandhi's birthday, I salute every individual who honors the core values of his legacy, making him proud of humanity.

On the occasion of Mahatma Gandhi's birthday, I salute every individual who honors the core values of his legacy, making him proud of humanity.



I try to make sure that, when I'm writing, I don't put too much Cody in it. But I don't want to lose it either.

I try to make sure that, when I'm writing, I don't put too much Cody in it. But I don't want to lose it either.



Teachers need to be comfortable talking about feelings.

Teachers need to be comfortable talking about feelings.



The peculiar fascination of the brain lies in the fact that there is probably no other object of scientific enquiry about which we know at once so much and yet understand so little.

The peculiar fascination of the brain lies in the fact that there is probably no other object of scientific enquiry about which we know at once so much and yet understand so little.



To permit surveillance to take root on the Internet would mean subjecting virtually all forms of human interaction, planning, and even thought itself to comprehensive state examination.

To permit surveillance to take root on the Internet would mean subjecting virtually all forms of human interaction, planning, and even thought itself to comprehensive state examination.



To justify and extol human greed and egotism is to my mind not only immoral, but evil.

To justify and extol human greed and egotism is to my mind not only immoral, but evil.



Bin Laden-ism, I don't think, is dead yet. And I think there's a long way to go before we can legitimately say that, you know, it is no longer in our midst.

Bin Laden-ism, I don't think, is dead yet. And I think there's a long way to go before we can legitimately say that, you know, it is no longer in our midst.



I am also a painter. I paint the hearts of people with colors of spirituality.

I am also a painter. I paint the hearts of people with colors of spirituality.



The passages of Shakespeare that we most prize were never quoted until within this century.

The passages of Shakespeare that we most prize were never quoted until within this century.



there is still an overwhelming social compulsion-an insanity of consensus, if you will-to get rich from life rather than live richly, to “do well” in the world instead of living well.

there is still an overwhelming social compulsion-an insanity of consensus, if you will-to get rich from life rather than live richly, to “do well” in the world instead of living well.




Quote Description


This page presents the quote "Inflation is a monetary phenomenon. It is made by or stopped by the central bank.". Author of this quote is Milton Friedman. This quote is about phenomenon, inflation, monetary, made,.