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Milton Friedman Quotes: To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.
         

To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.


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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We live in a strange world where people don’t try to know who we are, rather they go by, what they think we are!

We live in a strange world where people don’t try to know who we are, rather they go by, what they think we are!



With the goodness of God to desire our highest welfare, the wisdom of God to plan it, and the power of God to achieve it, what do we lack? Surely we are the most favored of all creatures.

With the goodness of God to desire our highest welfare, the wisdom of God to plan it, and the power of God to achieve it, what do we lack? Surely we are the most favored of all creatures.



I commend Sri Chinmoy for his faith and serenity, and I hope he will continue to exert his calming and constructive influence on the international community for many years to come.

I commend Sri Chinmoy for his faith and serenity, and I hope he will continue to exert his calming and constructive influence on the international community for many years to come.



At the start of any program, asking questions is the most important part of the process. If you get [the customer's] requirements wrong, then you don't have a successful product.

At the start of any program, asking questions is the most important part of the process. If you get [the customer's] requirements wrong, then you don't have a successful product.



There is unity in the oppression. There must be absolute unity and determination, in the response.

There is unity in the oppression. There must be absolute unity and determination, in the response.



Every script I've written and every series I've produced have expressed the things I most deeply believe.

Every script I've written and every series I've produced have expressed the things I most deeply believe.



If you want to see a rainbow you have to learn to see the rain.

If you want to see a rainbow you have to learn to see the rain.



I just never really thought there could be something worse than death.

I just never really thought there could be something worse than death.



Metal guys are huge nerds. A good percentage of them are either horror or sci-fi or comic book or fantasy nerds.

Metal guys are huge nerds. A good percentage of them are either horror or sci-fi or comic book or fantasy nerds.



I think that at the end of the day, when people understand the circumstances that led to the circumstances, they begin to sway their views.

I think that at the end of the day, when people understand the circumstances that led to the circumstances, they begin to sway their views.




Quote Description


This page presents the quote "To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.". Author of this quote is Milton Friedman. This quote is about unions, currency, states, independent, knowledge, monetary,.