Milton Friedman: Perfectly Worthless Paper

Posted by admin on Monday, November 30, 2015

Milton Friedman Money Quotation saying The Federal Reserve puts ink to paper in a valueless way, as only government could. Milton Friedman said:
 
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless Quote
 

“Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless” — Milton Friedman

 

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