Posts Tagged ‘milton friedman’
Milton Friedman: Inflation Taxation
on Thursday, December 10, 2020Milton Friedman Money Quote saying inflation is the only government gain without needing to legislate it. Milton Friedman said:
“Inflation is taxation without legislation” — Milton Friedman
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Milton Friedman: Scarcity in Plenty
on Saturday, September 5, 2020Milton Friedman Money Quote saying the biggest problem is lack when there is excess and people are idle when they need work. Milton Friedman said:
“My major problem with the world is a problem of scarcity in the midst of plenty … of people starving while there are unused resources … people having skills which are not being used” — Milton Friedman
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Milton Friedman: Scarcity in Midst of Plenty
on Sunday, September 16, 2018Milton Friedman Money Quote saying he could not abide by the conflicting existence of poverty when there is wealth everywhere surrounding us. Milton Friedman said:
“My major problem with the world is a problem of scarcity in the midst of plenty … of people starving while there are unused resources … people having skills which are not being used” — Milton Friedman
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Milton Friedman: Spending National Income
on Friday, June 24, 2016Milton Friedman Money Quote saying government spending is not accountable because few care how much is spent once allocated. Milton Friedman said:
“If I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government. And that’s close to 40% of our national income” — Milton Friedman
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Milton Friedman: Cutting Taxes Any Excuse
on Thursday, June 23, 2016Milton Friedman Money Quote saying no matter the reason, taxes should be reduced because the problem is never taxes, but expenditures. Milton Friedman said:
“I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible … because I believe the big problem is not taxes, the big problem is spending” — Milton Friedman
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Milton Friedman: Taxes Someone Else Pays
on Friday, April 1, 2016Milton Friedman Money Quote saying congress can only increase taxes when a minority believes it will affect them personally. Milton Friedman said:
“Congress can raise taxes because it can persuade a sizable fraction of the populace that somebody else will pay” — Milton Friedman
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Milton Friedman: Internet Taxes Difficult
on Thursday, March 31, 2016Milton Friedman Money Quote saying collection of internet related income and expense will make taxes more complex for government. Milton Friedman said:
“The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes” — Milton Friedman
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Milton Friedman: Perfectly Worthless Paper
on Monday, November 30, 2015Milton 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” — Milton Friedman
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