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Milton Friedman Quotes: Germany's problem, in part, is that it went into the euro at the wrong exchange rate that overvalued the deutsche mark.
         

Germany's problem, in part, is that it went into the euro at the wrong exchange rate that overvalued the deutsche mark.


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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The monkey body has carried us to this moment of release, but we are coming more and more to exist in a world made by the human imagination.

The monkey body has carried us to this moment of release, but we are coming more and more to exist in a world made by the human imagination.



It is said that man is wolf to man. I find this very unfair to wolves.

It is said that man is wolf to man. I find this very unfair to wolves.



If I can learn to understand this language without words, I can learn to understand the world.

If I can learn to understand this language without words, I can learn to understand the world.



The biggest challenge to being an actor is when you're not working, just being unemployed, the downtime and not having anything to do.

The biggest challenge to being an actor is when you're not working, just being unemployed, the downtime and not having anything to do.



There's a great temptation to clean everything up and make everything more perfect. You have to know when to stop and stop doing it, or you might end up with something that sounds metronomic.

There's a great temptation to clean everything up and make everything more perfect. You have to know when to stop and stop doing it, or you might end up with something that sounds metronomic.



Speaking is a beautiful folly; with that man dances over all things.

Speaking is a beautiful folly; with that man dances over all things.



I don't really think about my work in terms of whatever money it makes. That's just a bonus. I'm just going to do the work anyway, so whatever comes back is good with me.

I don't really think about my work in terms of whatever money it makes. That's just a bonus. I'm just going to do the work anyway, so whatever comes back is good with me.



I've been into the habit of freezing white grapes and using them as a snack. Instead of eating peanuts or popcorn or something like that or pretzels, I just eat the white grapes.

I've been into the habit of freezing white grapes and using them as a snack. Instead of eating peanuts or popcorn or something like that or pretzels, I just eat the white grapes.



I'd walk through hell in a gasoline suit to play baseball.

I'd walk through hell in a gasoline suit to play baseball.



Life, for all its agonies...is exciting and beautiful, amusing and artful and endearing...and whatever is to come after it -- we shall not have this life again.

Life, for all its agonies...is exciting and beautiful, amusing and artful and endearing...and whatever is to come after it -- we shall not have this life again.




Quote Description


This page presents the quote "Germany's problem, in part, is that it went into the euro at the wrong exchange rate that overvalued the deutsche mark.". Author of this quote is Milton Friedman. This quote is about problem, rate, euro, germany, mark,.