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Milton Friedman Quotes: Rapid increases in the quantity of money produce inflation. Sharp decreases produce depression.
         

Rapid increases in the quantity of money produce inflation. Sharp decreases produce depression.


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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Away from the safety of your home, the universe was not made for your convenience.

Away from the safety of your home, the universe was not made for your convenience.




I—I don’t drink, ” said Shina. The Captain clicked her tongue. “Well, I don’t know your life, ” she said, “but that might be part of your greater overall problem.

I—I don’t drink, ” said Shina. The Captain clicked her tongue. “Well, I don’t know your life, ” she said, “but that might be part of your greater overall problem.



You have to look at history as an evolution of society.

You have to look at history as an evolution of society.



This enemy of peace in the world today is unlike any we have seen in the past, and our military is learning from, and building on, previous successes while carrying peace and freedom into the future.

This enemy of peace in the world today is unlike any we have seen in the past, and our military is learning from, and building on, previous successes while carrying peace and freedom into the future.



It is our duty to love the unloved, help the helpless, and bring hope to the hopeless

It is our duty to love the unloved, help the helpless, and bring hope to the hopeless



Why be afraid of what people will say? Those who care about you will say, Good luck! and those who care only about themselves will never say anything worth listening to anyway.

Why be afraid of what people will say? Those who care about you will say, Good luck! and those who care only about themselves will never say anything worth listening to anyway.



I'm beautiful in my way 'cause God makes no mistakes. I'm on the right track baby, I was born this way.

I'm beautiful in my way 'cause God makes no mistakes. I'm on the right track baby, I was born this way.



Do not analyze things to death. Sometimes the best strategy is, "Ready, fire, aim." Do it first , then make adjustments. The answer lies in action-not in words.

Do not analyze things to death. Sometimes the best strategy is, "Ready, fire, aim." Do it first , then make adjustments. The answer lies in action-not in words.



If you offer me a job sitting in a Winnebago with make-up girls and free food, I'm probably going to take it.

If you offer me a job sitting in a Winnebago with make-up girls and free food, I'm probably going to take it.




Quote Description


This page presents the quote "Rapid increases in the quantity of money produce inflation. Sharp decreases produce depression.". Author of this quote is Milton Friedman. This quote is about money, rapids, inflation, depression, increase, quantity, produce,.