Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless. - Milton Friedman

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Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.

English
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About Milton Friedman

Milton Friedman (31 July 1912 – 16 November 2006) was an American economist noted for his support for free markets and a reduction in the size of government. In 1976 he was awarded a Nobel Prize in Economics.

Biography information from Wikiquote

Also Known As

Alternative Names: Milton Galbraith Friedman
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Additional quotes by Milton Friedman

Let us not underestimate the ingenuity of the poor people in converting what they get from the relief worker to what they want. And that’s just wasteful. They would be far better off if we just gave them the money and let them spend it.

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