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MILTON FRIEDMAN: INFLATION IS JUST LIKE ALCOHOLISM “In both cases, when you start drinking or when you start printing too much money, the good effects come first, the bad effects only come later. That's why, in both cases, there's a strong temptation to overdo it, to drink too much,... show more
150,919 Aufrufe • vor 1 Jahr •via X (Twitter)
11 Kommentare

🌂 💼 (@jlpmedeiros) is a very insightful analyst and I agree with him!

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The only real solution: Abolish the Federal Reserve and prohibit government or quasi-governmental involvement in banking, currency, and interest rates at all levels of government. Separation of Money and State

I admire Milton Friedman (no relations). One of the best economists. Thomas Sowell is another.

Friedman was ahead of his time. Elon knows it too.

Great analogy. Completely relatable.

Friedman’s insights are incredibly valuable and still highly relevant today.

Everyone knows that, but it is the rich who benefit from it. Money flows up and only trickles down. So why should they stop it?

So Trump may not drink alcohol, but he sure has a problem with spending and debt addiction. 🥃

I love Uncle Milty.

Sums it up perfectly 👌
