4 Milton Friedman Quotes on Growth

Milton Friedman quotes on growth

1. Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. ... A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth. It will not produce perfect stability; it will not produce heaven on earth; but it can make an important contribution to a stable economic society.

24. If a tax cut increases government revenues, you haven't cut taxes enough.

40. We don't have a desperate need to grow. We have a desperate desire to grow.

45. Everywhere, and at all times, economic progress has meant far more to the poor than to the rich.