Quotation by

Milton Friedman

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

Good

Understanding this quote AI Analysis

Milton Friedman is saying that government-issued money, despite being made from quality materials like paper and ink, loses its value because of government control. He implies that the government's role in creating currency can cause it to become worthless, unlike the physical materials themselves.

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The only thing necessary for the triumph of evil is for good men to do nothing.

It is very important to generate a good attitude, a good heart, as much as possible. From this, happiness in both the short term and the long term for both yourself and others will come.

If people are good only because they fear punishment, and hope for reward, then we are a sorry lot indeed.

Despite everything, I believe that people are really good at heart.

When I do good, I feel good. When I do bad, I feel bad. That's my religion.

We will have to repent in this generation not merely for the vitriolic words and actions of the bad people, but for the appalling silence of the good people.