Milton Friedman

“Consumers don't produce inflation. Producers don't produce inflation. Inflation is produced only by too much government spending and too much government creation of money, and nothing else.” https://x.com/DrEliDavid/status/1993097710082441654

Inflation

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Ronald Reagan awarding Milton Friedman the Presidential Medal of Freedom in 1988 - https://x.com/MiltonFriedmanW/status/2000948148123132329

1. “Teacher, scholar, and theorist—Milton Friedman restored common sense to the world of economics.”
2. “A winner of the Nobel Prize, Milton Friedman’s technical mastery of his profession is unchallenged. But more central to his work is its moral component: an idea of human freedom in which man’s economic rights are as vital as his civil and human rights.”
3. “It is for his celebration of the human spirit as well as the brilliance of his mind that I bestow upon Milton Friedman the Presidential Medal of Freedom.”