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Uncommon Sense

Pithy sayings and brilliant observations

Fiat money

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

Author Greg RavenPosted on May 7, 2009November 1, 2018Format QuoteCategories moneyTags Milton Friedman

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“There can be no public or private virtue unless the foundation of action is the practice of truth.” — George Jacob Holyoake

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