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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.

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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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