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Quote from Milton Friedman,


"[U]nemployment is . . . a side effect of the cure for inflation."


By:

Milton Friedman (more quotes by Milton Friedman or books by/about Milton Friedman)


(1912-2006) Nobel Prize-winning economist, economic advisor to President Ronald Reagan, "ultimate guru of the free-market system"

Source:

"Inflation and Jobs" (Nov. 12, 1979)

Categories:

Economics, Inflation, Labor

Rating:

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