“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output... A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth. It will not produce perfect stability; it will not produce heaven on earth; but it can make an important contribution to a stable economic society.” LittlesImportantCountryEarthHeavenGrowthPerfectLevelsEconomicProduceIncreaseRateContributionPhenomenonStabilitySteadyQuantityStableInflationModeratesRapidsFrameworkMonetaryOutputHeaven On EarthImportant Contributions Author:Milton Friedman
“Watch out for negative power places on the earth, if you can "see" they are reddish and they twist your feelings. They don't vibrate at a rate conducive to humanity.” IfsFeelingsEarthHumanityWatchesBuddhismNegativeRateTwistsVibrate Author:Frederick Lenz