Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said: ‘Inflation Is Made by Government and No One Else’ Milton Friedman, a leading figure in economics, repeatedly emphasized that inflation […]
Nearly two decades before the Bitcoin network revolutionized the digital world, Nobel Laureate Milton Friedman foresaw the emergence of digital currencies. His prediction of an electronic currency facilitating anonymous transactions has become a cornerstone in understanding the evolution of digital finance. Ahead of His Time: How Milton Friedman Envisioned Bitcoin Before the conceptualization of Satoshi […]