A private enterprise system needs some measuring rod, it...

A private enterprise system needs some measuring rod, it needs something, it needs money to make its transactions. You can't run a big complicated system through barter, through converting one commodity into another. You need a monetary system to operate. And the instability in that monetary system is devastating to the performance of the economy.

Milton Friedman Quote About Running, Needs, Complicated: A Private Enterprise System Needs...

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