Quote by Milton Friedman
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
Summary
This quote highlights a cynical perspective on government's ability to undermine the value of resources. It suggests that even with the potential to utilize good quality materials (paper and ink), governmental actions and policies can render them worthless. It implies a criticism of governmental inefficiency, bureaucracy, excessive regulations, or mismanagement that can compromise the potential value or effectiveness of resources. It conveys a sentiment that governments have the potential to squander or waste valuable assets instead of using them productively.
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