Milton Friedman on Other People’s Money

In today’s business world and economy, money has everyone’s full attention now. Things such as the rising cost of health care as well as congressional spending that has spiraled out of control have many of us worried about inflation, our bank accounts and whether or not we will even have a job tomorrow. In the following video clip, famed economist, Milton Friedman, discusses other people’s money as it pertains to the United States economy: