A constant stream of 'free' money is a perfect way to keep an inefficient or simply bad government in power. As aid flows in, there is nothing more for the government to do - it doesn't need to raise taxes, and as long as it pays the army, it doesn't have to take account of its disgruntled citizens.
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"A constant stream of 'free' money is a perfect way to keep an inefficient or simply bad government in power. As aid flows in, there is nothing more for the government to do - it doesn't need to raise taxes, and as long as it pays the army, it doesn't have to take account of its disgruntled citizens." — Dambisa Moyo #moneywealth #politicsgovernment
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A constant stream of 'free' money is a perfect way to keep an inefficient or simply bad govern…
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A constant stream of 'free' money is a perfect way to keep an inefficient or simply bad government in power. As aid flows in, there is nothing more for the government to do - it doesn't need to raise taxes, and as long as it pays the army, it doesn't have to take account of its disgruntled citizens. — Dambisa Moyo
About Dambisa Moyo
Dambisa Moyo was a Economist from Zambia (1969–present).
Frequently Asked Questions
Who said "A constant stream of 'free' money is a perfect way to keep an inefficient or si…"?
This quote is attributed to Dambisa Moyo, a Economist from Zambia.
When did Dambisa Moyo live?
Dambisa Moyo lived from 1969 – present.
What is this quote about?
This quote touches on Money & Wealth, Politics & Government. Browse more quotes on these themes from the categories page.