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Poster for How to Cure Inflation (1980)

Watch How to Cure Inflation (1980) Online Free

0.0 Documentary EN 58 min
Inflation results when the amount of money printed or coined increases faster than the creation of new goods and services. Money is a "token" of the wealth of a nation. If more tokens are created than new wealth, it takes more tokens to buy the same goods. Friedman explains why politicians like inflation, and why wage and price controls are not solutions to the problem. Friedman visits Japan, U.S. and Britain.

Cast

Milton Friedman Robert McKenzie Clarence J. Brown William McChesney Martin Beryl W. Sprinkel
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