Sign In
We'll never share your email with anyone else.
Reset Password

Enter your email address and we'll send you a link to reset your password.

Back to Sign In
Milton Friedman Speaks

Milton Friedman Speaks - Season 1 Episode 11 Money and Inflation (Lecture)

Inflation is blamed on many things. But it has only one cause: It is a monetary phenomenon. Inflation occurs when the quantity of money increases faster than the quantity of goods. Why does the money supply increase? Very often, it does so to enable the government to pay its bills without raising taxes. There’s only one real cure for inflation. It is a cure that’s easy to describe but difficult to apply: The government must reduce spending and print less money. The alternatives are both recession and double-digit inflation. Recorded at University of San Diego & San Diego Chamber of Commerce

Download List server

Similar Movies

Recomendation Movies