Episode 153 – Free To Choose 1980 – How to Cure Inflation (Podcast)

from Free To Choose Media Podcast · host Free To Choose Media

Inflation results when the amount of money printed increases faster than the creation of new goods and services. Money is a ”token” of the wealth of a nation. If more tokens than new wealth are created, it takes more tokens to buy the same goods. Milton Friedman explains why politicians like inflation, and why wage and price controls are not solutions to the problem. Today’s podcast is “How to Cure Inflation.”

Episode metadata supplied by the publisher feed · Published Dec 9, 2021

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