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How to Cure Inflation
- 1980 ----- color ----- 58 min ----- 16mm
- (Free to Choose series, Part 9) Milton Friedman is a monetarist. Monetarists are those who believe that change in the amount of money in existence is a major cause of changes in the economy--both the ups, as in inflation, and the downs, as in recession and periods of unemployment. A stable money supply means a stable economy. Friedman feels that the growth of population and the world economy means that over the long term the money supply should increase. If this increase is at a steady but relatively low rate, both runaway inflation and severe recession or depression can be avoided. (Includes discussion)
- Topics: (Business Administration, Business Finance, Economics)
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