How to Cure Inflation (1980)
ALL
03/07/1980 (en)
Documentary
58 Min
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Release03/07/1980
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Production
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Rotten tomato0%
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Original titleHow to Cure Inflation
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Original languageen
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Production Cost
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0.00-
Overview
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.
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