How to Cure Inflation

Summary 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.

S1.E9 ∙ How to Cure Inflation

Directed : Unknown

Written : Unknown

Stars : Milton Friedman Robert McKenzie Thomas Sowell Peter Jay

8.8

Details

Genres : Documentary

Countries of origin : United States

Official sites : Official site

Language : English

Production companies : Video Arts TV Production Video Arts TV Production [us] in association with WQLN , Erie PA

Summary 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.

Details

Genres : Documentary

Countries of origin : United States

Official sites : Official site

Language : English

Production companies : Video Arts TV Production Video Arts TV Production [us] in association with WQLN , Erie PA

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