How to Cure Inflation
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.
- Overview
- Cast
- Crew
How to Cure Inflation
- Overview
- Cast
- Crew
Status
Released
Release Date
Mar 7, 1980
Runtime
0h 58m
Genres
Documentary
Original Title
How to Cure Inflation
Director
David Filkin
Description
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.
