description About
Inflation is blamed on many things. But it has only one cause: It is a monetary phenomenon. Inflation occurs when the quantity of money increases faster than the quantity of goods. Why does the money supply increase? Very often, it does so to enable the government to pay its bills without raising taxes. There’s only one real cure for inflation. It is a cure that’s easy to describe but difficult to apply: The government must reduce spending and print less money. The alternatives are both recession and double-digit inflation. Recorded at University of San Diego & San Diego Chamber of Commerce
Info
- verified Status: Returning Series
- person By: Milton Friedman
- calendar_month Release Date: 1978-02-05
- video_camera_front Companies Free To Choose Enterprise
- tag Season: Season 1
- timer Episode Runtime: Mins
- star Rating: 0 / 10
- visibilityViews: 2 views
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