Milton Friedman Speaks: Money and Inflation (B1230) - Full Video
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Milton Friedman Speaks: Money and Inflation (B1230) - Full Video
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 ...
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