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.
This is Volume 9 of 10 - Watch the Entire ‘Free to Choose’ Series
This is a 10-part series, volumes 1-5 were updated in 1990. Both versions are available online. Please watch all these important videos.
“I don’t think it’s an exaggeration to call Milton Friedman’s Free to Choose a survival kit for you, for our nation, and for freedom. ” -Ronald Reagan
Free To Choose – 1990 Series
- Volume 1 – The Power of the Market
- Volume 2 – The Tyranny of Control
- Volume 3 – Freedom & Prosperity / The Failure of Socialism
- Volume 4 – What’s Wrong with Our Schools?
- Volume 5 – Created Equal
Free To Choose – 1980 Series
- Volume 1 – The Power of the Market
- Volume 2 – The Tyranny of Control
- Volume 3 – Anatomy of Crisis
- Volume 4 – From Cradle to Grave
- Volume 5 – Created Equal
- Volume 6 – What’s Wrong with our Schools
- Volume 7 – Who Protects the Consumer?
- Volume 8 – Who Protects the Worker
- Volume 9 – How to Cure Inflation
- Volume 10 – How to Stay Free
