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How to Cure Inflation (1980)

Directed by David Filkin

Overview

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.

Rated NR | Length 58 minutes

Actors

Richard Nixon | Milton Friedman | James Callaghan | Robert McKenzie | Clarence J. Brown | William McChesney Martin | Beryl W. Sprinkel | Otmar Emminger | Robert Crawford