Documentary
58 minutes
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.
More informationexpand_more
Show crew
keyboard_double_arrow_down
Cast
Show more expand_more
keyboard_double_arrow_down