When Are We Going to See the Next Major Inflation
Governments want to spend money without taxing it, and the only way to do it, according to Milton Friedman, is by printing money, which causes inflation.
Sooner or later the government will want more money, and in a world where people don't except a major inflation, is exactly the place where you can successfully have one.
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On this episode
- What Causes Inflation Transcript
- How Is Interest Rate Used to Control the Value of Money Transcript
- When Did the Central Banks Start to Control Growth via Inflation-targeting Transcript
- When Are We Going to See the Next Major Inflation Transcript
Related notes
- When Did the Central Banks Start to Control Growth via Inflation-targeting
- How Is Interest Rate Used to Control the Value of Money