Milton Friedman on Inflation: A Government-Made Disaster

Publikováno: 17.8.2024

#Learning - Insights #economic instability #economic theory #Free Market #government policy #Hyperinflation #inflation #Milton Friedman #Monetary Policy #Price Controls #shortages

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Milton Friedman on Inflation: A Government-Made Disaster

Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said: ‘Inflation Is Made by Government and No One Else’ Milton Friedman, a leading figure in economics, repeatedly emphasized that inflation […]