Milton Friedman argues that inflation results when the rate of growth of money supply exceeds that of the production of goods and services. The cure is to slow the printing of money, causing short-term increases in unemployment and reductions in growth, but leading to long-term real growth. Suitable for middle and upper secondary and tertiary levels.
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Collection
In ACMI's collection
Credits
Collection metadata
ACMI Identifier
507255
Language
English
Subject categories
Documentary → Documentary films - United States
Economics, Philosophy, Politics, Religion & Sociology → Economics - Study and teaching
Economics, Philosophy, Politics, Religion & Sociology → Finance
Economics, Philosophy, Politics, Religion & Sociology → Financial management
Economics, Philosophy, Politics, Religion & Sociology → Inflation
Economics, Philosophy, Politics, Religion & Sociology → Money
Economics, Philosophy, Politics, Religion & Sociology → Money supply
Economics, Philosophy, Politics, Religion & Sociology → Production (Economic theory)
Economics, Philosophy, Politics, Religion & Sociology → Unemployment
Education, Instruction, Teaching & Schools → Economics - Study and teaching
Sound/audio
Sound
Colour
Colour
Holdings
VHS; Access Print (Section 1)
16mm film; Access Print (Section 1)