How to Cure Inflation

In "Friedman on Inflation", economist Milton Friedman embarks on a thorough examination of the complexities behind one of the most crucial issues in modern economics: inflation. He begins by explaining the fundamental relationship between the circulation of currency and the generation of new goods and services, emphasizing how an overabundance of money can dilute its value and consequently distort the economy.Friedman's compelling narrative delves into the motives of politicians who, intentionally or not, benefit from inflation to their advantage. The documentary also highlights the inefficacy of wage and price controls as a solution to this persistent problem. With insightful visits to Japan, the United States, and Britain, Friedman provides a comprehensive global perspective on inflation's impact and its far-reaching consequences for nations' economies.Throughout the film, Friedman's lucid explanations are supplemented by a wealth of data, making this educational yet engaging journey an illuminating exploration of one of economics' most pressing challenges.