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Biden’s experts might rediscover that it is difficult to control or stop inflation once it begins. And Milton Friedman will have his revenge.
QUESTION: I thought you were going to say that the big crisis that started turning people around was the inflation and the stagflation of the 1970s, that's where we hit a wall. MILTON FRIEDMAN ...
Milton Friedman, the Nobel Prize-winning economist known for his groundbreaking work on monetary policy and free-market principles, would argue that inflation has a similar effect. “Inflation is ...
Main Street: "Inflation is just like alcoholism," said economist Milton Friedman. "In both cases...the good effects come first, the bad effects only come later." Could there be a lesson here for ...