An Introduction to Milton Friedman's The Role of Monetary Policy- A Macat Economics Analysis

Level: leicht
Macat, 2015

Perspektive: Österreichische Schule
Thema: Sonstiges
Format: Kurzfilm, Dauer: 00:03:10
Link: https://www.youtube.com/watch?v=kcqdKv7dbG4

The video gives a short insight into Milton Friedman's article „The Role of Monetary Policy“ (1968) stating that monetary policy does not have long-term effects on growth and employment but rather lead to higher inflation due to adapting expectations.