![]() ![]() It continues to use accessible and entertaining media to build popular support for personal, economic, and political freedom. And when the public at large recognizes that, they will then elect people to Congress, and a President to office who is committed to less government spending and to less government printing of money and until that happens we will not cure inflation. Free To ChooseNetwork is a global media 501(c)(3) nonprofit organization that brought you Milton Friedman’s original 1980 10-part television series, Free To Choose. ![]() The only choice this country faces, is whether we have temporary unemployment for a short period, as a side effect of curling inflation or whether we go into a period of still higher unemployment later on and have it to do all over again. That the only choices he has, do I go through a tough period for four or five years of relatively high unemployment, relatively low growth or do I try to push it off by taking some more of the hair of the dog that bit me and get around it now at the cost of still higher unemployment, as Clarence Brown said, later on. ![]() That once you get in this situation where the economy is sick of this insidious disease, there’s gonna be no miracle drug which will enable them to be well tomorrow. He must come to recognize that he doesn’t have any good choices. There is nothing which will destroy a society so thoroughly and so fully as letting inflation run riot. FRIEDMAN: I think that the man in the mirror has to come to recognize that inflation is the most destructive disease known to modern society. ![]()
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