Lex Fridman Podcast
#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom
Jennifer Burns
One of the core policy proposals of monetarism is let's grow the money supply at a steady rate. And in the beginning, Friedman just says K percent. He doesn't even put a number on it because he says the number doesn't matter. What matters is the steadiness in the growth rate, because if it's a steady growth rate, it will fade away.
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