Lex Fridman Podcast
#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom
Jennifer Burns
So he says, theoretically, you could end up in a situation where you have high inflation and high unemployment. This hasn't been seen, but he says, theoretically, this could happen. And then he goes and he says, and the government has started expanding the money supply, started expanding the money supply in 1966. So we're going to get a bunch of inflation.
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