#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

8755.899 - 8782.324 Jennifer Burns

The only way to end inflation is by really showing and signaling that government policy has changed. And when you do that, it's very painful for a short amount of time. People will suffer. But then you will come out on the other side into stable prices. And this is what you need for economic prosperity. So the man who implements this policy, Paul Volcker, He's definitely influenced by Friedman.