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The Ugly Truth About Inflation (And Why It’s Ruining Your Financial Life)

The Financial Confessions

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The Phillips Curve and Inflation

At the time, the prevailing economic theory was dominated by the work of John Maynard Keynes. When you see inflation, they're tying it back to ultimately unemployment as like the reasoning behind what is involved in inflation. But when we get to the mid 70s, it breaks and we have this like economic yeti that becomes known as stagflation. So this is where we get Milton Friedman. Have you heard of Milton Friedman before about chance?

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