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Episode 154 – Free To Choose 1980 – How to Cure Inflation – Discussion (Podcast)

Free To Choose Media Podcast

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The Only Choice This Country Faces

The only choice this country faces is whether we have temporary unemployment for a short period as a side effect of curing inflation, or whether we go into a period of still higher unemployment later on and have it to do all over again. I think it is important that at the time you are trying to get inflation out of the economy, that you also give the man in the street,. the common man the opportunity to have a litle bit more of his own resources to spend. And if you can reduce his taxes at that time, and then reduce ment in that process, you give him er his money to spend, rather than having him yield up all that money to government. Don't you think

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