2min chapter

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

Free To Choose Media Podcast

CHAPTER

The Germans Are More Fearful of a Return to Inflation

Every recession has had higher basic unemployment rates than the previous recession. And every inflation has had higher inflation. We've got to get that tilt out of the society. Once you are in it takes a long time to get out of it. That is what i am preaching now, that we should avoid at all costs to get again into this vicious circle,. It took us also four years to get out from eight % inflation. Four years to get down to three%. To years? Ile, yes.

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