Planet Money Summer School cover image

Macroeconomics 4: Inflation & Drinking Buddies

Planet Money Summer School

CHAPTER

The Best Person to Talk to on Inflation

By the 19 eighties, inflation was the number one political issue in Brazil. President sarney's solution to inflation was simple: Make that illegal. The main problem with this plan is you can't just freeze prices and not deal with the underlying problem of money creation. Enter our heroes, those four economists who basically entered the picture at the beginning because they knew nothing about economics.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner