Part 1 : How Japan solved inflation in the 70s #Friedman #inflation #economics #japan #money
In 1973 Japanese housewives going to Market were faced with an unpleasant fact the cash in their purses seem to be losing its [Applause] value prices were starting to soar as the awful story of inflation began to unfold once again the Japanese government knew what to do what’s more they were prepared to do
When it was all over economists were able to record precisely what had happened