Hi All,
This posting is a video from Milton Friedmans 1980′s PBS Series “Free To Choose”. Its an excellent explanation of the root causes of inflation, its effects on your income and what can be done to combat it. At 58 minutes, the video is somewhat lengthy. So you might want to play it in your background browser.
Regardless, if you’re interested in understanding personal finance, you should probably develop at least a rudimentary understanding of how inflation works – so please do watch the video.
Best,
James
DINKS (Dual Income No Kids) Finance is a blog discussing personal finance for couples. While by no means financial experts, we own a variety of assets including real estate and stocks. We've both been up to our eyeballs in debt and have made tons of financial mistakes. However, we've both successfully retired that debt and we both do learn from our failings. We hope that our voice in this blog can help others in achieving their goals!
