top of page
Search

STAGflation: Medieval Edition

  • Mark Linzee Rudolph
  • Jan 23, 2018
  • 1 min read

stagflation Paul Volker economics satire 1980

Like medieval barbers, they "cured" inflation by killing businesses with tight money and high interest rates. Starring Milton Friedman and Fed Chair Paul Volcker.

Milton Friedman stupid funny economics satire dumb idea
Paul Volker 1980 high interest rates funny stagflation

economics myth dumb phillips curve medieval bloodletting funny

Comments

© 2018 Mark Rudolph

bottom of page