Milton Friedman on Covid Support | Jennifer Burns

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Economist Milton Friedman would likely support Covid financial assistance, but his beliefs would suggest only two rounds of support, unlike the four provided by the Federal Reserve. Find out more the related video about Friedman and his life in Jennifer Burns's new book 'Milton Friedman The Last Conservative'.
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If she thinks Friedman would have supported that fiasco, she herself must have been dropped from a helicopter.

VRYGD
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He would never have supported it! Never

coletrain
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I can almost see it, prof Friedman rolling in is grave....

LuisCarlos-zvwi
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Complete b.s. Friedman NEVER would have supported such an expansion of money supply. He would have supported people making their own rational economic decisions about shutting down the economy in the first place.

biscaynediver
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Where and how did you come to that conclusion? From this short clip and and your brief erroneous statement regarding Mr Friedman’s response to the Great Depression I find it dubious at absolute best that he would support government funding for coronavirus.

To quote Milton Friedman,
“That is an assertion, it is a statement that is made, but it is far from fact”

garrettmeyer
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No way. His idea of government intervention during the depression was that the Fed failed in the only thing the Fed was supposed to do. If a government type organization only has one job and doesn’t do it. Well, I doubt Friedman would say that we should let the government run things even more.

GreggSadler
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You hear that banging? Friedman just went ballistic.

ecpnothnagel
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Friedman was very critical of government intervention in the great depression. He criticized the government for letting the money supply fall by 1/3. He doesnt think inflation is good.

bane
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Glad to see I wasn’t the only one skeptical of the things being said in this video if there is one thing I’ve learnt from Friedman it’s that in economic crises he’d much prefer the government to let things be and have the free market fix itself

schwarzmann
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It's reminds me of race hustlers like Sharpton who tell us what MLK really meant.

firstlovesongs
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I genuinely thought this was a comedy skit at first. It's even funnier knowing it's not.

tom
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She has no idea what she's talking about

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