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Friedrich Hayek discusses Milton Friedman's Monetarism and monetary policy.
For more on Hayek's ideas on monetary policy see
Choice in Currency: A way to stop inflation
(for a concise summary) at
www.iea.org.uk/publications/re...
or see The Denationalisation
of Money for a more a more detailed proposal at
www.iea.org.uk/sites/default/f...
This is an excerpt from a longer interview which can be found here www.vimeo.com/4063439