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Podcast: PRay TeLL, Dr. Hash
Episode: 1382 Dollar Devaluation
Description: America alone has printed more money in the last few years than the world has ever seen, and that’s only part of the money-printing worldwide. Milton Friedman economists used to insist that printing money was the source of inflation, and hence devaluation of the dollar, but several decades of huge deficits and zero inflation proved them wrong, the value of the U.S. dollar stayed strong. On the other side are the Modern Monetary Theorists who insist the U.S. can print itself out of any financial problem, and for the most part they’re correct because money is imag...