It doesn't make sense. Why is the guy saving for retirement upset that the banker won't loan the money to his friend? He should be happy that his savings won't lose value. Stupid, confusing, misleading video. Learn the basic business cycle.
I'm sorry but truly awful music..reminds me of 'How to look good naked' or some hideous variation...not a good platform for learning about a basic concept in the study of economics.
Too much of anything decreases its value. When the Federal Reserve Bank continues to print money it leads to the devaluation of the currency. As the dollar is worth less, businesses have to raise the prices of goods and services to make up for the dollar being worth less.
With monetary inflation prices of goods rise faster than wages. This is especially harmful when on a static and/or low wage, which poor people tend to have more than wealthier people.
let's not talk functions. we got no firm proof an increase in money supply results in as much inflation. M. Friedman said so, but there are other schools of thought and intelligent individuals that say otherwise.
the price of a goat was 1 gold coin 1400 years ago and still the same price today... because the currency itself(the gold) has its own value and valued by the whole world.. not like paper money.. worthless...
@velvetcasuat inflation is an increase in money supply in comparison to goods and services. It is a function of the amount of money in existence. Your video left out the part where banker jane makes the loan anyway due to deficit reserve lending and she basically gets to make money for literally nothing anyway. Deficit reserve lending is where the majority of our money is created anyway.
misleading, don't listen to this video..it's wrong...inflation is the increase in the supply of money NOT the intended by-product of rising prices of goods and services....
@turbobrain Inflation represents the value lost by money in comparison with all the products in an economy. If overall you buy less with the money then we have inflation . And can be caused by raising prices even without increase in money supply.
Ok let's say I go to the coffeeshop and bought a cup of coffee for $1. The next day, I go to starbucks and the cup of coffee cost $5, is that inflation?
@turbobrain no it isn't. Inflation is a rise in the general price level within the economy. Economists disagree about whether increasing the money supply raises inflation, although if it did it would be indirectly through increasing consumption and therefore leading to demand pull inflation.
LOL at "but it tastes the same" for milk. They previously fed cows grass and non GMO crops. Not the same. Inferior product at higher prices.
linagee 1 day ago
It doesn't make sense. Why is the guy saving for retirement upset that the banker won't loan the money to his friend? He should be happy that his savings won't lose value. Stupid, confusing, misleading video. Learn the basic business cycle.
randyrobson 1 week ago
Deficits and Inflation graphs:
google marketskeptics why deficits stopped mattering
volkswagenb1 2 weeks ago
I'm sorry but truly awful music..reminds me of 'How to look good naked' or some hideous variation...not a good platform for learning about a basic concept in the study of economics.
EmWHful 3 weeks ago
People won't save under a rapid inflation
wangsishuo 4 weeks ago
This is fucking retarded. Probably made by some lying banker to try and calm us down so he can run off with more money.
PopeWithDaScope 1 month ago
Buy gold and silver before your stuck with paper
9pt9 1 month ago
Too much of anything decreases its value. When the Federal Reserve Bank continues to print money it leads to the devaluation of the currency. As the dollar is worth less, businesses have to raise the prices of goods and services to make up for the dollar being worth less.
marvinjr1989 1 month ago
You lost me at "Is inflation bad?" the answer should be yes...
barsanted 2 months ago
@barsanted
Indeed, not so "Beyondthemainstream" after all.
myusernameisluc 1 month ago
Inflation, even in small amounts, hurts the poor because prices rise before the poor can get more money.
PissedFechtmeister 2 months ago
@PissedFechtmeister only a cunt would say this with a straight face
misterbateman808 2 months ago
@misterbateman808 I may be a cunt but I'm not wrong.
PissedFechtmeister 2 months ago
@PissedFechtmeister you just made the tip of my penis go wet. i don't know what this says about you or me.
misterbateman808 2 months ago
@misterbateman808
With monetary inflation prices of goods rise faster than wages. This is especially harmful when on a static and/or low wage, which poor people tend to have more than wealthier people.
myusernameisluc 1 month ago
@myusernameisluc you dirty cunt, speak some more...mmmmmm
misterbateman808 1 month ago
gold gold gold and silver hahahahahahahahaha your all fucked in the ass by jews
chubyali 2 months ago
absolute tosh - inflation is your friend
Bushcamper4Sale 2 months ago
@Bushcamper4Sale Sure inflation is your friend, if you want to use it to screw others over.
Aldenissin 2 months ago
Inflation is a process in which there is continous increase in the general price level and the money is continuously losing its value.
By the word of Milton Friedman " By inflation is meant a steady and sustained rise in the prices "
MrAzaz7 3 months ago
Inflation is bad for the spender but not the company.
robbysharolaid 3 months ago
let's not talk functions. we got no firm proof an increase in money supply results in as much inflation. M. Friedman said so, but there are other schools of thought and intelligent individuals that say otherwise.
loooooojason 3 months ago
everyone flag the video
hachakaza 4 months ago
the price of a goat was 1 gold coin 1400 years ago and still the same price today... because the currency itself(the gold) has its own value and valued by the whole world.. not like paper money.. worthless...
shiromelur 4 months ago
I'd say regular inflation is bad.
Impericalevidence 6 months ago
@Impericalevidence
I'd say not because it encourages spending. which is the purpose of money . to be exchanged.
velvetcasuat 6 months ago
@velvetcasuat inflation is an increase in money supply in comparison to goods and services. It is a function of the amount of money in existence. Your video left out the part where banker jane makes the loan anyway due to deficit reserve lending and she basically gets to make money for literally nothing anyway. Deficit reserve lending is where the majority of our money is created anyway.
Impericalevidence 5 months ago 3
Comment removed
MrF23D 7 months ago
Comment removed
MrF23D 7 months ago
misleading, don't listen to this video..it's wrong...inflation is the increase in the supply of money NOT the intended by-product of rising prices of goods and services....
turbobrain 8 months ago 28
@turbobrain Inflation represents the value lost by money in comparison with all the products in an economy. If overall you buy less with the money then we have inflation . And can be caused by raising prices even without increase in money supply.
velvetcasuat 6 months ago
@turbobrain
The sheepies prefer that definition not the reality that the inflation is just that the, the inflation of the money supply!
Altasshrug 5 months ago
@turbobrain
Ok let's say I go to the coffeeshop and bought a cup of coffee for $1. The next day, I go to starbucks and the cup of coffee cost $5, is that inflation?
HoSayLiaoLah 1 month ago
@turbobrain no it isn't. Inflation is a rise in the general price level within the economy. Economists disagree about whether increasing the money supply raises inflation, although if it did it would be indirectly through increasing consumption and therefore leading to demand pull inflation.
merryredollie 3 weeks ago
This is misleading..
Lannd84 8 months ago 15
why do you say inflation is not bad?
lianazlie 8 months ago