this guy knows nothing about the economy, or economics for that matter...
saying that we can slow the decline of employment by either lowering taxes or increasing government spending?! You're a fool.
To even suggest that increased govt. spending can solve any problem in an economy shows you know nothing.
You say that deflation is a bad thing? You obviously do not understand that deflation encourages savings which lead to future growth which is larger than the ladder.
In my opinion/understanding (which is highly influenced by the book "Capitalism" by George Reisman):
By lowering taxes, you essentially let companies to give the employed people more money on their salaries. But with lowering taxes, it is also good to lower government spending.
Increased government spending in short term can kick-start things.
And why I consider deflation a good thing, I do not see how it encourages savings.
This is all a very good explanation! but it doesnt have to be like this! As its been explained government intervention in money and business doesnt work, a fiat currency has never worked and any economy with a central bank has had its currency devalued $us lost 90% of its value since 1914, and the pound hasnt faired well either! Stick to a gold standard and this wouldnt happen, look at the Mises intstitute and austrian school they have been right about boom and bust theory and its cure
Great video, I have been trying to find a video just like this to help explain to friends why increasing taxes (on anyone) in a contraction period would be horrible for the economy!!! Keep up the good work.
Hi Pinkhalo6, Glad I could be of help and I agree videos are much better. Also if people would cut out all the fluff and get to the point faster I think that would help too. Good luck with your exams. Best Regards, Dave
David - Thanks for making this so simple. I hope you will cover other fundamental analysis topics with similar simplicity - FA fro stocks, bonds (long term, short term), commodities and forex
Hi Susmit, Thanks for the comment am glad you like the video. I am definately planning on making videos on all the things that you have mentioned although it will take some time;-) In the meantime I have set up a "free course" section on the InformedTrades site which has some of the things you are looking for from third party videos so you may want to check that out. Best Regards, Dave
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FXCommissionRebates 3 months ago
Brilliant video I think this will help me tremendously in my Macro economics exam next week cheers keep em coming.....Dan - Ireland
DANGRUM 1 year ago
this guy knows nothing about the economy, or economics for that matter...
saying that we can slow the decline of employment by either lowering taxes or increasing government spending?! You're a fool.
To even suggest that increased govt. spending can solve any problem in an economy shows you know nothing.
You say that deflation is a bad thing? You obviously do not understand that deflation encourages savings which lead to future growth which is larger than the ladder.
moron.
tirmen8er 2 years ago
In my opinion/understanding (which is highly influenced by the book "Capitalism" by George Reisman):
By lowering taxes, you essentially let companies to give the employed people more money on their salaries. But with lowering taxes, it is also good to lower government spending.
Increased government spending in short term can kick-start things.
And why I consider deflation a good thing, I do not see how it encourages savings.
wortexya 1 year ago
Dave, Thanks for all your videos. Thanks for taking the time to do all these amazing videos.
By the way, what do you think about Andrew Cardwell's RSI formula ?
golfcoachhc 2 years ago
But surely, according to the quantity theory of money - the mainstream theory - inflation is caused by an increase in the money supply.
Ontologistics 2 years ago
Good job Dave, our professor had us watch this for a class assignment.
crawlal 2 years ago
This is all a very good explanation! but it doesnt have to be like this! As its been explained government intervention in money and business doesnt work, a fiat currency has never worked and any economy with a central bank has had its currency devalued $us lost 90% of its value since 1914, and the pound hasnt faired well either! Stick to a gold standard and this wouldnt happen, look at the Mises intstitute and austrian school they have been right about boom and bust theory and its cure
wayland063 3 years ago
Thanks a lot. The lesson is very clear.
xuanmai90 3 years ago
Great video, I have been trying to find a video just like this to help explain to friends why increasing taxes (on anyone) in a contraction period would be horrible for the economy!!! Keep up the good work.
techguy03 3 years ago
my pleasure I am glad you liked it and thank you for the comment. Best Regards, Dave
InformedTrades 3 years ago
seems to me that you're just giving an answer to the question that I am trying to answer for my research paper. Its very very good.
Thanx dave!
djily02016 3 years ago
Thanks for the comment and for watching I am glad you enjoyed it. Best Regards, Dave
InformedTrades 3 years ago
good video dave! i'm hooked to this!!!
investmentspecialist 3 years ago
Hi investmentspecialist, glad to hear it, thanks for watching and for the comment. Best Regards, Dave
InformedTrades 3 years ago
great vid.
It took just 8 minutes of your video to explain all these, compared two 16 minutes of reading a textbook. 50% time saved! haha
cheers
aasyraf 3 years ago
to*
aasyraf 3 years ago
Hi aasyraf, Thanks for the comment am glad you liked it. Best Regards, Dave
InformedTrades 3 years ago
Haha. Is that Nancy Pelosi standing behind Pres Bush on that second slide? Brilliant...
chasleo 3 years ago
Haha. You changed your background scenery after 54+ videos...
I have to agree with everyone here - you are a great teacher - keep up the great work!
chasleo 3 years ago
cheers.. i have a final exam in 4 hours. this helped. life would be so much easier if they had videos instead of books ! grr
pinkhalo6 3 years ago
Hi Pinkhalo6, Glad I could be of help and I agree videos are much better. Also if people would cut out all the fluff and get to the point faster I think that would help too. Good luck with your exams. Best Regards, Dave
InformedTrades 3 years ago
thank you again for helping me review for my macro test :D
lingojac 3 years ago
hi lingojac, Thanks for the comment and I am glad I could be of help. Best Regards, Dave
InformedTrades 3 years ago
nice..thanks! U're the best!!
guil7 3 years ago
hi guil7, thanks for the comment am glad you like the videos. Best Regards, Dave
InformedTrades 3 years ago
David, your a great teacher. you make it very easy to understand and follow. I look forward to more videos from you.
ckclm4 3 years ago
Hi ckclm4, Thanks for the comment am glad you are liking the videos. Lots more to come. Best Regards, Dave
InformedTrades 3 years ago
David - Thanks for making this so simple. I hope you will cover other fundamental analysis topics with similar simplicity - FA fro stocks, bonds (long term, short term), commodities and forex
- carry trades
- Hedge fund activity
Look forward to more of your videos.
Best - Susmit
SHALTRADE 4 years ago
Hi Susmit, Thanks for the comment am glad you like the video. I am definately planning on making videos on all the things that you have mentioned although it will take some time;-) In the meantime I have set up a "free course" section on the InformedTrades site which has some of the things you are looking for from third party videos so you may want to check that out. Best Regards, Dave
InformedTrades 4 years ago
nice... I hope that you get much in detail tomorrow in your explanation about monetary policy.
thanks for everything
charlybrown1000 4 years ago
thanks for the comment and will do. Best Regards, Dave
InformedTrades 4 years ago