How Inflation Works in Five Episodes

[j12torts]

or be the central banker lol

[j12torts]

you were born from your mothers vagina, you went to school, you finished school, you work, you get a mortgage, you work more and you die. And this is all good for the economy?

This is the system we are all born in. We are born slaves to the system.

How to be free? be on top of this inherent system! Be a business owner. That's how you can be on the top of the food chain.

[MooseCannon]

Great video, but... You fail to mention that our money used to be backed by gold, and was unable to be 'inflated' by creating money out of thin air, because to create new money, you need the gold reserves to back it. So.... to beat inflation, why not have a gold backed currency? I don't think the PTB want that somehow...

[31173ck]

@MooseCannon he wasn't explaining how it should be, he was explaining how it is!

[MooseCannon]

@31173ck lol good point :)

[TrulyUniqueOne]

excellent video!

[zasabiibasaz]

The video says that when there are more workers and more goods/services then the prices go up. It says when there are less workers and lots of unsold goods then the prices go down. When there are lots of workers and high demand for products, don't prices go down?

[elboertjie]

Fantastic! This video shows how the creation of new money (inflation) increases the costs of products thus creating bubbles, are forced to increase interest rates to slow down the increase in prices, which is due to their initial action of creating more new money, causing the bubble to burst and oh dear, what is their solution to this? Yeah, let's pump more new money into the economy! That is ridiculous!