Inflation Explained in 2 Minutes
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Uploaded by Beyondthemainstream on Nov 27, 2010
A short explanation of Inflation in plain terms.
Top Comments
All Comments (35)
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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.
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Deficits and Inflation graphs:
google marketskeptics why deficits stopped mattering
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@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.
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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.
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People won't save under a rapid inflation
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This is fucking retarded. Probably made by some lying banker to try and calm us down so he can run off with more money.
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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?
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@myusernameisluc you dirty cunt, speak some more...mmmmmm
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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.
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Indeed, not so "Beyondthemainstream" after all.
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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
This is misleading..
Lannd84 8 months ago 15