Understanding the financial crisis
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The music to this video is ANNOYING!!!! Brutal choice of music there "CHAP"!!! Cheerio!
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great but turn down the music and turn up the narration
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These ideas of no government intervention have been around since the time of Adam Smith and the wealth of nations. I agree to a degree with this idea but I still think unfettered capitalism has its own inherent problems and should not be seen as a solution. "The inherent vice of capitalism is the unequal sharing of blessings" Personally I think that I new form of economics will have to evolve out of the boom-bust model
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Understanding the Financial crisis is really easy - you don't have to be an economics guru - its simple GREEEEEED.
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Why did you have to put such a bad background music on an otherwise brilliant explanation?
1 year ago 3
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@theoriginalanomaly I am in the Southern U.S. and have an Economic Degree. I did not fully understand how money and the Fed operated until about 2 year ago. Since then, I have informed many people that the Fed is a private corporation. Some argued the point. None of those I told were previously aware. All I can say is welcome to the rabbit hole.
1 year ago 2
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The music is distracting.
1 year ago 2
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Centralized economics doesn't work. It creates misallocations of resources... (bubbles). Central banking is central economic control... a socialistic idea. And yet they are granted a monopoly. I wonder what percentage of people think that USD cash is government issued and what percentage realizes they are federal reserve notes (even though it says it right on top). Hell I wonder how many people still think the Federal Reserve is government.
theoriginalanomaly 3 years ago 13
holy balls the background music is annoying and louder than the voice!
SeaSideClown 1 year ago 10