Understanding Money and Inflation Part 1 (2 of 4)
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Well explained.
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This is based on Keynesian Economics. From 2.35 to 4.30 and complete farcical bullshit, Historically this is what the Creation of the Fed was for to smooth over the financial cycles of free trade based on a finite money supply. Because of Corporate sentiment from a stockmarket crash of 1890s then 1930s as banks lent money to industrialists and speculative investments in Derivatives.
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What about talley sticks? lol.
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Long-term Elimination and Prevention Technique for Inflation and Unemployment
In an ideal situation, where and when Real Gross Domestic Necessity Goods (RGDNG) such as Food and Agriculture is the unit of account, demand and supply of necessity goods (food and agriculture) is directly proportional to Real Gross Domestic Product (GDP). Thus, Real Gross Domestic Necessity Goods (RGDNG) prevents inflation and unemployment.
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An intrinsic, limited and scare non-necessity commodity such as gold, silver nor fiat money, as the unit of account, and non-globalization of macroeconomics is to blame for financial crisis. Food and Agriculture, as the unit of account, is the long-term solution for financial crisis, with complement to rules under the Rome Declaration on World Food Security. Do you agree or disagree?
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in other words, money is a form of trade, simple
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Did brad neely do the art? i think i saw baby cakes grand pa
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lol a lot of Keynesian BS packaged in a lot of unnecessary words and narrated with a sexy voice.
NO money is not a "mysterious substance" - it is just supposed to be a receipt of wealth/good/commodity to facilitate barter.
NO the money should not be only uniformly monopolized by one entity - the ruler or the Govt, because they will abuse it for their advantage (war).
No there is no need for the Govt to shift money around/subsidize industries, as only big corps, like Monsanto benefit then.
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cool video!! better than at the school
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upload more.
IcyNami 3 years ago 3