The Tragedy of the Commons
Uploader Comments (MCTOONS1)
Top Comments
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A lot of bullshit. To give loans to the poor will not make these people to apply resources in renewable sources of energy. Free market is still the best tool to do this.
Global Financial Crisis happenned because of low interest rates determined by The Federal Reserve.
All Comments (18)
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Money is absolutely not created by giving out loans, that is exactly what caused the problem we're in right now. People spending money that didn't actually exist. This video is wrong, wrong, wrong.
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your pics don't communicate the right idea, this dosent really explain the tradegy of the commons, just random general econ info with drawings
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@yomamma12324 If the real interest rate were negative banks would do better to lend money at zero rather than hold the money and take a loss. That is, if the inflation rate were higher than some price ceiling on interest rates, banks would make 0% interest loans. The result would be ugly, but you could establish a system to accomplish that goal.
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why would banks forego expenditure by loaning funds without interest?
pretty drawings - which makes it extra sad that your understanding of economics is abysmal. study up on some Austrian economics little fella.
LotharioRowe 1 month ago 3
@LotharioRowe MCTOONS provides a unique service of animation, V.O's, & folley FX - the opinions raised in the videos are not necessarily ours.
MCTOONS1 1 week ago
Simply stupid. Just draw; thinking is not your thing
Liberticracia 4 months ago
@Liberticracia MCTOONS provides a unique service of animation, V.O's, & folley FX - the opinions raised in the videos are not necessarily ours.
MCTOONS1 1 week ago