What Really Causes Inflation? A Complicated Economic Phenomenon Explained
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- Опубликовано: 10 июн 2024
- Inflation has been a doomsday scenario for modern economies throughout the last century. The US inflation rate accelerated to 8.5% in March of 2022, the sharpest increase since 1981, but inflation isn't just a US thing; other emerging markets are also facing inflation. Prices for everything from petrol to groceries have been rising sharply. So, what causes inflation, how its work. These Complicated economic theories abound, but we'll simplify them in this video.
What Really Causes Inflation? A Complicated Economic Phenomenon Explained
Chapters:
0:00 Inflation 1967 - 2021
2:05 Inflation in Free Market Economy
02:25 Spike in Gasoline Prices - isn't the Root Cause of Inflation
3:42 What Really Causes Inflation?
[Cite, References & More ]
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#Inflation #Hyperinflation #Economics
Music used in this video:
Grand Dark Waltz Trio Vivace by Kevin MacLeod
March of the Spoons by Kevin MacLeod
Bleeping Demo by Kevin MacLeod
Link: incompetech.filmmusic.io/song...
License: filmmusic.io/standard-license
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You are awesome
how do you do your graphics??
That's what I wanted. Keep it up.
Btw will you make a vdo on Gold standard or Gold linked currencies, why countries dropped gold standard
Will try
8300*3 = 85,000???????
0:46
Great explanation
Very good video, made to mislead public...
Too simplistic imo, inflation is a multi-causal phenomenon and is not only based on the money supply.
Spitting, maybe back then in ye old times but with economies of today? No.
Only 3: money supply, demand pull and cost push.
@@piratecody44 what do you mean?
@@jonpaul3868 and a mix of all
yep.
if you print money, and people use that money to buy bread, this pushes the price of bread up.
but if some people use the extra money to open up bakeries to make more bread, the supply of bread goes up, and this pulls the price of bread down.
so will the price of bread go up or down?
This is a good basic start. But annoyingly misleading. You need to factor in immigration, so you can keep the cost of wages down. Also, who the players are. I.e., Govts, Reserve banks, trading banks etc.
👍🏼
1:05 Well, there's the problem in one graphic!😹
5:30 Supply of key energy inputs dropped because the West created artificial scarcity with sanctions. Inflation is caused by real world conditions, not monetary phenomenon. West has been creating new money in the economy for decades with decades of zero inflation
Zero inflation? I don't know if you noticed that everything has become more expensive steadily... That's inflation. Or maybe you live on a different planet 🤔
@@GoldberryIsland You would do well to read more carefully
ruclips.net/video/9Y_ROMPfBnA/видео.html Apart from this glaring error in math, the rest of the video seems factual.
You should know that Milton Friedman was wrong with nearly everything. A Central Bank cannot control the money supply (with money targeting). Modern CB's adjust the interest rate to balance inflation (based on sophisticated models). Monetarism failed and your video failed to understand newer debates about inflation. You could start by reading about the endogenous theory of money.
I was thinking the same, the video has a great edit but it fails to address that inflation is a multi-causal phenomenon
5:39 lol that was awesome