Macro: Unit 1.5 -- Inflation

Hey Everyone! I'm Mr. Willis, and You Will Love Economics!
In this video, I will:
- Define inflation, deflation, and hyperinflation
- Describe the effects of inflation on purchasing power
- Identify the three causes of inflation
- Practice calculating the market basket and inflation/deflation rate over time
- Discuss who is hurt, helped, and unaffected by excessive inflation
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Man you are natural teacher. You are born to teach...amazing thanks for sharing your knowledge

[@richapasricha9049]

Very nicely explained. I've watched a few of your videos, the way you teach is incredible. Haven't seen anyone explaining economics with this ease. Keep it up.

[@YouWillLoveEconomics]

Thank you so much. I appreciate the feedback and the support. Be on the lookout in the coming months for more videos, including a series of microeconomics!

[@halilpotoku3395]

what i learn from you in some videos i didnt learn in a whole semester in faculty, you are a gift from heaven for those who love economics

[@mansijoshi6654]

This video has a very good introduction and thought about the Inflation and what are the effects that happened because of Inflation.The concept has cleared after watching this video . Inflation plays an important part in Economics and after this video can come to know who is facing more problems and what they are .

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3 Years ago and this video has come full circle. Thank you

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your explanation helped me so much thank you!

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thank you for explaining this so clearly! loved the real examples

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wow you've explained this extremely well. I just don't get it when my teacher teaches me but I understand it here! thanks youuuu

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Amazing as usual

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thank you

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Thank You!

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Really really understandable presentation

[@venkatachalapathibaskar5927]

Thank you so much for posting this video.

[@dethray7480]

I have a questoin about demand pull and cost push inflation. Wouldn't that only affect a certain group of goods and services, such as toys and gadgets. But for inflation to occur, doesn't the general price level have to increase?

[@stephenhemingway9435]

How does the excessive amount of money foreseen by the quantity theory of money get into peoples' hands? How does that money get into circulation? Does the government give the money to banks for lending or are there other mechanisms for getting excess printed money into circulation in a way that contributes to inflation?

[@toby7778]

This was helpful, thank you.

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Thank you sir!

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Thank you...

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Thank you!

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Thank you very much for the work you are doing. Personally, your teachings have helped me tremendously with macroeconomics.

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Please describe the Say's Law of Market ... I need it🙏🙏🙏

[@YouWillLoveEconomics]

I may get to that topic at some point. Turn on notifications to stay updated.

[@mphomokone8944]

Thank you very much for this

[@zeusvalentine1848]

Why didn't we get inflation during the bailout of 2009? Isn't the printing of money supposed to cause inflation? If it didn't cause inflation, then why don't we slowly print away our debts?
A Jubilee, if you will.

[@liamhoward2208]

Is the US in a continuous cycle of cost-push inflation ( wage price spiral)? As evidenced as the steady increase of prices over time since 1914?

[@uwasesandrine8241]

wow!!! clearly & understandable

[@vrushaliaher5442]

Sir please make detail video on inflation, deflation and stagflation.

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Thank you ,man.You know how to teach

[@9w6six]

Enjoyed watching in prep for my exam. Thank you.

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Thankyou so much

[@neillamas8929]

Causes start @7:15

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Very helpful

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Please send this to the people running the US government 😭

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Good video man!

[@YouWillLoveEconomics]

Thanks so much!