Floating and Fixed Exchange Rates- Macroeconomics

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  • Опубликовано: 9 ноя 2014
  • Float it or fix it? Mr. Clifford expalins the difference between floating and fixed exchange rates and how countries peg the value of their currency to another currency.
    Make sure to watch this video first:
    • Foreign Exchange Pract...

Комментарии • 304

  • @andrewthompson9330
    @andrewthompson9330 5 лет назад +621

    I blinked and three sentences had already flew out his mouth

    • @zaynmunir3601
      @zaynmunir3601 4 года назад +3

      😂😂😂😂😂

    • @6777Productions
      @6777Productions 4 года назад +8

      Put this on 2x speed and see what happens

    • @rosea164
      @rosea164 3 года назад +2

      @@6777Productions
      You mean ×0.25? Because his complaint is his fast pace

    • @6777Productions
      @6777Productions 3 года назад +4

      @@rosea164 Sarcastic remark. If you think he is too fast on 1x, he is incredibly faster on 2x

    • @s7234
      @s7234 3 года назад +2

      @@6777Productions haha I always use 2x speed

  • @bumblebeechumblechee1398
    @bumblebeechumblechee1398 6 лет назад +209

    While everyone is complaining about your talking speed, I would like to take this opportunity to thank you for explaining economics to us in a very simplified and clear manner.
    Please keep up the good work.

  • @nnmartin94
    @nnmartin94 7 лет назад +303

    I REALLY appreciate the fact that these videos are fast and to the point.

    • @BrianFaure1
      @BrianFaure1 7 лет назад +22

      can confirm, clicked it and now I have a Nigerian prince on the phone willing to give me a large sum of money for nothing!

    • @layalzaqout4734
      @layalzaqout4734 2 года назад +3

      appreciate or depreciate 🤣🤣🤣🤣🤣🤣

  • @DavidLiuViolin
    @DavidLiuViolin 4 года назад +40

    no body:
    Clifford: ironic yea i know

  • @lindagatwiri869
    @lindagatwiri869 5 лет назад +8

    I have to pause after every 5 seconds so that i can let what you said sink in.
    Great video. thank you

  • @irhandiaz603
    @irhandiaz603 8 лет назад +30

    He is the Ross Geller of Economic Thingy

  • @louisrowson3952
    @louisrowson3952 8 лет назад +19

    You've helped me massively for my exam tomorrow morning!
    Much love from the UK

  • @natashathacker8537
    @natashathacker8537 9 лет назад +239

    Great video! but will you please slow down a little bit?

    • @923896586
      @923896586 8 лет назад +34

      +Natasha Thacker Thats how he is all the time. Don't try to reinvent the wheel. Today, RUclips allow us to reduce the pitch/speed of the video. I would suggest you to do it. Take care and keep learning.

    • @jaakko132
      @jaakko132 7 лет назад +20

      When you slow it down he just sounds drunk and it's all I can think about :D

    • @TheJoshtheboss
      @TheJoshtheboss 7 лет назад +9

      Natasha Thacker It's like he is is on a kilo of coke. Very good video though.

    • @Fishtank33
      @Fishtank33 6 лет назад +7

      It's called the pause button :)

  • @prismcollection
    @prismcollection 3 года назад +2

    These videos are incredible; you're answering so many of my questions, so quickly! Thanks!

  • @Fishtank33
    @Fishtank33 6 лет назад +14

    Just bought and downloaded your Ultimate Review packet, and I'm so pumped! I hated macroeconomics and found it so boring, until I found your videos. You've helped me understand it more, which has made me enjoy it more. I've got my macro exam on Feb 27th and I'm not dreading it anymore, thanks to you!

  • @hiruniranawaka4022
    @hiruniranawaka4022 4 года назад +3

    I loved that I learned more in three minutes from this video than I did in two weeks of my Econ class

  • @Cob33ter
    @Cob33ter 7 лет назад +4

    absolutely great and compact videos with simple explanations, thank you a ton for this content!

  • @ilong4rennes
    @ilong4rennes 4 года назад +2

    i am going to have a test in 13 hours and i found your video super useful! your videos saved my life!!

  • @chinzeshen
    @chinzeshen 3 года назад +19

    am i the only one who thinks his talking speed is perfect

    • @moh6410
      @moh6410 2 месяца назад

      adjust the video speed to 0.5 or 0.25

  • @tamara-harden
    @tamara-harden 11 месяцев назад

    Thank you for explaining this in English and in layman terms. Such a relief.

  • @sanmyathida5793
    @sanmyathida5793 Год назад

    Just simplest way to understand the subject. Fast and effective... Thank you ❤️❤️

  • @youreoffline4934
    @youreoffline4934 2 года назад +2

    He's talking so fast he's interrupting himself
    BUT YES THANK YOU SO MUCH THIS WAS SO HELPFUL

  • @luluisnotonfirekillmyself9409
    @luluisnotonfirekillmyself9409 8 лет назад

    the pace was just right for me thanks this really helped :)

  • @misterc48
    @misterc48 8 лет назад +1

    This makes studying so much easier ! Great Work. Greetings from NL (Y)

  • @marcelhenning6741
    @marcelhenning6741 3 года назад +3

    You literally did my International economics IA for me lmao ur the best

  • @pinchongtisso320
    @pinchongtisso320 5 лет назад +1

    Short,precise and up to the point..

  • @KhelderB
    @KhelderB Год назад

    You say that you can't say which one is best but the language you use to describe the fixed rate shows which one you prefer!

  • @sorinmb
    @sorinmb 3 года назад +1

    Thanks a lot! your explanation was clear and used examples to improve understanding👍

  • @hansvonwurscht3230
    @hansvonwurscht3230 3 года назад +1

    Great explanation, great belt, suitable speed, thank you!

  • @emilymcgregor8721
    @emilymcgregor8721 3 года назад

    thanks for the energy, needed it this morning!

  • @maxteitelbaum5388
    @maxteitelbaum5388 6 лет назад +1

    Mr. Clifford, could you make a video on the relationship between fixed and floating exchange rates and the balance of trade?

  • @rachelgooden9981
    @rachelgooden9981 3 года назад

    Yaaaay. Happy I found you! Didn’t see this on crash course.

  • @harshitaadvani3798
    @harshitaadvani3798 4 года назад

    Thank you for uploading this video! It was indeed v helpful!

  • @similanchalermthanakom2658
    @similanchalermthanakom2658 9 лет назад

    You just saved my life, thank you.

  • @billparkinson6017
    @billparkinson6017 5 лет назад +1

    How are the fixed/pegged rates calculated to begin with? I believe there’s bands, or a range that they move in?? How do you figure out what the bands are? How will you know if they change?

  • @CoCaptain
    @CoCaptain Год назад

    Whoaaaa…nice to spot my flag at 1:13. Yep, you’re helping students in the Eastern Caribbean too. Thank you.

  • @ananyan6721
    @ananyan6721 3 года назад

    Hey, Please make a video on the Marshall - Lerner Condition. Your videos are really helpful for last minute revision.

  • @user-qg8qk5ch1l
    @user-qg8qk5ch1l 6 лет назад

    You are so energetic. Love the vibe.

  • @funkykenan
    @funkykenan 7 лет назад +4

    sounds like a good teacher. Would love for you to be my econs lecturer.

  • @matymohamed2903
    @matymohamed2903 5 лет назад

    I really appreciate this video.I'm from west Africa.

  • @jordancampbell1695
    @jordancampbell1695 7 лет назад +7

    Your videos are great! Could you please create one on the impossible trinity (i.e the inability to manage exchange rates, control interest rates, and allow money to flow freely in and out of the country)?

  • @owenguo1483
    @owenguo1483 8 лет назад +8

    Lots respect from China!

  • @eevee2057
    @eevee2057 9 лет назад +16

    I agree great info, but so hard to keep up with everything because of how fast the video is

  • @rudynathan8852
    @rudynathan8852 8 лет назад

    what is the exchange rate benchmark for countries with fixed exchange rates? Is it the dollar or the currency of their biggest trading partner?

  • @Patrickallan100
    @Patrickallan100 7 лет назад

    Thanks from Brazil!

  • @notyourechochamber3137
    @notyourechochamber3137 7 лет назад

    The debate continues.
    I see the monetarist point of view with floating exchange rates in regards to economists such as Milton Friedman, but I also see the sound money argument from gold bugs such as James Richards.
    I'm going to go out on a limb and put out the idea that there's a pendulum swing in play.
    Floating exchanges benefit import/export adaptability, but have causation to a loss of sound money(thanks central banks), and fixed exchange rates limit nations that have fewer natural resources in a otherwise competitive market.
    All I know is that the IMF is on standby, and this conversation may get louder in the years to come...

  • @christopherchye4323
    @christopherchye4323 2 года назад

    Loved it! Thank you!

  • @jessieli9349
    @jessieli9349 7 лет назад

    Glad I'm not the only one thinking you might be good at rapping:) Thanks~

  • @ridhi_sinha
    @ridhi_sinha 5 лет назад

    Amazing videos !

  • @monikac.6012
    @monikac.6012 2 года назад

    Doesn’t matter how many of these i watch that “Hey!” at the beginning always catches me off guard.

  • @denniskosyakov5192
    @denniskosyakov5192 4 года назад

    Hi guys! How do we call the effect of a rise in the expected exchange rate to current exchange rate ?

  • @gabrielasantana3809
    @gabrielasantana3809 4 года назад +1

    Could you do a vieo on the Mundell Trilemma? Thank you

  • @alparslankorkmaz2964
    @alparslankorkmaz2964 3 года назад

    Nicely explained.

  • @georgiakritikos4955
    @georgiakritikos4955 3 месяца назад

    General Patton said "make up circumstance to fit plans is dangerous "❤ 21st-century i believe him

  • @yinhaoqian153
    @yinhaoqian153 6 лет назад

    As a Chinese now I understand everything after watching your video.

  • @randomdude4628
    @randomdude4628 8 лет назад +33

    Watch the video in 0.5 speed, he sounds drugged Lol

  • @georgiakritikos4955
    @georgiakritikos4955 3 месяца назад +1

    This video help me understand different ways_ rates fluctuate & pretend to be fixed to control ,go figure. . .the exchange rate of failure on the unsustainable domestic tied international ❤Americans stay away from ties to uncivil _all of it KEEP ON YOUR APRONS ❤daily

  • @chiarabolzon235
    @chiarabolzon235 6 лет назад

    You are great. Thank you!!

  • @marietemplin
    @marietemplin 3 года назад

    The information was important but I think it was too fast that I missed a lot of that information. I hope you have other videos where the presentation is much slower and understandable.
    I did hit the like button by the way ..

  • @mathsisdeadtomenow
    @mathsisdeadtomenow 6 лет назад

    don't slow down Mr Clifford, its perfect as it is. The point is to take it all in quickly without having to devote too much time people. If you don't understand watch it again or adjust the speed.

  • @zitlerthebandit9596
    @zitlerthebandit9596 6 лет назад

    Great lesson

  • @thelife8836
    @thelife8836 2 года назад

    Finally i found this video. ❤❤

  • @Satero95
    @Satero95 7 лет назад +2

    Talk a little bit slower in upcoming videos... otherwise after a couple times watching this I understand and heard what you were saying. Can you make a video about Mundell Flemming and show it in the three markets with help of a 45degree diagram?

  • @TheJoshtheboss
    @TheJoshtheboss 7 лет назад +1

    What kinds of Interest Rates can the Fed or Central Bank affect? Is it lending % or deposit % or both? And which one did you mean in the video?

  • @Fjoushamother
    @Fjoushamother 4 года назад

    Nice video Mark Cuban

  • @svenulmcika2237
    @svenulmcika2237 2 года назад

    Awesome video

  • @umerkaimkhani5979
    @umerkaimkhani5979 8 лет назад +7

    This guy goes 0-100 real quick!

  • @deelipgsacademy7198
    @deelipgsacademy7198 7 лет назад

    thanks for providing information upsc video

  • @lia_yin-herr
    @lia_yin-herr 3 года назад

    When Yuan/Dollar is high, dollars should be cheap, and demand for dollars should go up, so the demand curve on this graph should be upward sloping. Alternatively, we could change the exchange rate on the Y axis to Dollar/Yuan, and keep the rest of the graph as is.

  • @xJ3STER
    @xJ3STER 7 лет назад

    I really enjoy these videos since they are really informative. But I'd prefer if you could speak a bit slower since many if your viewers are from abord :)

  • @shawzhang4498
    @shawzhang4498 6 лет назад

    floating or fixed with respect to what currency?

  • @jujuonthatbeat6732
    @jujuonthatbeat6732 5 лет назад

    I did not understand pretty well how a decrease in Interest rate would decrease the capital inflow in the country. Can someone tell me please?

  • @Ampullae
    @Ampullae Год назад

    nice explaination, no one mentioned the belt buckle lol

  • @Borzacchinni
    @Borzacchinni 6 лет назад

    which level are these videos aimed at? High school or university?

  • @denzelmellors4352
    @denzelmellors4352 7 лет назад

    yes good explanation sir

  • @amiokazaki3568
    @amiokazaki3568 5 лет назад

    I heard one of the reason why government maintains fixed exchange rate is because they want to have lower inflation which leads to lower interest rate + stimulate trade/investment in the long run... But reducing interest rate causes inflation... I'm confused...

  • @sadiqshaikh8715
    @sadiqshaikh8715 3 года назад

    I had to watch this in 0.5x just to listen to what he says.Nevertheless the video was to the point and good explanation

  • @MohammedAli-hb2mz
    @MohammedAli-hb2mz 6 лет назад

    You're the best!

  • @pescatariancashewnuts8761
    @pescatariancashewnuts8761 8 лет назад

    I don't understand why people suddenly complain about how fast he speaks. He always does in other videos. And if he speaks slower the length of the videos will be longer. You wouldn't want to click the video if it's 10 minutes long instead of 3 minutes 24 seconds. He obviously knows that and tries to put as many information as possible into short video. You can always pause or slow it down. Rewatching also helps.

    • @AdiraKris
      @AdiraKris 8 лет назад

      +Sophie Darcy you are absolutely right

  • @browncheeze4851
    @browncheeze4851 7 лет назад +3

    youtube offers to slow down a video, that may help you :)

  • @noodles7685
    @noodles7685 6 лет назад

    great video

  • @DreamUX
    @DreamUX 6 лет назад

    yeah, great information, but there's no reason to go at the speed of light, dude. also, are there any videos on the Forex market using a downward curvilinear slope (not linear S/D) where spot exchange rate is on Y axis and (dollar) returns on x? Thanks :)

  • @flamedomegamer537
    @flamedomegamer537 2 года назад

    Where is he know? I haven't seen his any new videos

  • @athiefinthenight6894
    @athiefinthenight6894 3 года назад +1

    What about a pegged float

  • @geetikapillarisetty3587
    @geetikapillarisetty3587 2 года назад

    I started the video, jumped and checked the settings to see if a new playback speed option of 185 x was introduced

  • @vyro.2315
    @vyro.2315 3 года назад

    THANK YOU SO MUCH

  • @_noobgamers_7892
    @_noobgamers_7892 2 года назад

    oh god... this is amazing

  • @mounirkebir4389
    @mounirkebir4389 3 года назад

    I loved the hey football move lol

  • @ronistheone
    @ronistheone 5 лет назад

    Hey man! Can you please explain how buying Chinese Yuan would increase the supply of Dollars? Thanks!

    • @ghostofpast550
      @ghostofpast550 3 года назад

      It's too late for the reply but it's probably because China has foreign reserves of dollars. If you already discorved why then please correct me I'm Confused about it too.

  • @waelwm4331
    @waelwm4331 8 лет назад

    Thank you very much

  • @harkamalsinghkang1933
    @harkamalsinghkang1933 6 лет назад

    Very very high speed of u sir

  • @kyahsz198
    @kyahsz198 3 года назад

    thank you sir!

  • @JHJH007
    @JHJH007 9 лет назад +5

    please slow down?

  • @jamiehyett7216
    @jamiehyett7216 3 года назад

    someone should write a book about this guys youtube channel

  • @seyiotunla1777
    @seyiotunla1777 4 года назад +1

    RIP to anyone with earphones in on full volume

  • @phirasupphanlawi3891
    @phirasupphanlawi3891 8 лет назад

    Great explanation. The only problem is the speed. If you target native English speaking then it is ok. But if you target audience beyond native English speaking or globally then it is a bit of a problem to understand the speaker well.

    • @troutunderscore3
      @troutunderscore3 8 лет назад

      Good point, It is even fast for native speakers. His goal is to keep the videos short for quick lessons However, RUclips now has half speed play options of we need to slow it down

  • @fancyson8715
    @fancyson8715 3 года назад

    My hero

  • @harry4114able
    @harry4114able 8 лет назад +33

    sir i really like ur videos but please slow down ....difficult to pace up with u ...

    • @malvikabhattacharya7154
      @malvikabhattacharya7154 5 лет назад +1

      You sound haughty
      There was no need for you to call the guy a douche bag.
      Being disrespectful won't make you a millionaire.
      John benson

  • @Dr.Dry07
    @Dr.Dry07 Месяц назад

    The example of fixed exchange rate is between Nepal and India i.e 160 npr as 100 ic

  • @seanli3853
    @seanli3853 6 лет назад

    Thank you

  • @paijalyaria609
    @paijalyaria609 8 лет назад +11

    can you speak in little bit slow pace ..its really hard to catch your words

  • @antoniomarchi831
    @antoniomarchi831 9 лет назад +3

    I got lost every time you switched from the theory to "making it humoured".. thanks anyway

    • @smilee357
      @smilee357 5 лет назад +1

      Antonio Marchi me too

  • @devdootbhagat7304
    @devdootbhagat7304 8 лет назад +1

    rate of the speed of words he speaks increases with time

  • @RohitKhannanoautism
    @RohitKhannanoautism 6 лет назад

    u guys do know u can change speed of videos right?

  • @asmaO7
    @asmaO7 6 лет назад

    Why hasn't he a video about AA/DD model???