How Does Inflation ACTUALLY Work?

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Why does a bag of oranges at the grocery store cost $2.50 one day, and then the next $5.00? In today's exciting video we're going to teach you something that will affect your entire life as you purchase food, gas, clothing, we're talking about inflation.

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Luckily we bigfoots don't have to worry about economic stuff way out here in the wilderness

Bigfoot_With_Internet_Access
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Video: INFLATION

Zimbabwe has entered the chat

aldrichsmith
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this episode is too wobbly its like watching on a rough seas. do you need to shake the video??? uggghhhh

meowx
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I can’t believe I have a degree in Macro Economics and I just watched a video explaining inflation.

headedtasman
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Hey Venezuela how many inflation do you want?

Venezuela: Yes

williamsleon
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This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.>

laportafrank
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this is pratically a 6-9 hour lecture compressed in 10 monutes

desertstormer
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Inflation is taxation without legislation.

TheRealGuywithoutaMustache
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During times of inflation, debt is king, because the value or cost of the debt goes down. During deflation, debt is death, because the value of the debt is growing. Who is the country's greatest debtor? Government. This is why governments will do ANYTHING to avoid deflation.

Lord.Kiltridge
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It's always funny how they talk about printing more money like it's just gonna be throw out of air planes for People to get and stimulate the economy

mrtree
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That’s crazy how money is given value because of us literally 🤦🏾‍♀️

latoyalaville
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I still don't understand this, and I hate that everything is getting more expensive (like groceries, movie tickets [somewhat trivial, but still relevant], and housing) while wages remain relatively stagnant. Maybe the system is just broken and needs to be rebuilt from the ground up

tardarsauce
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Inflation: * exists *
EA: i will take ur entire stock

rektvolcano
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2017: House plant costs 1$.
2020: House plant costs 20$.








4024: House plant costs

ricefloppa
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they over here buying houses for the price of a now a day can of coke bruhhhh

king.lililixli
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"Hey Jimmy, you know these balloons were really expensive. You wanna know why?"
"Because, Quidd paid for it"
*"No. The price went up due to inflation."*


- Chris 2017

canilogin
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I'm a chemical engineer so whenever I try to learn about economics I instinctively conseptualise it as a chemical process. From the little I've been able to make sense of so far, our financial institutions are the equivalent of legacy operators trying to manage an incredibly convoluted and poorly designed plant with very few levers for process control, and only a vague understanding of the process itself. My advice would be decommissioning.

rhidiandavies
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When you get to hear your favorite narrator again

callmelarry
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2020
Tension between Iran 🇮🇷 and USA 🇺🇸
Australia 🇦🇺 Fire 🔥
Volcano 🌋 eruption in Philippines
Deadly Coronavirus
Kobe Bryant Passed away
Jamaica hit by 7.7 Earthquake

natedellia
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Higher prices for goods and services means the general public must work more hours to maintain their living standards which means higher productivity for business activity that can promote higher consumer activity thus higher demand for goods and services eventually pushing higher inflation rates and higher prices again for goods and services. Inflation is just a vicious cycle where we run around in a hamster wheel chasing an illusion of financial security. No wonder work-life balance is non-existent in the 21st century. Employment is just a life sentence of obedience, extortion, and involuntary silence only to earn the privilege to participate in the corrupted world of economics and money mechanics. An economy can still be productive and have business and consumer activity without having inflation. Japan is a case study where it is still a productive economy with business and consumer activity and it has deflation or stagflation. Resources are still available and reasonably priced. It is just that the tool we use to exchange goods and services, aka paper money (bank note), has eroded in its purpose of retaining its intrinsic or representative value.

YamiPheonix