Y1 26) Costs and Benefits of Inflation

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Video covering all the major Costs and Benefits of Inflation - A deep look at the costs an benefits of inflation in a economy with key evaluation points as well

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Who else is binge watching before exams ?

rtppynx
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passed economics with an A a few years back thanks to you Dal, my teacher was an absolute joke, couldnt have done it without your vids

borisk
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Bro got me an A this year, and still going at it for the next generation. The true economics guru fr

zainmoolji
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Dal you carried me to an A in A-level Econ and I'll always be grateful for that. Could really do with your videos now that I'm studying it in uni 💀

tob
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COSTS:
Loss of purchasing power: 0:42
Erosion of savings: 1:10
Lower export competitiveness: 2:28
Hyperinflation (spiral): 3:19
Fiscal drag: 5:20
Inflationary noise: 6:25

BENEFITS:
Higher wages: 7:02
Natural consumption: 7:32
Firms encouraged to increase output: 7:47
Low unemployment in a recession: 8:05
Reduces real value of debt: 9:50
Improvement of government finances: 10:11

LindaAndrews-lyqf
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I just finished my a level econ this summer I was watching the livestreams that u made before the exams. Thankyou so much for the help Dal, ended up getting a B. 😇😇🙂

helendsouza
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dal you helped me get to an A* from a D in my mock youre a real one fr ml

tomclarke
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your majesty, you got me through my ALs, i am forever indebted to you. i got an A for economics all because of you. thank you for your kindness

shakyajayasinghe
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Got the grade I wanted, big thanks to dal and his books, if you’re in year 12/13 just keep watching him trusss me

SKTUBE
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I can not praise this channel enough. Thank you for the lecture 🙏

Daniel.Blomberg
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could you do a video on, or explain here how you would answer this question? "Explain how perfect competition should lead to outcomes which are both productively and allocatively efficient."

alphamale
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You got me an A* last year - good luck with teaching the next generation

alexmcaleer
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Governments benefit from inflation in another way which can be included in 6) - governments usually do fixed-term contracts - e.g. "we will pay you X money in the next two years to build that highway". And this cost remains fixed when there is inflation and such costs devalue, until new contracts get signed.

ssv
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If the real value of debt decreases, wouldn’t that encourage further spending( as consumers may feel less financial pressure). This can cause a inflationary spiral, leading to hyperinflation?

bdpkdec
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I look forward to watching ur vids like u actually make me want to revise

hi-pgbp
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do i need to know this if i am following the exedcel spec ?

PaperzProvider
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Wish you were our chancellor of the exchequers instead of the clown we have on at the moment

DM-fwje
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IM grateful for such knowledge share. Can I know how can I buy from India?

vickramvarma
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hey dal do you have video on primary secondary and teritary sectors adn what changes can make it sustainable? anything related to that?

SAVIORPAF
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i don't understand the keeping unemployment low in a recession one, i can understand that because there might be demand pull inflation, demand on labor may increase to meet demand. But in a recession isn't it the opposite?

uniqueslib