Inflation and Bubbles and Tulips: Crash Course Economics #7
Economy | Information | History | Online | Facts | World | Global | Money
In which Adriene and Jacob teach you about how and why prices rise. Sometimes prices rise as a result of inflation, which is a pretty normal thing for economies to do. We'll talk about how across the board prices rise over time, and how economists track inflation. Bubbles are a pretty normal thing for humans to do. One item, like tulips or beanie babies or houses or tech startups experience a rapid rise in prices. This is often accompanied by speculation, a bunch of outrageous profits, and then a nasty crash when the bubble bursts. People get excited about rising prices, and next thing you know, people are trading their life savings for a tulip bulb. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark , Elliot Beter, Moritz Schmidt, Jeffrey Thompson, Ian Dundore, Jacob Ash, Jessica Wode, Today I Found Out, Christy Huddleston, James Craver, Chris Peters, SR Foxley, Steve Marshall, Simun Niclasen, Eric Kitchen, Robert Kunz, Avi Yashchin, Jason A Saslow, Jan Schmid, Daniel Baulig, Christian , Anna-Ester Volozh -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Comments
-
love from India.
-
But how does bubble bursts?
-
I like how you tailor the message of supporting the course at the end according to the topic you just discuss. thank you
-
You guys are okay but you'll never be John green.
-
1:55 Hmmmmmmmmm.....College and healthcare costs are going up (government subsidies), while food and cars and electronics aren't (no government subsidies). Trend much?
-
hey, inflation also come from the production of money itself, example: there are two nearby villages and one produces potatoes and the other chickens, one year 100 potatoes are produced and (before there was only 10 potatoes a year) still 10 chickens. instead of one potato for one chicken, the suppler of the chickens will want more potatoes for one chicken i.e. inflation
in this day our currency doesn't keep a store of value, most of this inflation comes from non tangible currency -
this series would be great without the silly jokes
-
stupid
-
awesome videos
-
Please do Crash Course math :)
-
at the height
-
6:22 "... it's a bad scene." How can that be? After all, don't the Venezuelans have "democratic" socialism? I mean if they all voted, then the policies must be great... *8-P
-
Wait, does this mean that the attempts by supermarkets to keep costs of things like bread stable are actually skewing the inflation values downwards?
-
1:00 can i buy these shirts anywhere?^^
NEUTRAL MILK HOTEL!!!!!! -
When they put my home country as an example of bad economics. Dang... in all the patria.
Don't worry mum, I'll make it here in europe; damn you guys got a lot of stuff in here... so much stuff. jesus... I can't.... x.x I only need, vegetables... and I don't need the god damn can... , I can't deal with all the extra stuff aaaa dies X.X -
Neutral Milk Hotel? Cartoon needs more sweaters.
-
back then when the philippines is a territory of the u.s. its $1.00 = PHP 2.00 but now its $1.00 = PHP 47.00 Thanks To Marcos
-
U said in the video that cost-push inflation is caused by a decrease in supply of some productive factor. Yet u said that the rise in chocolate prices wasn't a case of inflation, even though the supply of cocoa beans decreased due to disease and bad harvests. Shouldn't it be cost-push inflation as well?
-
I have a question .... How would you fight inflation in Venezuela or at least stabilize it?
10m 25sLenght
5610Rating