Try Rocket Money for free: #rocketmoney #personalfinance
Inflation has been perhaps the single biggest issue facing the global economy over the past year and has proven far more persistent than most people originally assumed. But with central banks around the world all raising interest rates, will we finally see inflation go back down to more normal levels?
0:00 – 2:00 Intro
2:01 – 3:03 Rocket Money
3:04 – 4:25 Raisin interest rates
4:26 – 6:22 Stimulative effect of inflation
6:23 – 7:55 Cost of inflation
7:56 – 9:50 Price stickiness
9:51 Slow reduction of inflation
Shop Economics Explained Merch:
For North American and Australian residents:
For European residents:
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel:
Enjoyed the video? Comment below! 💬
⭑ Subscribe to Economics Explained 👉
⭑ Enjoyed? Hit the like button! 👍
Check out our second channel Economics Explained Essentials →
✉️ Business Enquiries → hello@economicsexplained.com
🎧 Listen to EE on Spotify! 👉
Follow EE on social media:
Follow EE on social media:
Twitter 🐦 →
Facebook →
Instagram →
TikTok →
#Inflation #EconomicsExplained
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏
Support EE by becoming a Patron today! 👉
The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:
Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas…(read more)
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Try Rocket Money for free: https://RocketMoney.com/EconomicsExplained #rocketmoney #personalfinance
There is no winning when it comes to money. It's only a question of how little you can lose.
Companies slashed wages and fired enough people to fight back inflation. Yay! Praise the lord.
NO and when it does there will be a giant crash in house prices
Inflation only benefits who spend and hope for returns, like stocks. It never ends up benefiting the common person. The higher the inflation, the higher the desire to not save money. It used to be considered a good thing to save money for future expenses. Honestly, we need around 1 to 2% deflation for a few decades. Will it hurt stocks? Technically yes. Will it mean you can buy more with less? Also yes.
Good video.
Could you do a video on the economics behind cryptocurrencies pls 🙂
Hi, can you please do a video on seigniorage. It baffles me and how it works with inflation. How did the Aus govt go from usually making around 60 million a year in profits to around a billion during the pandemic?
Forgot to mention the LOCKDOWNS
Keeping your job still doesn't help. Your employer may not give you a raise or if they do it won't keep up with 7%. So you still lose especially if you don't have the option to find a new jobs
No.
I think government through history experiencing inflation and knowing how to help end it has helped in slowing inflation down
Inflation may come back tomnormal levels but prices won't fall down, and even if they do that still won't be a good news going ahead because the recession is coming. ( Already here, but some people refuse to admit it for political gains.)
Guys in this video the "world" refers to North America and Australia.
And also World Bank and IMF saying that 80sth% of the world will be living under some sort of austerity measures should put into context whether this "optimism" EE guy is talking about actually stands on firm ground.
By many metrics for most people in the world, 2023 looks like a difficult year jumping into it.
Hi can you do a piece on fiat currency to wake our people up please!
we gave away 68 billion dollars in foreign aid this year and we only have 300 million citizens, but give American citizens a few thousand dollars and we have huge inflation, we a huge scam being played against us
the thing with all these economic theories and what not they only exist because we choose to make them exist. we can have a fixed rate currency if we wanted but that doesnt help the rich get richer
4:50 does make me feel kind of smug looking at my 4 year car loan at 1.5% from late 2021.