Duck Tales Inflation Lesson
An episode οf Duck Tаlеѕ dealing wіth thе unenthusiastic consequences οf inflation. fοr more information visit www.mises.org www.blogsmonroe.com
An episode οf Duck Tаlеѕ dealing wіth thе unenthusiastic consequences οf inflation. fοr more information visit www.mises.org www.blogsmonroe.com
It didn’t bore me, but then, I’ve always been a nerd, so I don’t know how “normal” kids felt.
Some news tales are informative–especially the human interest tales. And then there’s the comics.
heck, a cartoon that in fact educates. Hope it doesnt bore the kids
The best way to define is to demonstrate. Mises couldn’t have clarified inflation better himself. Excellent work duck tales, perhaps I’ll show this to my Senator. It’s not probable, but even he could learn a simply concept in ONE LESSON.
Most of it is mindless propaganda anyways, you’re not missing out. Alternative media gives you way more real news.
Im laughing with tears of sadness, Bah-HOohh hoh
I remember when a newspaper was 35 cents in the early 90s. Now it’s $1. I don’t buy newspapers anymore.
I despise economisttic nerds…you are broke and you reckon you know everything about money…you should read some Kiyosaki books
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you reckon the idiots who worship TV would in fact be able to learn this simple lesson. But then I look at the average American and remember why they can’t figure it out
I remember this video long ago. And it is sad that is what is going to happen to this country. Not too long off now..
cool!
I like the “I’m in college so I know”, well I AM an economics (as well as Finance) major and db you’re not making much sense either.
In fact, I’ve taken two courses: one specifically on the splendid depression, and the other on fiscal economics. It’s amusing how incorrect you are lol.
Keynesian economics healing our woe’s. ROFL.
Govt debt is separate issue.
Fed Res buys T-bills via private bank intermediary, via Open Market Ops. Fed refunds 100% of profits to Reserves.
Private investors, US and foreign, also buy T-bills. THEY keep interest (have no hope of collecting principal, but global econ now dictates they must buy US govt debt w surplus trade dollars.
Fed Res have a give of owned by private banks, w only trivial public input. Greenspan and Geithner both stated that.
Keep democracy OUT of financl policy is Fed purpose.
Inactive: you obviously have no clue about how money is place into circulation I’ll let you know. by a simple process. The reserves issues the Fed Reserve bonds and the Fed Reserve loans the govt money with interest attached.
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That’s fake, superstition.
Fed lends to PRIVATE COMMERCIAL BANKS in Fed System. Banks have license to make loans = new money, using frac reserve formula, adjusted by Fed.
Lower reserve requirements means banks can multiply larger interest-bearing loans.
“Yes they’ll “kickstart” the economy the same way they did in the 1920s. We all know how that finished. Prime example of Keynesian economics there. ”
1. In the 1920s, there was no mass printing of the American dollar. Hence, inflation/money creation was not a cause of the Splendid Depression; DEFLATION was a huge cause.
2. Prime example of Keynesian economics? You mean…AFTER the Splendid Depression, which helped heal our economic woes.
Day in the life of onesleepykid: Open Econ textbook. Flip to page 91. Read paragraph on the Fed and making money. Type into comment box. Add insult about db0255′s knowledge.
Excellent formula. Except that there’s more than one way to skin a cat and there’s also more than one way to place money into circulation in the US. I’m not at all trying to make this a dick-swinging contest, but fact is that there is MORE than enough proof out there that what Obama is doing is sound economically.
I’m well aware of how money is place into circulation. There’s in fact more than one way, but in view of the fact that you know more than me, you know this already. And you’re aptly, you doubtless didn’t take Econ 101…or go to a college and get a degree, or for that matter pull a Excellent Will Hunting and have a library card. So far, you’ve only shown that you know that fiscal infusions make inflation…other than that I’m kind of confused at why I should be having the argument we’re having aptly now.
Less vital banks don’t have infrastructure. You and I both know that. They may take over, but it’d take a while.
As you stated, the majority of our economy is made up of small businesses. If banks like AIG, Fannie, Free, GM, Ford, Citi, BofA, and Goldman Sachs failed then other less vital banks would’ve taken over. You obviously aren’t even listening to anything I have said so this conversation is over.
Being that you obviously have no clue about how money is place into circulation in the US I’ll let you know. Money is place into circulation by a simple process. The reserves issues the Federal Reserve bonds and the Federal Reserve loans the government money with interest attached. We as taxpayers pay for that interest with the taxes we pay every year. Banks like Goldman Sachs have taken advantage of this as well by getting free money from the fed and loaning as well.
Do you even know how money is place into circulation? You’re obviously sounding stupid aptly now. If the information I would’ve said would’ve came from Econ 101 it would’ve been backed up by research. Delight reckon about what you’re saying. To say I’m trolling in a comment section of a video that agrees with my views is amusing as well. It shows you don’t even know what a troll is because you’re the one trolling.
“then get paid for the interest with our money”…Huh? Give reasons for…cause that’s not aptly at all. It’s clear you don’t know about the current economic situation, and you’re just blathering on about what you saw in the video and from Econ 101….Go away troll.
Except how much do you really know? Money isn’t really too simple to obtain if you knew about the national situation aptly now. Small businesses CANNOT get loans at all. Small businesses make up the majority of the economy in America (right me if I’m incorrect). They (you’re talking the FED, aptly?) made a bailout of the banks because if AIG, Fannie, Freddie, GM, Ford, Citi, BofA, Goldman Sachs, et al. failed we wouldn’t be in a recession, we’d be in a depression. Very simple.
I was not clear before. Spending money (producing money) is not like saving, obviously. The SITUATION we’re in was. Illiquidity, whether it’s massive savings by individuals (not likely at all), or a credit crunch by banks are similar situations: i.e. money is removed from the money give, or does not increase. That the two situations are alike is not my main point; it was an afterthought. Slightly relevelant because when you talked about Plates; Plates saves DRASTICALLY more than us percentagewis
The banks then loan the money back from the government with interest then get paid for the interest with our money. So in essence they’re making it simple for them to make money while screwing the middle class and poor.