https://political-economy.com/can-money-be-neutral/ Neutral Money is a Myth 1)The Fed lowers the interest rate artificially creating Trillions of dollars "Out of Thin Air" 2) Money goes to the "first receivers" and then trickles down through the banking system to the "last receivers" 3) This Non-Neutral Money perpetuates inequality
What if the Fed did the opposite? If Monetary Policy the money over the last 100 years would go to the poor or middle class first than pennies to rich, what would be the effect on income distribution? Money is not neutral and the transmission mechanism for monetary policy exacerbates the Gini coefficient. I can not prove this is the primary cause for inequality but it is a cause. More research needs to be done into this relationship. https://mises.org/library/theory-money-and-credit ... https://www.youtube.com/watch?v=kwzHqVtgsko
The Russian interest rate, the Russian gold standard, and the Russian debt-to-GDP ratio are all addressed. Why is the Russian ruble and economy entering a phase of rapid decline? And why the world will be a better place after a phase of monetary reformatting of the Russian economy.
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https://www.youtube.com/watch?v=SV1_hWyxMTM
The Pros and Cons of growing up during the Great Depression of the 1930s. What was it really like? This is a personal account based on my parent's experience.
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https://www.youtube.com/watch?v=3zH96zr2lak
Tax incidence is the division of the burden of tax between the consumer and producer or the buy and seller in the market. This video explains who to identify this. Further, it explains how to determine deadweight loss and tax revenue in micro and maco economics in the context a tax.
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https://www.youtube.com/watch?v=xnI0NybhJTs
A strategy for investing in Cryptocurrency e.g. Bitcoin or Ethereum. from an Economics Professor. Do not invest a lot or all at once.
Bubble or beginning of the S-curve it does not matter, these are some ideas that will help you with risk mitigation in any market, and with a little luck, give you are return you can take to the bank.
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https://www.youtube.com/watch?v=neOUvq1wmHE
https://political-economy.com/
The US Federal Reserve uses models to describe, predict, and steer the US economy through monetary policies. There is only one issue. Their models are wrong. Their models are based on aggregate time-series data and less accurate than weather forecasts.
For example, Fed/ECB targets PCE headline inflation at 2%. This is one measure they use in the models to macro engineer the economy and ultimately your economic life to some extent. Yet here is an example of an academic article that shows deflation is a symptom of a healthy economy. This contradicts the Fed Mandate of a 2% inflation target and the Dual Mandate.
https://link.springer.com/article/10.1007%2Fs12113-003-1007-1
Salerno, Joseph T.
PY - 2003
DA - 2003/12/01
TI - An Austrian taxonomy of deflation—with applications to the U.S.
JO - The Quarterly Journal of Austrian Economics
I cite others in my video and can reference those if you like.
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https://www.youtube.com/watch?v=yd7LyTdT6Vo
BRICS replacing the Dollar as the leading currency in the world is unlikely. Economists do not see this as a viable alternative to the USD. The reason is the economies and currencies that represent it are in relative decline to the US or the European Union. Russian monthly salaries might be 30k Rubles, which is 300 dollars monthly.
The BRICS nations, an acronym for Brazil, Russia, India, China, and South Africa, have distinct national currencies. Below is a formal listing of the currencies of each of these countries:
Brazil: The official currency of Brazil is the Brazilian Real, abbreviated as BRL.
Russia: The Russian Federation uses the Russian Ruble, with the abbreviation RUB.
India: The Indian Rupee is the official currency of India and is abbreviated as INR.
China: The People's Republic of China employs the Renminbi as its official currency, commonly known as the Yuan and abbreviated as CNY.
South Africa: The official currency of South Africa is the South African Rand, abbreviated as ZAR.
However, the decline of the Ruble is making BRICS a pipedream. And in my opinion, the world is better without BRICS because these countries do not represent free democracies for the most part.
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https://www.youtube.com/watch?v=a3f2_GE5toc
This is a personal experience, with a moral to the story. Who are the Russians in Ukraine and what do they personally want? I think based on personal experience, I have a pretty good idea.
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https://www.youtube.com/watch?v=XOll4yOKKPE
There is a basic point people are missing when they study economics.
#sustainableagriculture #africa #poor
Economics is not just about abstract theories, it is about people and how they deal with surviving. People are not textbook ideas. They need to grow food and have a level of self-sufficiency before they can do great things. A government can not legislate self-sufficiency. It often has to do with the environment. The good news is as the world starts to learn more about sustainable agriculture, we can help make a real difference in people's lives. We can change the world not with debates about 19th-century economic theorists, but through education and action that help individuals support themselves. When they have abundance in the primary sector they can unlock human capital.
https://political-economy.com/
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https://www.youtube.com/watch?v=dOCR9qkZe2w
This video explains why the demand curve shifts. The 5 shifters of the demand curve. This is for macro and micro economics. Understand this a movement of the curve, rather than a movement along the demand curve. For example, if price is constant what will make people demand more of something at any given price.
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https://www.youtube.com/watch?v=-wSWFV6vEeg