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austin powers

learn monetary inflation even high schoolers can understand (animated video) - Professor Savings

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Professorsavings (http://professorsavings.com) teaches finance basics online. What is a monetary inflation? Welcome to Professor Savings We teach finance basics Hi I’m your host today Rayfil Wong monetary inflation is a sustained increase in money supply lets take an example Unicornville the country lets add up all the commodities commodities are item produced to satisfy wants or needs. pigs cow buildings cars is worth $1 million dollars (austin powers) and has $1 million $ 1 dollar bucks circulating in the market or circulation you can buy a let’s say a house for $100 but Unicornville, the government but let’s say the government decides to printed an additional $1 million $1 dollar bucks so there is now $ 2 millions in the market so now things cost twice as much so houses cost $200 $apples are $4 a pound instead of $2 a pound sum in up Unicorn vill has has $2million dollars or twice amount of bills but has half the purchasing power printing of money controlled by Unicornville bam!! that simple why should you care? if you are aware of the monetary inflation you can plan better financial future If you would like to learn more about finance basic susbcribe to our channel now Professor Savings Signing off! Thanks for joining us. Please help us grow. +subscribe +like +comment +share Note: if you would like to request any finance topics to be taught, send us an email at support@professorsavings.com thanks Professor Savings