@keds_economist: Where did #inflation come from? I give a history of today’s problem. #pandemic #unemployment #unemployed #covid19 #jobless #prices #economy #thefed #economics
Thank you so much for this video! Saving this for my high achievers in the Macroeconomics unit of my hs class… wondering which parts to cut/how to distill the rest further for my struggling learners.
2024-09-13 08:35:14
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JustJoe :
It’s great seeing you so giddy with excitement!
2024-09-13 18:13:40
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ronstimpson332 :
We are still over stimulating the economy by running a $2T budget deficit!!!! Thats 6% of GDP. Government gone wild!!!!!!!!
2024-09-12 21:56:32
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DazzlingDaz55 :
Britain here: It warms my heart to know that there are still people as smart as you in the US
2024-11-24 22:50:18
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boomerKrone :
What always amazes me is how these checks and moratoriums are seen as easy street for the recipients!!! That they are bums and this was inflationary.
2024-09-15 17:20:36
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Zeezeedot :
Great recap. Steering a big ship that’s slow to turn and you can only look in the rear view mirror - it’s hard - but because of your narrative I’m now seeing it as fairly well done
2024-09-12 21:45:00
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elendru :
Great explanation. I notice absolutely no mention of the President’s role in this. My contention is they have almost no impact on inflation or the general economy,
2024-09-12 22:06:23
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MangoJeffVB :
I hope I live long enough to read books about how the post-pandemic period shocked the labor market and redefined acceptable working conditions. Maybe employers raised prices until they could
2024-09-12 23:07:30
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Orin Skramstad :
Just a question. Is there a term for wage increases year to year?
2024-09-12 20:49:44
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evaneezerscrooge :
while I love the content without a part II have you considered showing trend graphs along with your voice over? incremental production value could be worth it. also huge fan of the DIY Bob Barker mic.
2024-09-12 21:23:29
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walt_tiktoker :
Thoughts on DOJ cases coming out about antitrust and algos that fueled price increases in certain industries?
2024-09-13 08:04:14
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tim_lee23 :
Have wages really increased over inflation? I don’t know anyone who got a 9% raise?
2024-09-12 22:04:52
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cyborgljunk :
so question, since I'm dumb, why is deflation a bad thing? if wage growth can never seem to keep up with inflation, why can't prices drop to accommodate that imbalance?
2024-09-12 21:10:18
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JJ🐾 :
So how do the record profits these companies made factor in??
2024-09-12 21:15:49
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Alan G :
Excellent. For the youngsters, a similar summary of 78-82 might be eye opening.
2024-09-13 02:34:29
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Grace :
thanks for posting. every time i watch your videos i learn so much!!
2024-09-12 23:33:47
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warmheartspace🔻 :
how can you be confident that corporate greed is not a major contributing factor to high prices when they're posting record profits every quarter?
2024-09-12 21:59:25
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Bman in boston :
“They saw an opportunity and took it, but they weren’t able to sustain it”. Perfectly said. They did what businesses will do. Love your content
2024-09-13 10:14:48
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Bearriver4 :
My other question for a tik Tok would be: how much influence or control does any one president have over the economy! Thanks for considering!😃
2024-09-13 02:07:24
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Bearriver4 :
What about costs of services like car repairs or plumbers, etc. Will those prices go down or we have to adjust to higher costs and budget better?
2024-09-13 02:04:15
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user5091317272072 :
Great job. Enjoyed the analysis.
2024-09-12 22:45:33
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dastevens :
Thank you! This is an excellent explanation!
2024-09-12 22:12:17
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warmheartspace🔻 :
also, basic question. what do the numbers mean? 9% inflation means that things will become 9% more expensive this time next year if inflation continues at 9%?
2024-09-12 22:00:30
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Lin-say A :
This is the best explanation. People forget all the things that went wrong to cause inflation.
2024-09-17 21:45:06
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Space Station Alpha :
All of your videos are extremely informative and well-delivered. I would love to hear you talking to Kai Ryssdal some evening when I’m listening to Marketplace .
2024-09-14 09:55:56
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Cautiously_Optimistic09 :
can the market basket substitute a smaller serving size? thus not accounting for the shrinkflation?
2024-09-13 20:44:12
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@shedde :
Wonderful recap especially loved the way you down played the affect of things like greed inflation. The Fed has gotten better over time. Also Congress actually did the right things. Amazing
2024-09-13 15:18:18
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barryonic :
@Barry Baldwin: The FTC alleges that a price-fixing scheme between the former Pioneer Oil CEO and OPEC caused 27% of the inflation in 2021. Thoughts?
2024-09-13 12:01:24
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Dan H :
Excellent summary, thanks for this!
2024-09-13 11:21:55
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GeoffStephenson 🇺🇸 :
Masterfully done! Thank you for this!
2024-09-13 09:39:41
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brice :
I guess a corner stone of a stable economy is strong public health functions
2024-09-13 06:05:51
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lilRichardSeddon :
Love how you communicate these hard to understand ideas!
2024-09-13 05:57:37
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Brad :
when I received my degree in business in 88 full employment was 6.5%. How/When did it move to 4%?
2024-09-13 03:05:05
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Carl_Nelsnow :
Great analysis! Mr. Global pointed out that Trump signed a TWO year deal with OPEC in April 2020 to cut production. Wasn’t this also a driver of inflation in 2021 and early 2022?
2024-09-13 02:51:19
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Happy Lil Pill :
fascinating, thank you for educating us!
2024-09-13 01:25:16
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Y_2_K_4_U :
Thank you for posting this information. I never really understood what they meant by inflation.
2024-09-13 01:12:48
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✨Nathan✨ :
Neat! So what’s coming next? Is my job gonna start paying me more or will groceries permanently cost more relative to my salary?
2024-09-13 00:55:26
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tmac_4444 :
Thanks for this. I wish I could force every republican to watch it.
2024-09-12 23:58:11
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goodolphin8720 :
Appreciate you explaining that so concisely
2024-09-12 23:48:25
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elendru :
yet they all brag when it’s good and blame others when it’s bad. Especially during election campaigns. Can you weigh in on the direct impact any presidency has on the general economy at any given time
2024-09-12 22:07:49
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David :
It feels like housing went up 50% even while overall inflation was up a steep 5-10%. Why? Or is my perception not accurate?
2024-09-12 21:50:52
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INTPMann :
In your previous TikTok you mentioned that economists don’t have useful language for talking about degrees of inflation and deflation. How many degrees are we talking about?
2024-09-12 21:40:16
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Mvllscott :
elegantly explained as always. I also see good questions in the comments - a compliment that means you helping people understand and question things. Well done!!
2024-09-12 21:22:25
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ivanamadrigal38 :
😆
2024-11-14 19:58:41
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Jim Maiullo :
what about increased corporate profits at the same timr high inflation?
2024-11-10 15:35:27
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Lingprof :
Great video! how much can we expect this experience with covid/pandemic induced economic crisis to generalize to future crises or potential recession inducing disruptions?
2024-09-30 15:00:14
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Katherine Barbosa472 :
I love learning from you!
2024-09-29 13:05:26
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Eric Johnsen :
Thanks.
2024-09-20 23:53:18
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Junos_Mommy :
Excellent recap! It sounds like supply chain disruption and shocks in demand are the primary reasons. In the latter part of 22 and 23 people also had money to spend after staying home for so long.
2024-09-19 04:29:39
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