@keds_economist: Where did #inflation come from? I give a history of today’s problem. #pandemic #unemployment #unemployed #covid19 #jobless #prices #economy #thefed #economics

keds_economist
keds_economist
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Region: US
Thursday 12 September 2024 20:25:11 GMT
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sheltonianation
sheltonianation :
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
2
just.jozef
JustJoe :
It’s great seeing you so giddy with excitement!
2024-09-13 18:13:40
1
ronstimpson332
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
1
dazzlingdaz55
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
0
novascheller0
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
0
xyx4242
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
72
elendru
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
15
mango_jeff
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
9
skramstad88
Orin Skramstad :
Just a question. Is there a term for wage increases year to year?
2024-09-12 20:49:44
8
evaneezerscrooge
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
7
walt_tiktoker
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
6
tim_lee23
tim_lee23 :
Have wages really increased over inflation? I don’t know anyone who got a 9% raise?
2024-09-12 22:04:52
6
cyborgljunk
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
6
oldschooljoi
JJ🐾 :
So how do the record profits these companies made factor in??
2024-09-12 21:15:49
4
alang139
Alan G :
Excellent. For the youngsters, a similar summary of 78-82 might be eye opening.
2024-09-13 02:34:29
3
grace.m.schmidt
Grace :
thanks for posting. every time i watch your videos i learn so much!!
2024-09-12 23:33:47
3
warmheartspace
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
3
bmaninboston
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
2
bearriver4
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
2
bearriver4
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
2
ih982
user5091317272072 :
Great job. Enjoyed the analysis.
2024-09-12 22:45:33
2
dastevens
dastevens :
Thank you! This is an excellent explanation!
2024-09-12 22:12:17
2
warmheartspace
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
2
lindsaya49
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
1
wadeoden
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
1
acechapman09
Cautiously_Optimistic09 :
can the market basket substitute a smaller serving size? thus not accounting for the shrinkflation?
2024-09-13 20:44:12
1
shedd.e
@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
1
barryonic
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
1
dmhmiller65
Dan H :
Excellent summary, thanks for this!
2024-09-13 11:21:55
1
geoffstephenson82
GeoffStephenson 🇺🇸 :
Masterfully done! Thank you for this!
2024-09-13 09:39:41
1
aklab942
brice :
I guess a corner stone of a stable economy is strong public health functions
2024-09-13 06:05:51
1
lilrichardseddon
lilRichardSeddon :
Love how you communicate these hard to understand ideas!
2024-09-13 05:57:37
1
mrk60us1
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
1
carl_nelsnow
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
1
wellbutrin_unofficial
Happy Lil Pill :
fascinating, thank you for educating us!
2024-09-13 01:25:16
1
n.o.c.l.u
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
1
natedoggsmith
✨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
1
tmac_4444
tmac_4444 :
Thanks for this. I wish I could force every republican to watch it.
2024-09-12 23:58:11
1
goodolphin8720
goodolphin8720 :
Appreciate you explaining that so concisely
2024-09-12 23:48:25
1
elendru
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
1
little_cheeba
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
1
intpmann1957
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
1
mvllscott
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
1
ivanamadrigal38
ivanamadrigal38 :
😆
2024-11-14 19:58:41
0
jimmaiullo
Jim Maiullo :
what about increased corporate profits at the same timr high inflation?
2024-11-10 15:35:27
0
lingprof
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
0
kattie.barbosa.6113
Katherine Barbosa472 :
I love learning from you!
2024-09-29 13:05:26
0
gejsen
Eric Johnsen :
Thanks.
2024-09-20 23:53:18
0
junos_mommy1973
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
0
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