INFLATION, Explained in 6 Minutes

Video quality	The size	Download

Information INFLATION, Explained in 6 Minutes

Title	:	INFLATION, Explained in 6 Minutes
Lasting	:	10.07
Date of publication	:
Views	:	1,9 jt

Thanks for being here everyonebrto all the economist watching: I KNOW I KNOW I KNOW there's SOOO much more complexity and nuance to inflation my purpose here is to give the broad intro into the root idea of inflation especially as it pertains to this round of inflation condensing what could be 12 years of higher education into 6 minutes br-Johnny
Comment from : Johnny Harris

Inflation is not raise of the prices It means your currency is less valued
Comment from : Erdem Unal

Capitalism aucks Period It's undemocratic
Comment from : Joshua Gharis

demand for products and not enough products to sell so raising prices on what they have, how do we increase the supply so we can lower the price
Comment from : Charles Stout

Keep the videos coming
Comment from : Lorriane Gougis

Good crash course, thanks Johnny 🙂 You have succeeded where others have failed
Comment from : TheEpinema

Thanks for the misinformation This helps, for sure LOL
Comment from : David Trasch

Ok but nobody gains from this except capitalists
Comment from : Trf Rff

Wish he'd explain the 2007 Great Recession
Comment from : TruthForJustice

I lost over $70K when everything started to tank because Not because I was in an exchange that went belly up I was just stupid to hold and because that's what everyone said I'm still responsible It just taught me to be a better investor now that I understand more of what could go wrong It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $9k profits weekly Thanks so much Mrs Desiree Madison
Comment from : Joseph Ammon

is this not supply and demand?
Comment from : Robert Petrey

How did the price of movie ticket go up from your analogy about too much money and not enough supply? Doesnt make sense So maybe there is another explanation Oh wait yes Monopolies and copperate greed You should do a video on that
Comment from : James Zambo

Less products and more money is a result of inflation However , inflation is the expansion of massive quantities of money
Comment from : Juan Baez

Inflation - massive government debt That is the ONLY definition That didn’t take 6 minutes
Comment from : cuzmariosaidso

There is no free money
Comment from : قناة الحقيقة

Canada u didnt get money if u didnt work recently
Comment from : Dothelukasz Killchain

If he has no more bikes he should just buy more with the money he made?? And sell again just like drug dealing 🤔
Comment from : Dothelukasz Killchain

I learned so much in one video!! 😄
Comment from : mokgantso koto

Last I heard about 60 of the inflation was profit taking by our corporate buddies And recessions, in my experience, is just a way to kick down and consolidate more wealth at the top You did get the official Econ 200 message down pat though Like your videos, but I think this is just more financial propaganda And the Fed is not concerned about anything but bank health and profits Inflation is just a good excuse to crack down on the folks punching a clock
Comment from : JT McGinnis

Question: If the economy is growing and everyone is happily spending money, it means that the demand is high for different products When demand is high the shop owners increase their prices In other words, the same products are being mass-produced but the price keeps steadily increasing because people are buyingbrbrWhen all oil countries decrease their production the Oil price increases There is a limited amount of supply brbrWhen bike stores as in this video can't supply enough bikes they produce more and increase the price brbrWhy can't oil countries increase oil production and simultaneously increase the price of oil?brbrHappy if someone can make me understand the logic here, the two examples are in conflict with eachother
Comment from : S K

Great video thanks a lot
Comment from : Indranil Gayen

I came to this video after watching Mr Beat’s commentary on itbrbrI feel this video assumes there’s only one cause of inflation, and even defines inflation that waybrbrIt’s fine to only focus on one cause, but to give the impression that there’s only one cause is not honest
Comment from : Andrew Grimm

Managing resources and making good returns is not as easy as it seems, there are a lot of things that aren't well taught in schools The market crisis gave me my first returns, when people stayed away from hard times I made the most of itmany credits goes to Sir Trevor James Beckerman
Comment from : Jorg Miller

What if corporations raise their prices more than demand and what happens when demand drops and prices don't? I think that's probably some of the nuance corporate profits at an all-time high
Comment from : Dig Dug

This is just SO inaccurate I know you make a cute lil comment saying “stop being mad I can’t condense a whole degree into 6 minutes” but you genuinely should have researched this much further The definition of inflation was incorrect, that is only one scenario that can lead to inflation(notably a different one than America experienced during the pandemic!) Hell a single planet money podcast could’ve given everyone a much more accurate idea of inflation I think it’s dangerous to give this insanely off base description of something that many people don’t understand and are afraid of
Comment from : Gales Adventures

LOL, do you ever heard about overproduction? It is main problem of modern capitalism They literally fighting for customersbrSo you explanation total wrong, expept if you explaining from 18th century
Comment from : NKN82

end the fed
Comment from : rangutango

Okay this is good, but With inflation running at a four-decade high, a Recession is now the ‘most likely outcome for the economy How can I grow my portfolio to outpace inflation and maintain a successful long-term strategy? I have been reading of investors making about $250k profit in this current crashing market, and I need ideas on how to achieve similar profits
Comment from : Deborah Clark

The reductive and simplistic view of economics that doesn’t actually help understand underlying systems and how they work, but rather just simplifying a topic that he clearly doesn’t understand beyond grade 7 levels, at least here in switzerland, is what we have come to expect of his pseudo journalism that is about simplifying and bending the facts and history in order to create a narrative, and creating narratives about economics that only present basically laisse-faire capitalism as the only possible version of economics
Comment from : Sasha ig

Inflation is usury
Comment from : Reda

you have to study Austrian economics! Inflation (monetary inflation) is easy, is the increase of money supply All of you are talking about is price inflation, which a complex result of human action and monetary inflation The Fed are working for profit! And are the main culprit of the boom-bust cycle Inflation is really bad for all of us (even in small dosis), is a hidden tax The only beneficiaries are the Fed, who charge interest in money created out of thin air, and the government who has access to that fountain of newly created money, which they use it to pay all of their expenses , for example war, instead of having to raise taxes
Comment from : Norman Vásquez

"more money in the economy"brIs that "more money" in this room? Unfortunately it's not in mine Nor in my bank account
Comment from : João Santos

I cant believe ppl believe this garbage Inflation is caused by a private corporation [federal reserve] that keeps printing notes that are worth nothing and backed by nothing If our money was still backed by gold and silver they couldn't just keep printing it unless the gold was there to back it I can buy today with a silver oz the same as you could buy with a silver oz 75 years ago Let's get back to real money and end these corrupt bankers
Comment from : Rob

Thank you for this wonderful presentation as an eight year old now I understand the difference between inflation and recession
Comment from : THE MOVIE USHER

"we look at other things"
Comment from : Hostile

Why have artificial housing inflation? It is in most places here to trick growthbrbrBuild up your country!! You can do it! Lots of people everywhere want it
Comment from : Hostile

2:54
Comment from : Brynx

Please read it until the end: The fall of the economic hegemony of the USA has begun, the dollar loses value in the international market, which causes inflation in the USA to increase every day and as a consequence causes the bankruptcy of many companies and industries in the world causing an increase in unemployment but most worrying of all is that it is not only the economy of this country that is in danger but also its Democracy, insecurity has increased a lot in recent years due to the legal use of weapons in that country, a serious error of the Democracy of the USA, the gender ideology is reaching the schools to continue indoctrinating our minors with the worst depravities, that there can be, in addition to drug trafficking and the number of corrupt politicians who do nothing to change this serious reality of the country, interest rates have also increased, along with unemployment and foreign debt that also continues to increase, this is unfortunate, every day China and the Brics countries outperform themselves in many areas and we only see every year how capitalism The US is weakened against the countries of socialist ideology or of the communist left, which could make the countries that are rich today, considered first world countries, the capitalists end up poor, and the socialist countries that the only thing that this political ideology has brought to the world are prejudices, which would mean that every day we get closer to a new economic, political and social order in the world, led by countries that are not democracies but dictatorships
Comment from : Jason Martinez

It wasn't really explained why businesses have to raise prices when demand is greater than supply I guess it has to do with stable income The sudden rush of profit from selling out all products, doesn't guarantee that those profits will last in the long term by providing a savings cushion for the lean times With that in mind, they sell what meager amounts of product they can produce for a higher price, in anticipation of selling out again and having nothing to sell once more?
Comment from : Violet Christophe

I love you
Comment from : Juls B

You didn’t really mention the printing of money A Pound Sterling literally used to be 1lb of sterling silver You can print lots of money but there’s not any more silver, so now a pound is worth like 1/283 of a pound of silver
Comment from : domhamai

I don't see how the retailer can arbitrarily put his prices up if it's not costing him more for him to buy his stock
Comment from : M Perks

Thank you brother Could do one on mortgages?
Comment from : deanie2477

Your definitions are incorrect and thesis is wrong Feel free to reach out to me to discuss Thank you
Comment from : Nick Sarap

Those of us that we working barely got any money I got $300 total while unemployed waiters were getting $2000 a month Like how was this possible?
Comment from : OneAdam12Adam

I like he missed the real definition of inflation
Comment from : Damsgaard

Okay this is good, but With inflation running at a four-decade high, a Recession is now the ‘most likely outcome for the economy How can I grow my portfolio to outpace inflation and maintain a successful long-term strategy? I have been reading of investors making about $250k profit in this current crashing market, and I need ideas on how to achieve similar profits
Comment from : Richard Carlett

Ok, I’m confused How does raising prices meet needs?
Comment from : Ramona Baker

Best explanation I heard so far thanks bro 🙏🏾🔥
Comment from : Royal Youth

THEY CAN JUST DO THE SAME THINGY WASTING PAPER MONEY
Comment from : Plays Games

This is great man The visuals actually were really helpful
Comment from : Brendan McPike

Minor correction The stimulus checks were not free money We paid for them with our taxes
Comment from : Someone Else

Please do not use WTF: you are not gonna get more views just because add this in thumbnail
Comment from : irfan zq

Wonder why he didn’t mention what caused the situation in Venezuela?
Comment from : TW Howl

Ahhh I’ll give this video a 48
Comment from : Logangil515

Warren Buffet said, the S&P 500, if one sticks with it, outpaces inflation by many percentage points I just want my money to keep outgrowing the inflation rate That is why I'm looking for companies now to put in $80k for a start Just don't know how to proceed
Comment from : Addilyn Tuffin

It surprises me why everybody gets really worked up about inflation and inflation data Inflation has always existed, and people have been using investments to beat the inflation The stock market return, for example, always beats inflation I heard of someone who invested $121k last October, and has grown the portfolio by more than $400k I need recommendations that can give me similar return
Comment from : Esther

The inflation is not the Rising of prices, is the devaluation of Your adquisitive power
Comment from : Martin

I feel like I can solve inflation You guys want me to do it?
Comment from : Jet Single

Umm the federal reserve is privately owned 🤔
Comment from : Sophie Heather

Seriously though, when have you ever actually seen prices lower overall?
Comment from : Erickson

If you have time please make a video on economic deflation please
Comment from : The Fishing Experience

One thing I took away from this is that it seems that recessions are sometimes necessary?
Comment from : CensoredMercy

With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chairman Jerome Powell has told a House of Representatives committee
Comment from : Noura El

Johnny, you're so smart Thanks for taking the time to explain I can actually remember this and share it to others
Comment from : m thomas

Also the FED is not run by the govermant, the FED is a private central bank lololol
Comment from : V0id THRASHTILLDEATH

Exactly like zimbabwe
Comment from : Dylan chakanyuka

So basically COVID was created and used as an excuse so that inflation could happen
Comment from : Sophia T

Thank you I love your videos! Recently started watching your videos
Comment from : Jose David Orellana

THANK YOU! Now I get it
Comment from : lillyraelene

What if we all pretend there's no more inflation
Comment from : Ghaith Mbarki

This is pretty much misinformation, I think you should explain the nuance Most of the welfare money went to business owners, you didn't complain about that Given your reach, you should have made a better video
Comment from : JordanPeterson SucksMonkeyButt

Inflation is simple Its a function of supply and demand curves for unbacked fiat currency The more of something you have the less demand for he thing the less its worth If cash becomes less valuable prices go up
Comment from : H4TCH3TT

This is why you should have left this to professionals But I guess this video made you money so ☘
Comment from : in favor of democracy

Quantitative easing not a factor?
Comment from : Gelgoog J

FED is not run by the government, in facts they are private owned bank
Comment from : Rony Finster

Currently I'm just being smart and frugal with my money, I'm in the green 47 over the last 23 months and l've accumulated over $700K in pure profits from DCA’ing into stocks, ETFs, dividends and futures However I’ve been in the red for a month now I work hard for my money, so investing is making me a nervous sad wreck I don’t know if I should sell everything, sit and just wait brRead more
Comment from : claire Nymans

Exactly the same happened in the UK, Germany etc
Comment from : Caroline D

Great video thanks
Comment from : Bernhard Smuts

A great expiation and nice style of delivery, Thanks for putting in the work keep up the good fight Best regards V
Comment from : Leonidas

Bit perturbed by your use of movie tickets as reasonable or good inflation Haven't they basically quadrupled relative to earnings?
Comment from : Felix Le Freak

Printing money is the elephant in the room which was never mentioned That is the main reason for inflation Print money that has no value behind it devalues our money proportionally
Comment from : Jason Green

That was awesome! Been wondering how it worked for so long Thank you!
Comment from : Samantha Edwards

20 of inflation is caused by supply and demand!brbrThe rest is caused by corporate greed, raising prices because they could get away with it And having monopolies, buying out their smaller competitors
Comment from : Me No Other

So, the government's fault
Comment from : Seng Sumlut

Pennies are worth more as a material than as currency
Comment from : 96ace96

What if instead of raising money, they double production, that would be better for the seller, for customer, more jobs, producers get richer less expensive productsbrI'm i wrong ? Or raising prices better ?
Comment from : Simo •Dz•

After watching this I now want a one+ hour explanation of inflation
Comment from : Michael Nguyen

This guy is hilarious Loved the explanation though
Comment from : Xeik

I kind of feel like inflation in small bits is a good as being impaled very very slowly ,so slow that you don´t notice it enough to care
Comment from : Francisco Cruz

I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run
Comment from : Riggs Nicole

The market and the Fed consistently underestimate the sticky nature of inflation The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $401k worth of stocks?
Comment from : Shelly lofgren

Make a video on Investing in Gold! And why it's advised to do so!
Comment from : Evolving Flame

BULLSHIT!
Comment from : Kedrick Stahley

lol to not even mention quantitative easing and how much money has been printed since the GFC is ridiculous Basic, basic, basic economics: supply and demand When you print over 80 of all the dollars in existence over the span of the last three years, what do you thinks going to happen to how much money is worth? Johnny Harris is deceptively reductive in his explanations of numerous topics and talks a lot without really saying anything - cool edits though
Comment from : Archie