What Causes Inflation?

Why Are White Farmers Losing Their Land In Zimbabwe? - http://testu.be/1e07uOA Subscribe! http://bitly.com/1iLOHml In Zimbabwe, inflation was so bad that the government offered $175 quadrillion Zimbabwe dollars for $5 U.S. dollars. So, what is inflation? Learn More: Zimbabwe offers new exchange rate: $1 for 35,000,000,000,000,000 old dollars http://www.theguardian.com/world/2015/jun/12/zimbabwe-offers-new-exchange-rate-1-for-35000000000000000-old-dollars “Zimbabweans will start exchanging “quadrillions” of local dollars for a few US dollars next week as President Robert Mugabe’s government discards its virtually worthless national currency.” The Chicago question http://www.economist.com/node/21559622 “MILTON FRIEDMAN, who would have turned 100 on July 31st had he lived, remains as relevant now as he was during his long life.” What is inflation and how does the Federal Reserve evaluate changes in the rate of inflation? http://www.federalreserve.gov/faqs/economy_14419.htm “Inflation occurs when the prices of goods and services increase over time.” Nothing for money http://www.economist.com/news/finance-and-economics/21643205-introduction-new-coins-triggers-debate-about-what-currency-use-nothing “AS INFLATION climbed towards 80 billion percent in 2008-09, Zimbabweans abandoned the Zim dollar in favour of the American one.” Subscribe to TestTube Daily! http://bitly.com/1iLOHml _________________________ TestTube News is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubenews Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq Special thanks to Evan Puschak for hosting TestTube! Check Evan out on Twitter: https://twitter.com/TheeNerdwriter/media

Comments

1. Insurance artificially inflates the costs of health care and everything to do with automobiles. Student loans artificially inflate tuition and textbook costs. And so on. In other words, artificial manipulation of the Law of Supply and Demand causes inflation.
2. Need to go back to gold standard
3. Need to go back to gold standard
4. 'Tightly regulated by the government'
   
   lol M2 is projected to increase by 20% by 2020 (USD) lol
5. This is a bad video. Didn't really explain what causes inflation. Increase in purchasing power and decrease in productivity.
6. 3:12 he kind of starts sounding like Oprah at this point
7. My stupid Economics class has us doing a project on inflation. FOr some reason, it seemed much more simpler when i was little. #schoollifesucks
8. Federal Reserve Bank - The Biggest Robbery Ever Enacted Upon The American People.
   INFLATION and all that economic games are done by the ELITES who control the economy.. Also known as the group ILLUMINATI with members like David Rockefeller , Henry Kissinger, Chairmen of FED = Ben Shalom Bernanky, Jacob Rothschild and Dupont and more of them... SATANIC WORSHIPERS.
9. Hold on isn't that the nerdwriter
10. Gosh i feel stupid.. economics is my weakness! Im determine to learn everything about it.. No wonder why bankers and corrupt politicians get away with so much.
11. Gold never inflate, the reason that it is not use as corrency today is that governament can't print it and give it to himself
12. What are you saying man, give subtitles at least...
13. in ten years ago 600k turkish lira equalent to 1 dolar
14. left wing governments inflate economies
15. @seekerdaily Sorry?!? people in Zimbabwe use pens and bubble gum for currency??? erm that must be a joke right? did I mishear that? I'm from the south of Zimbabwe and we use currency for currency, foreign currency most of the time. if you still think that gum can purchase goods in zim; I'm chewing some gum now, I will gladly give it to you once I'm finished. Maybe you can use that to try and buy a beer if you are ever in town.
16. I've got a bit of a hypothetical..
    
    Let's say a fascist style economic system (state control over business) was to occur, in an attempt to stop inflation when it was already skyrocketing, couldn't the government just majorly decrease the amount of money make, restrict buying rights (temporary) and pass laws for the maximum cost of goods?
    I look forward to seeing other people's thoughts on this.
17. Gold only has value because we believe it too. Gold doesn't have any special universal value. We give gold value and then assign it to money. Now we just skip the gold step.
18. The Federal Reserve QE program will destroying the middle class and disastrous catastrophe consequences around the world. The next generation will a huge amount of debt they have to pay because of this generation decision.
19. thankyou so much ;)