8 Months of Stimulus Just Unraveled

41 000 Көрүүлөр 1,3 млн


  1. Economics Explained
    Economics Explained
    6 күн мурун

    Be one of the first 1,000 & claim your free trial of Skillshare Premium right now! 👉 skl.sh/economicsexplained06211 Watch my new course on Skillshare! *How Not To Suck At Speaking Aussie! (Part 1)* ⬇️ www.skillshare.com/classes/How-Not-To-Suck-At-Speaking-Aussie-Part-1/1324222190

    1. Jaques Studly
      Jaques Studly
      Күн мурун

      @Anthonyq Colosimo I don't really think anyone really knows the answer to that. We live in unprecedented times.

    2. Anthonyq Colosimo
      Anthonyq Colosimo
      Күн мурун

      What do you think will happen? Will inflation push the Fed to raise rates within the next 2 years, Or will the Fed keep rates low for a longer period of time?

    3. Jaques Studly
      Jaques Studly
      2 күн мурун

      @Chris L Taxing the wealthy never works. They just pass the cost on to you and I by raising the prices of their goods and services or lobby for a tax loophole or outsource. There are a thousand things they can do to avoid taxes.

    4. Jaques Studly
      Jaques Studly
      2 күн мурун

      @name isn't dave There are also a lot of leftist economists who aren't interested in supporting the middle class and would be willing to tell lies to get rich. Rob Reich for example. You don't get to be a rich economist by playing for the middle class so it's really a matter of whom you trust.

    5. name isn't dave
      name isn't dave
      2 күн мурун

      @Benjamin Chen Because this dude doesn't know what he's talking about and gets dunked on over at r/badeconomics. There's a reason he makes KGshows vids and not academic papers

  2. A J
    A J
    16 мүнөт мурун

    So people sitting on money is bad and people spending their money is bad. We're Fooooked

  3. Vanquished
    53 мүнөт мурун

    Oh they aren't fighting the economic fallout from covid. This is their push to socialism. They just used covid as an excuse.

  4. L&A Ry Productions
    L&A Ry Productions
    53 мүнөт мурун

    What would happen if you passed H.R.-25??

  5. lancogutten
    Саат мурун

    The sign with "Dogecoin to the moooon!" at 5:08 made me laugh soo hard, lol

  6. Firstname Lastname
    Firstname Lastname
    Саат мурун

    nobody is really talking about this? no

    1. Firstname Lastname
      Firstname Lastname
      33 мүнөт мурун

      @vbddfy euuyt huh?

    2. vbddfy euuyt
      vbddfy euuyt
      Саат мурун

      be enough to cover all the leverage they all had. the solutions to save them are now bordering on the ridiculous and this attempted mask robbery has to come to an end soon

  7. Dumb Ass
    Dumb Ass
    Саат мурун

    Free markets are better than manipulation from the Fed. End the Fed.

  8. Free-Can560
    2 саат мурун

    What are treasury bills, and why are they a low risk asset?

  9. Sean Olivas
    Sean Olivas
    2 саат мурун

    Banks like JP Morgan are sitting on a half a trillion dollars and waiting for a little inflation so they can earn higher interest on the money. Their lack of spending makes inflation impossible until banks unload the cash into the system. Many think this might cause deflation in fact. The fed doesn’t inject the money into the US economy directly.

  10. Rob Read
    Rob Read
    3 саат мурун

    "economist" unironically talks about central "bank" trying to set prices of things throughout the economy by mal-pricing credit...

  11. Lone Wolf
    Lone Wolf
    3 саат мурун

    All things considered the general populace in the us is pretty economically literate and disciplined in this context

  12. Alastor
    3 саат мурун

    All of this was planned and engineered. The virus didn't cause anything to close down, the government mandated the shotgun blast to the economy's knee caps. If they didn't place any mandates, the effects of the virus wouldn't have caused a single solitary affect on the macro economy.

  13. Mike Rubendall
    Mike Rubendall
    3 саат мурун

    YOU'RE going to need to understand a few things. WHETHER OR NOT WE'RE PUTTING CASH INTO CIRCULATION OR TAKING IT OUT OF CIRCULATION IT IS ALL A MASK AS LONG AS THERE IS A CENTRAL BANK. Anybody who knows the Federal reserve prints money but doesn't back it should be able to deduce the reality of that situation. That means they are lending us nothing they just print up the paper and instead of backing it themselves that responsibility gets placed on the civilians which means the money isn't theirs in the first place it's ours which means any value the Federal reserve Bank has came from either theft or slave labor period end of story.

  14. HollywoodF1
    4 саат мурун

    The largest consumer product in the economy- new cars- has been crippled due to the chip shortage. Prices of new cars alone are responsible for a large proportion of the recent inflation index. Clearly this has had a non-negligible effect on the velocity of money.

  15. John Orban
    John Orban
    4 саат мурун

    Ok…let’s be VERY CLEAR. The US Treasury has been ROBBED blind by the corrupt medical establishment, apparently run by Dr. Mengele and his criminal gang at the CDC, NIH, & NIAID. Aided and abetted, of course, by the criminals in Congress who have been making illegal profits from the ridiculous fascist actions that purport to be legislation. The US is a criminal enterprise run by Tony Soprano and if you don’t like it, we have a DRONE for you!

  16. Brian Johnson
    Brian Johnson
    4 саат мурун

    I dont like mass, and been trying to lose it for years, to no avail. I do like math.

  17. Guyfranke
    4 саат мурун

    Distortions are good...they signal the need for revolution of some type whether an economic system or a government that need them to improve a society not just a few individuals ;) CHeers !!

  18. Simon Horrocks
    Simon Horrocks
    4 саат мурун

    The only thing that will burst the bubble is a dramatic rise in interest rates. Low (basically zero) means rich people's money goes into property. Property becomes inflated and hard to get hold of, which means all that "extra" cash in the economy gets sucked up by inflating house or rent costs.

    1. Simon Horrocks
      Simon Horrocks
      4 саат мурун

      Putting up interest rates could cause a crash followed by DEFLATION. There will be no inflation unless society gets restructured and world governments work out how to keep capitalism going without making a few people ridiculously rich

  19. Paul Christy
    Paul Christy
    4 саат мурун

    I love it that the GDP is adjusted upward to allow for "reinvestment" by stimulus. We now have a "$22 trillion economy" - up from $21 trillion a year ago. Wow.

  20. Wolfvale
    4 саат мурун

    This video was horribly done. Oversimplified the simple things. Using analogies instead of plugging in some real numbers to see what we get. Padding the video length by describing what covid life was like. " you know you were there". Why continue to tell us anyway? Leaves the impression that you just wanted to put out a video with minimal effort and research.

  21. Jon Spacht
    Jon Spacht
    4 саат мурун

    So about the lesson clip....what if you’re at a barbecue and they’re cooking shrimp but you didn’t get one and theirs more in the bag? Then could you say “put another shrimp on the barbie?”

  22. john knusson
    john knusson
    4 саат мурун

    pity they could not knit the global communism together with the puppets in canada and new zealand and all around the bankrupt west really. and its a pity they could not sneak in another unbacked digital currency, under the guise of covid payments. its a pity all the plans failed and they will have to sell all those glorious assets to repay it, which still wont be enough to cover all the leverage they all had. the solutions to save them are now bordering on the ridiculous and this attempted mask robbery has to come to an end soon....

  23. Mike Kenney
    Mike Kenney
    4 саат мурун

    Currency by fiat. There’s always an excuse. It always crashes. Always

  24. Fatkelly99
    4 саат мурун

    Basically we all screwed

  25. Yoced
    5 саат мурун

    I’m here to learn how to say gday

  26. Sam Walton
    Sam Walton
    5 саат мурун

    Inflation is not a threat long term. The cost of labor is going down, not up. Economies are still gaining in efficiency and Alt coins are gaining ground.

  27. LiveWatched
    5 саат мурун

    I have may have missed this in the video, but how do you surmise that we're sitting on 'dry powder'? I see inflation spiking due to demand increases, are you suggesting this is just transitory, or perhaps supply shortages?

  28. Holly Stuart
    Holly Stuart
    5 саат мурун

    I watched the Govenors meet with the fed chair who said he was planned to taking the home of all people. After they had just dumped TRILLIONS in Corp elite accounts.. they are not never running the same bank system with the WEALTHY WELFARE RECIPIENTS. As the 98%.

  29. said hossain
    said hossain
    5 саат мурун

    Economic explained for the uneducated lot. lol.

  30. Robert Tarr
    Robert Tarr
    6 саат мурун

    Capitalism is unsustainable and destroying the planet. Capitalism can't handle the crises it created, and society is going to either collapse into barbarism or we will wise up and overthrow the capitalist system to install Socialism.

    1. Robert Tarr
      Robert Tarr
      6 саат мурун


  31. Tj Mueller
    Tj Mueller
    6 саат мурун

    As a "ground floor" type of worker, i can gladly tell you the there is at least some trending toward GDP going up. Of course, now supply is becoming the issue creating a spending stall. Because EVERYTHING apparently had to be shut down at once....

  32. Matt Crosby
    Matt Crosby
    6 саат мурун


  33. George 0R
    George 0R
    6 саат мурун

    I just spent 20 minutes reading comments here, and the topic here is Economics Explained. Not one time that I could see was the word GOLD or SILVER used. HUMMMMMMMMM very interesting. The anchor of economic might, and true value and PM's are not mentioned? It seems the leadership that is taking the sheep to slaughter have succeed in blind folding them as they march them into the butcher shop??? What a demeaning place to have progressed to as societal economic low life's. What a shame

  34. John Whitesel
    John Whitesel
    6 саат мурун

    Savings = Hoarding Cash?

  35. Andrew So
    Andrew So
    7 саат мурун


  36. Curtis Nell
    Curtis Nell
    7 саат мурун

    Too many ads...

  37. Daniel G
    Daniel G
    7 саат мурун

    Simplified explenation: Money pre covid is frozen, money printed during covid is hot. Once everything goes back to normal, you have to factor in the money precovid that was stuck in limbo and the money printed, effectively bursting the bubble when we all wake up and realize that we printed just as much money as we already had.

  38. HistoryRepeatsCubed
    7 саат мурун

    Good explanation of the current economic situation and saturation of cash risk. However, while I respect your idea to make money on Skillshare, with all due respect, you don't sound like a typical Aussie to me. Not even close. I can tell you're Australian (or seem to be) but you just don't have that Aussie twang. In fact, you seem to have that millenial inflection which is a recent thing that, I think, is caused by over-exposure to so many international dialects including many from both the US and England combined with all of the Asian and ME inflections that we constantly hear in Oz today. And there's not just one stereotypical Aussie accent either (never has been actually). There are several interstate and regional dialects as well. If you're simply trying to improve the communication skills of some Chinese doctors or some Indian call centre personnel, then it will probably do just fine; though, if anyone's looking for an authentic Aussie speech coach, I don't think this course will be for them. I may be wrong. It has happened before. Peace.

  39. Peter Erwin
    Peter Erwin
    8 саат мурун

    Well you may get inflation in the US market but the bond market measures the system on a global basis. So current data says deflation. The stimulus affect is only temporary and does not grow the real economy. With stimulus becoming a rare commodity in the future the economy will deflate further. Unless the Fed changes the law to print real money through ubi or modern monetary theory. If they do this we will have hyperinflation. Take into account the Fed has hardly printed any money so far as most was done through QE which only creates bank reserves which is not any money in the real economy. The only real way money is created is when people borrow from the banks. Unfortunately the banks are not lending so the system will crash. Good luck

  40. Metalpazallteway
    9 саат мурун

    Don't forget a key factor in the economy that is Global Warming that can lead as well to other natural disasters. That's a ingredient for consistent disaster and Money panic.

  41. James
    9 саат мурун

    Who would sign up to skillshare to learn a few Australian words

  42. ken ken
    ken ken
    9 саат мурун

    The wistful law ipsilaterally avoid because hardhat unprecedentedly polish qua a spicy orchid. telling, scattered cold

  43. Ryan S.
    Ryan S.
    10 саат мурун

    People aren’t sitting on their cash. They’re paying it all to Joe Biden in massive taxes because he spending us into oblivion. It’s so sad that the American people allowed him to steal the election.

  44. Chris Edwards
    Chris Edwards
    10 саат мурун

    There are 200 Trillion Dollars syphoned away on Tax Havens, so the FED can keep printing knowing that If the Sh*t really hits the fan they can start draining the Tax Haven Swamps, just a pity that the Tax Haven owners control the Government, all Governments?

  45. CascadeCruiser
    11 саат мурун

    My country is going to collapse... I have mixed feelings, and I have mixed feelings about my mixed feelings

  46. Daniel ominous
    Daniel ominous
    12 саат мурун

    Anyone else smell war?

  47. Kubi Kameho
    Kubi Kameho
    12 саат мурун

    Soon EE man will figure out how to make the equivalent to a nuclear bomb in the financial world. It will shake the grounds of the financial sector as we know it, no economy is safe nomatter how stable they are, unless they appease the EE-man and his loyalista by subscribing to his skillshare. Unless they want to risk getting a financial nuclear explotion. A new world order is born. And everyones a aussie.

  48. 1873Winchester
    12 саат мурун


  49. David Rooksby
    David Rooksby
    13 саат мурун

    Paid promotion…. Emphasis on PAID

  50. reversalmushroom
    13 саат мурун

    For all the stimulus spending, the economy doesn't seem very stimulated.

  51. Clarot Chinenies
    Clarot Chinenies
    13 саат мурун

    A guest on The Wall Street Journal Report spoke sometime last week about making over $631,000 in 4months with a capital of $100,000, which made me realize that as a beginner i have alot to learn, so please assist me with any pointers or tips that would help me make this much profit.

  52. Jake
    13 саат мурун

    Economics explained: were fu**ed

  53. Benjamin McLaren
    Benjamin McLaren
    13 саат мурун

    'Queensland Safety Boots'? Are you referring to Steel-Cap Boots? I have Never heard them called that, Though to be fair I do live in Queensland, So meeting other people is a every other week experience for me :)

  54. Daniel Glassmeyer
    Daniel Glassmeyer
    13 саат мурун

    Painting the picture that 50% inflation over the next 20 years when inflation has remained at levels far below that over the last 20 years isn’t a grand reassurance. Explain?

  55. Subzero Arctics
    Subzero Arctics
    13 саат мурун

    Good video, but the pandemic aid is mostly being financed through debt, not printing money (although that’s still a small part of it)

  56. Skylor Beck
    Skylor Beck
    13 саат мурун

    This guy keeps talking about the average person "sitting on cash" but my bank account has three digits, counting the decimals.

    1. Unspecified User #429
      Unspecified User #429
      11 саат мурун

      Quit procrastinating on YT then.

  57. Beverly Brown
    Beverly Brown
    13 саат мурун

    This is very simple - Just give all Americans a $2,000 a month stimulus payment until Delta Delta Variant is gone and you will not have to explain economics.

  58. Patrick Reiner
    Patrick Reiner
    14 саат мурун


  59. Bret Roberts
    Bret Roberts
    14 саат мурун

    Haven't we already had 50% inflation in 2 years?

  60. Charlie Wolf
    Charlie Wolf
    15 саат мурун

    I hope you explained in your classes that Australia is a huge country, and being large, our slang and accents are different from state to state and even city to city. For example, in Sydney New South Wales, we say "I go swimming at the school swimming Pool" (said like "cool"), where as in Adelade South Australia, "I go swamming at the Schoowell swamming poowell" (and no, the extra letters are not silent).

  61. EagleXYZ LibertarianForChrist
    EagleXYZ LibertarianForChrist
    15 саат мурун

    Inflation is theft

  62. tclancy13
    15 саат мурун

    Three causes of inflation - create money, cut taxes, capital gains. Raise taxes and you take money out of the economy, lower taxes and you keep money circulating. The federal government doesn't really spend taxes. It spends whatever it wants. The income from taxes is effectively destroyed. JP Morgan is stockpiling cash so they can make more profit later? Well, tax them at a higher rate so that when they make that higher profit we can destroy some of the money. This reduces the velocity and the supply of money. Higher taxes neutralize 2 of the 3 causes of inflation. It's also the cost of keeping afloat. All this cash now should just be seen as temporary, borrowed from our future selves - to be paid back in the form of taxes.

  63. lee Roberts
    lee Roberts
    15 саат мурун

    fun fact crikey might not be a common australian idion. but they call drugs gear. messing up is, stuffing up, lagging is snitching, cops are screws

  64. lee Roberts
    lee Roberts
    15 саат мурун

    DID I HEAR QUANTITATIVE EASING.... of course we learn nothing from history

  65. Fred Primo
    Fred Primo
    15 саат мурун

    Its true I have more money in the bank that I have ever ever have and I don’t want to spend it. Maybe I’ll put it in real estate. Its not a fortune for you scammers! So look away

  66. Kevin Smith
    Kevin Smith
    16 саат мурун

    This is why Delta will cause another shutdown, they need to keep the velocity of money down. Bait and switch at it's finest, and most sinister. =/

  67. Joseph Stokes
    Joseph Stokes
    16 саат мурун

    Grammar! "Their selling NOT "them selling" as we must have a possessive case personal pronoun in front of a gerund! Did an adult review this video prior to release? Do they speak English? Uhmm? Go do your homework and apologize to your English teacher! Best of luck!

  68. Gerythion Argarys
    Gerythion Argarys
    16 саат мурун

    Get yerself a stubby, mate.

  69. Ohioguy223
    17 саат мурун

    Amc Gme 💎 💎 💎

  70. scot williamson
    scot williamson
    17 саат мурун

    Just buy GME stock and relax.

  71. Left Hook
    Left Hook
    17 саат мурун


  72. Levi Must
    Levi Must
    17 саат мурун

    Where does this site come from? Who's views does it represent? Economics is not neutral, it always represents someone's interests values and politics. Who is the presenter?- doesn't even give a name. Unless you have some background in this area how do you know if anything presented here is valid or even factually true? Am I the only one who thinks this is all weird?

  73. Michael Laurette
    Michael Laurette
    17 саат мурун

    Central Bank Money: Liability, Asset, or Equity of the Nation? 17 Nov 2020 Cornell Legal Studies Research Paper 20-46 44 Pages OBLB categories Financial Regulation

  74. shadowingyou
    18 саат мурун

    "people spending less money" ... One factor was forgotten, they don't actually have that money to spend because the Stimulus checks they get is good enough for only one month of bills and rent/mortgage, maybe not even that. Fear may be the closest thing to explain that because if you don't pay your bills, you lose your stuff.

    1. Jameson Hardcastle
      Jameson Hardcastle
      41 мүнөт мурун

      The love of stuff, that is the problem today.

    2. Midweek Centaur
      Midweek Centaur
      2 саат мурун

      @Qefx just waiting to be told im homeless!

    3. Qefx
      8 саат мурун

      And 6 or 8 million wait for eviction,because they cant pay rent...

  75. 18 саат мурун

    I love how we’re all blaming covid for the economic reset when it was just the excuse politicians and bankers needed to rob the taxpayer again. “It’s nobody’s fault so we need to bail out the biggest institutions and corporations again.”

  76. 18 саат мурун

    The boomers haven’t finished robbing their grandchildren’s future yet.

  77. Charles Sheehey
    Charles Sheehey
    18 саат мурун

    The entire key to this video and everyone's number one concern is summarized in a formula @12:04 When we return to a normal Velocity of Money 1 of 2 things will happen either decrease the total money supply by 33% or have a 50% hyper inflation scenario What will most likely happen will be somewhere in the middle but uncertainty make investors very weary

  78. Cierra
    18 саат мурун

    Next we going to be using hundred dollar bills as toilet paper. Or maybe make wicker baskets with them like Venezuela.

  79. Brandon (@Innomen) Sergent
    Brandon (@Innomen) Sergent
    18 саат мурун

    Or we could just print the money directly into verified (as in double dipping fraud prevention) individual accounts instead of giving it to banks to loan out. #BasicIncome #MintTheCoin

  80. Cierra
    18 саат мурун

    Get rid of the federal reserve.

  81. Pavle Pavlovic
    Pavle Pavlovic
    18 саат мурун

    If i understand this you claim FED is taking back Printed Helicopter money through reverse Repo market ? Thats just not true , what they are doing is oiling up Bank market . That has nothing to do with QE , that is localized in bank system. Making them own the bank system , for if they dont give you that Reverse Repo you might as well close the bank , making them own Crash Banks Button. That has nothing to do with QE, is localized in banking system,

  82. CCP PARTY USA (Crony Capitalist Pigs Party)
    CCP PARTY USA (Crony Capitalist Pigs Party)
    19 саат мурун

    So the "pandemic" that most nations can manage without printing 9 to 12 trillions like USA. Hmmm sound more like US crony capitalist system every time face with economic problems because of corrupted central bankers and gov can't take responsibility but play the blame game.

  83. dboy6400
    19 саат мурун

    Self-destructive vaporbucks.

  84. Leg Ham
    Leg Ham
    19 саат мурун

    Great break down! been trying to understand what is going on for a while with this repo stuff.

  85. Beau Jaco
    Beau Jaco
    19 саат мурун

    wow dude as an aussie that is actually a great idea to make a little course on skill share about how to properly speak Aussie for all the clueless yanks AHAHA

  86. Ravan Pee
    Ravan Pee
    20 саат мурун

    What's with the added value tax/sales tax?

  87. Dillan Geiser
    Dillan Geiser
    20 саат мурун

    Ehhh manufacturing being ran by communists is the problem with humans and economy in capitalism

  88. katey1dog
    20 саат мурун

    Abolish the FED.

  89. Temosa Castillo
    Temosa Castillo
    20 саат мурун

    The Aussie is all about america

  90. The Idol of Exuberance
    The Idol of Exuberance
    20 саат мурун

    Don't these 'economists' ever get a pause when talking about moving other people's money? Us little slaves run around working, while these people manipulate our buying power. Even a kid knows this is stealing and is bad; one has to turn evil in the progress of becoming fine with this.

    1. John Smith
      John Smith
      6 саат мурун

      For the greater good!

  91. Tom Perkins
    Tom Perkins
    20 саат мурун

    I'm surprised YT has not yanked this video. This makes too much sense and presents the insanity of our government's problems with freshly printed money.

  92. Miguel Partida
    Miguel Partida
    20 саат мурун

    Dogeeee toooo thhhheeee MMOOOOOOONNNN!!!!

  93. alopeks in TX
    alopeks in TX
    20 саат мурун

    "It's like a million degrees in America at the moment..." As a Texan, can confirm.

    1. Z Harlo
      Z Harlo
      13 мүнөт мурун

      @Jennifer Rae Fuchek I feel your heat...really do. It’s 93 with feels like 105 on gulf coast Texas 😓 Going up to 109 this afternoon too.

    2. Jennifer Rae Fuchek
      Jennifer Rae Fuchek
      Саат мурун

      @Steven Ray Copley it's currently 91°F with heat index 102°F here 😓 FL panhandle

    3. Steven Ray Copley
      Steven Ray Copley
      2 саат мурун

      It's a balmy 99 degrees here near Texarkana

    4. Jennifer Rae Fuchek
      Jennifer Rae Fuchek
      18 саат мурун

      As a Florida resident I concur.

  94. Curtis Singleton
    Curtis Singleton
    20 саат мурун

    Nothing like dragging out this explanation.

  95. David Moore
    David Moore
    21 саат мурун

    I learned so much in this video thank u

  96. Mr. Patch Plays
    Mr. Patch Plays
    21 саат мурун

    Rich people will always pearl clutch when poor people can pay their bills.

  97. Guy Daley
    Guy Daley
    21 саат мурун

    Video dropped the ball by neglecting to focus on the repurchase planned by the FED. Went through that entire explanation rigamorole and the n STOPPED, when it should have focused on the amount, time frame and WHAT it could mean in the terms of the economy in the US.

  98. Gavin Green Bean
    Gavin Green Bean
    21 саат мурун

    sayiing we couldn't work is not entirely true, we could, if the government hadnt told locked us down with threats of fines or jail time for refusing,..,