Turkey Needs To Save The Lira, Here’s How (ft. @Into Europe)
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Check out Into Europe's channel here: https://www.youtube.com/intoeurope
If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
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△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/blog
Timestamps:
0:00 - introduction
4:17 - Why is it Broken
13:23 - Fixing The Lira
16:44 - Political Reality
17:43 - Final Thoughts
Attribution:
Icons: Roundicons
Neon sign from: https://www.neonlights.be/discount/M&M15
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)
Studio designed by Alex Moore Via http://www.dmsquaredagency.comПоказать больше
Check out Into Europe's channel here: https://www.youtube.com/intoeurope
If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/blog
Timestamps:
0:00 - introduction
4:17 - Why is it Broken
13:23 - Fixing The Lira
16:44 - Political Reality
17:43 - Final Thoughts
Attribution:
Icons: Roundicons
Neon sign from: https://www.neonlights.be/discount/M&M15
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)
Studio designed by Alex Moore Via http://www.dmsquaredagency.comПоказать больше

активный
Turkey Needs To Save The Lira, Here’s How (ft. @Into Europe)
Invest in blue-chip art for the very first time by signing up for [...]
Invest in blue-chip art for the very first time by signing up for Masterworks: https://masterworks.art/moneymacro Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, and more. See important Masterworks disclosures: https://mw-art.co/37WwvbD and check out their current offering on the platform.
Check out Into Europe's channel here: https://www.youtube.com/intoeurope
If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/blog
Timestamps:
0:00 - introduction
4:17 - Why is it Broken
13:23 - Fixing The Lira
16:44 - Political Reality
17:43 - Final Thoughts
Attribution:
Icons: Roundicons
Neon sign from: https://www.neonlights.be/discount/M&M15
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)
Studio designed by Alex Moore Via http://www.dmsquaredagency.comПоказать больше
Check out Into Europe's channel here: https://www.youtube.com/intoeurope
If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/blog
Timestamps:
0:00 - introduction
4:17 - Why is it Broken
13:23 - Fixing The Lira
16:44 - Political Reality
17:43 - Final Thoughts
Attribution:
Icons: Roundicons
Neon sign from: https://www.neonlights.be/discount/M&M15
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)
Studio designed by Alex Moore Via http://www.dmsquaredagency.comПоказать больше

активный
Is Afghanistan's Resource Rich Economy Stuck in Poverty?
Go to https://squarespace.com/moneymacro to get a free trial and 10% [...]
Go to https://squarespace.com/moneymacro to get a free trial and 10% off your first purchase of a website or domain.
Paul Collier's Book: https://amzn.to/3yyeqiT
Neon sign from: https://www.neonlights.be/discount/M&M15
If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. https://www.moneymacro.rocks/2022-05-13-afghanistan-econ/
Timestamps:
0:00 - introduction
0:46 - How Countries Get Rich
1:55 - Poverty Traps
3:02 - Landlocked Trap
6:55 - Conflict Trap
11:14 - Resource Trap
13:16 - Bad Governance Trap
17:33 - Final Thoughts 1
17:52 - Sponsor
18:26 - Final Thoughts 2
Narrated and produced by Dr. Joeri Schasfoort
Editing & Studio design by Alex Moore Via http://www.dmsquaredagency.com
Attribution:
Thumbnail image: DVIDSHUB, CC BY 2.0 via Wikimedia Commons
Bottom Billion Book Cover: Paul Collier
Landlock trap slide picture: via Wikimedia
Endless conflict slide picture: via Wikimedia
Resource paradox slide picture: Jerome Starkey via Flickr
Bad governance slide picture: DonkeyHotey via Flickr
Botswana 1960s clip from YT Kinolibrary
Icons by Freepik, photo3idea_studio & Vectors MarketПоказать больше
Paul Collier's Book: https://amzn.to/3yyeqiT
Neon sign from: https://www.neonlights.be/discount/M&M15
If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. https://www.moneymacro.rocks/2022-05-13-afghanistan-econ/
Timestamps:
0:00 - introduction
0:46 - How Countries Get Rich
1:55 - Poverty Traps
3:02 - Landlocked Trap
6:55 - Conflict Trap
11:14 - Resource Trap
13:16 - Bad Governance Trap
17:33 - Final Thoughts 1
17:52 - Sponsor
18:26 - Final Thoughts 2
Narrated and produced by Dr. Joeri Schasfoort
Editing & Studio design by Alex Moore Via http://www.dmsquaredagency.com
Attribution:
Thumbnail image: DVIDSHUB, CC BY 2.0 via Wikimedia Commons
Bottom Billion Book Cover: Paul Collier
Landlock trap slide picture: via Wikimedia
Endless conflict slide picture: via Wikimedia
Resource paradox slide picture: Jerome Starkey via Flickr
Bad governance slide picture: DonkeyHotey via Flickr
Botswana 1960s clip from YT Kinolibrary
Icons by Freepik, photo3idea_studio & Vectors MarketПоказать больше

активный
Who is Actually Winning The Economic War?
Go to https://squarespace.com/moneymacro to get a free trial and 10% [...]
Go to https://squarespace.com/moneymacro to get a free trial and 10% off your first purchase of a website or domain.
If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/2022-04-12-econ-war/
Timestamps:
0:00 - introduction
2:04 - Round 1 Sanctions Fired
4:23 - Round 2 Minor Escalation
5:17 - Round 3 Ruble Down
10:00 - Round 4 Ruble Strikes Back
13:35 - Round 5? (Part 1)
14:51 - Sponsor
15:27 - Round 5? (Part 2)
Attribution:
Icons created by Freepik
Forbidden icon by Bartama graphics
Oil icon by Icongeek26
Tim Cook "I just lost a lot of money in Russia" voice from fakeyou.com
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)
Animations & Studio design by Alex Moore Via http://www.dmsquaredagency.comПоказать больше
If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/2022-04-12-econ-war/
Timestamps:
0:00 - introduction
2:04 - Round 1 Sanctions Fired
4:23 - Round 2 Minor Escalation
5:17 - Round 3 Ruble Down
10:00 - Round 4 Ruble Strikes Back
13:35 - Round 5? (Part 1)
14:51 - Sponsor
15:27 - Round 5? (Part 2)
Attribution:
Icons created by Freepik
Forbidden icon by Bartama graphics
Oil icon by Icongeek26
Tim Cook "I just lost a lot of money in Russia" voice from fakeyou.com
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)
Animations & Studio design by Alex Moore Via http://www.dmsquaredagency.comПоказать больше

активный
Russia's Economy: Rise & Fall of a Superpower
Go to https://squarespace.com/moneymacro to get a free trial and 10% [...]
Go to https://squarespace.com/moneymacro to get a free trial and 10% off your first purchase of a website or domain. For access to econ community, consider https://www.patreon.com/moneymacro
Finally, if you appreciate the work, consider buying me a 'coffee' at https://ko-fi.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Links are in the text: https://www.moneymacro.rocks/blog
Timestamps:
0:00 - introduction
1:29 - Fall of Tsarist Russia
2:22 - Soviet Russia
5:49 - Yeltsin's Russia
7:14 - Putin's Growth Miracle
9:42 - Putin's Economic Problems
12:14 - Breaking the Cycle
14:53 - Sponsor
15:25 - What Is Next?
Attribution:
I used many clips from other YT videos such as:
Grocery Shopping in Russia after Sanctions: https://youtu.be/W2HyGf4x1sk
Everything is Going To Hell: https://youtu.be/I9K1zblyOOM
Narrated and produced by Dr. Joeri Schasfoort
Studio designed by Alex Moore Via http://www.dmsquaredagency.comПоказать больше
Finally, if you appreciate the work, consider buying me a 'coffee' at https://ko-fi.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Links are in the text: https://www.moneymacro.rocks/blog
Timestamps:
0:00 - introduction
1:29 - Fall of Tsarist Russia
2:22 - Soviet Russia
5:49 - Yeltsin's Russia
7:14 - Putin's Growth Miracle
9:42 - Putin's Economic Problems
12:14 - Breaking the Cycle
14:53 - Sponsor
15:25 - What Is Next?
Attribution:
I used many clips from other YT videos such as:
Grocery Shopping in Russia after Sanctions: https://youtu.be/W2HyGf4x1sk
Everything is Going To Hell: https://youtu.be/I9K1zblyOOM
Narrated and produced by Dr. Joeri Schasfoort
Studio designed by Alex Moore Via http://www.dmsquaredagency.comПоказать больше

активный
How The West Broke Russia's Economy
Go to https://squarespace.com/moneymacro to get a free trial and 10% [...]
Go to https://squarespace.com/moneymacro to get a free trial and 10% off your first purchase of a website or domain. For access to econ community, consider https://www.patreon.com/moneymacro
Finally, if you appreciate the work, consider buying me a 'coffee' at https://ko-fi.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Links are in the text: https://www.moneymacro.rocks/2022-03-02-russia-more-sanctions/
Timestamps:
0:00 - introduction
0:50 - unprecedented sanctions
5:23 - Smoke & Mirrors
6:16 - Russia Strikes Back
7:28 - Sponsor
8:04 - Final Thoughts
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)Показать больше
Finally, if you appreciate the work, consider buying me a 'coffee' at https://ko-fi.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Links are in the text: https://www.moneymacro.rocks/2022-03-02-russia-more-sanctions/
Timestamps:
0:00 - introduction
0:50 - unprecedented sanctions
5:23 - Smoke & Mirrors
6:16 - Russia Strikes Back
7:28 - Sponsor
8:04 - Final Thoughts
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)Показать больше

активный
Inflation: Don't Blame Central Banks
Check out our sponsor: The Market Insider here: [...]
Check out our sponsor: The Market Insider here: https://www.youtube.com/channel/UCtSS7AXSGeEvJa44BbXHniw
For access to econ community, consider https://www.patreon.com/moneymacro
Finally, if you appreciate the work, consider buying me a 'coffee' at https://ko-fi.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Links are in the text: https://www.moneymacro.rocks/2022-02-15-qe-failed/
Timestamps:
0:00 - introduction
0:26 - how central bankers think
2:49 - when rates hit zero
5:16 - sponsor
5:50 - QE & inflation
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)Показать больше
For access to econ community, consider https://www.patreon.com/moneymacro
Finally, if you appreciate the work, consider buying me a 'coffee' at https://ko-fi.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Links are in the text: https://www.moneymacro.rocks/2022-02-15-qe-failed/
Timestamps:
0:00 - introduction
0:26 - how central bankers think
2:49 - when rates hit zero
5:16 - sponsor
5:50 - QE & inflation
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)Показать больше

активный
What is Actually Causing Inflation? A Deep Dive (ft. @Unlearning Economics)
Reserve Project Job Opportunity at [...]
Reserve Project Job Opportunity at https://apply.workable.com/reserve/j/B89F824AA7/
More info on the project: https://youtu.be/6dYwDEoPv0M
The Great Inflation Debate: Who is Actually Winning?
WANT TO SUPPORT INDEPENDENT RESEARCH:
Consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
MORE CONTENT?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-sch...
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/blog
Timestamps:
0:00 - introduction
1:30 - Inflation Basics
8:42 - Job Opportunity
9:39 - Aggregate Supply & Demand
10:32 - Supply Push Inflation
13:47 - Judging Supply Arguments
17:35 - Demand Pull Inflation
19:31 - Money Printing
25:01 - Judging Printing Arguments
33:25 - Hot Labour Markets
37:25 - Judging Labour Arguments
43:12 - Demand Shift Inflation
45:06 - Inflation Expectations
47:11 - Judging Expectations
53:11 - Exchange Rates
54:13 - Reviewing Channels
Narrated and filmed by Dr. Joeri Schasfoort (University of Groningen)
Editing & Graphics by Alex Moore Via http://www.dmsquaredagency.comПоказать больше
More info on the project: https://youtu.be/6dYwDEoPv0M
The Great Inflation Debate: Who is Actually Winning?
WANT TO SUPPORT INDEPENDENT RESEARCH:
Consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
MORE CONTENT?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-sch...
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/blog
Timestamps:
0:00 - introduction
1:30 - Inflation Basics
8:42 - Job Opportunity
9:39 - Aggregate Supply & Demand
10:32 - Supply Push Inflation
13:47 - Judging Supply Arguments
17:35 - Demand Pull Inflation
19:31 - Money Printing
25:01 - Judging Printing Arguments
33:25 - Hot Labour Markets
37:25 - Judging Labour Arguments
43:12 - Demand Shift Inflation
45:06 - Inflation Expectations
47:11 - Judging Expectations
53:11 - Exchange Rates
54:13 - Reviewing Channels
Narrated and filmed by Dr. Joeri Schasfoort (University of Groningen)
Editing & Graphics by Alex Moore Via http://www.dmsquaredagency.comПоказать больше

активный
How Russia's Economy Shields Itself From Western Sanctions
If you appreciate the research, consider buying me a 'coffee' at [...]
If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/2022-01-19-russia-sanctions/
Timestamps:
0:00 - introduction
0:27 - Russia's economic strength
1:01 - Russia’s War chest
2:37 - Russia’s Strategy
3:57 - Europe's weakness
Attribution:
- Iran protest video from subMedia YT channel
- Russia army video from Oscar Diaz & Red Ray YT channels
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)Показать больше
LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I sometimes hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/2022-01-19-russia-sanctions/
Timestamps:
0:00 - introduction
0:27 - Russia's economic strength
1:01 - Russia’s War chest
2:37 - Russia’s Strategy
3:57 - Europe's weakness
Attribution:
- Iran protest video from subMedia YT channel
- Russia army video from Oscar Diaz & Red Ray YT channels
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)Показать больше

активный
The Invention of Central Banking | History of Money
If you appreciate the research, consider buying me a 'coffee' at [...]
If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro
or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
Central banks are the supposed champions of both price stability and financial stability....
But, have prices and finance really been very stable? or was the world of money actually more stable before central banking was invented?
BIG SHOUTOUT to Professor Dirk Bezemer, with whom I collaborated to create the script for this video as well as to Alex Moore Via http://www.dmsquaredagency.com who did the editing & graphics.
LIKE CHATTING ECON WITH ME
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/2021-10-01-central-bank-origin/
Timestamps:
0:00 - introduction
0:35 - South European Banks
4:08 - Bank of Amsterdam
9:38 - Channel plug
10:03 - Sveriges Riksbank
13:18 - Bank of England
Attribution:
-
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)Показать больше
or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro
Central banks are the supposed champions of both price stability and financial stability....
But, have prices and finance really been very stable? or was the world of money actually more stable before central banking was invented?
BIG SHOUTOUT to Professor Dirk Bezemer, with whom I collaborated to create the script for this video as well as to Alex Moore Via http://www.dmsquaredagency.com who did the editing & graphics.
LIKE CHATTING ECON WITH ME
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/
△ I have a private Discord server for Senior and Chief economist Patrons / members.
Otherwise I hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/2021-10-01-central-bank-origin/
Timestamps:
0:00 - introduction
0:35 - South European Banks
4:08 - Bank of Amsterdam
9:38 - Channel plug
10:03 - Sveriges Riksbank
13:18 - Bank of England
Attribution:
-
Narrated and produced by Dr. Joeri Schasfoort (University of Groningen)Показать больше

активный
Stagflation Coming? MMT Good? QE Bad? Best Econ Books? | Q&A Summary
Want to help me do more research? Consider supporting via: [...]
Want to help me do more research? Consider supporting via: https://www.patreon.com/moneymacro, https://ko-fi.com/moneymacro, or becoming a channel member by clicking join below.
Missed the Q&A or did I miss your question? Ask me anything in the comments below and I will try to answer.
Links to Some of the Books Mentioned
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Also mentioned: Economics Rules by Dani Rodrik
Timestamps:
0:00 welcome...
0:10 my job
0:44 why YouTube?
3:55 inspiring economists
5:27 productive debt
10:38 Richard Werner
12:31 response videos
15:56 MMT
17:27 Fiat devaluation
19:15 Sri-Lanka & China
21:24 Agent-Based Simulations
22:30 Crypto
23:54 DeFi
25:29 Energy Price Surge
27:07 stagflation
28:58 China video
29:31 China Window Guidance
31:38 CBDCs
33:07 Philips Curve
34:33 Argentinian Peso
36:22 Pandemic Recovery
37:41 UBI
40:00 North Korean Growth
40:58 Money Reduction
41:44 UE Colab
42:12 Turkish Economy
43:41 Best Pension System
45:22 Rethinking Economics
46:48 Econ Breakthrough
49:40 EU Target II
52:26 Econ video Games
53:53 Rational Expectations
56:41 Pandora Papers
57:59 QE Bubbles
59:35 Schools of Thought
1:03:35 Cat Break
1:03:43 My Ideology
1:05:03 Saudi Arabia
1:06:01 Books Recommendations
1:12:55 Game Economies
1:14:09 Biggest Worries
1:17:20 Greek Debt
1:18:16 Fintech
1:19:27 South Africa's Future
1:21:38 Inequality Bad?
1:22:28 Global Inequality Solvable?
1:24:33 Future of the Channel
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://www.linkedin.com/in/joeri-schasfoortПоказать больше
Missed the Q&A or did I miss your question? Ask me anything in the comments below and I will try to answer.
Links to Some of the Books Mentioned
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Also mentioned: Economics Rules by Dani Rodrik
Timestamps:
0:00 welcome...
0:10 my job
0:44 why YouTube?
3:55 inspiring economists
5:27 productive debt
10:38 Richard Werner
12:31 response videos
15:56 MMT
17:27 Fiat devaluation
19:15 Sri-Lanka & China
21:24 Agent-Based Simulations
22:30 Crypto
23:54 DeFi
25:29 Energy Price Surge
27:07 stagflation
28:58 China video
29:31 China Window Guidance
31:38 CBDCs
33:07 Philips Curve
34:33 Argentinian Peso
36:22 Pandemic Recovery
37:41 UBI
40:00 North Korean Growth
40:58 Money Reduction
41:44 UE Colab
42:12 Turkish Economy
43:41 Best Pension System
45:22 Rethinking Economics
46:48 Econ Breakthrough
49:40 EU Target II
52:26 Econ video Games
53:53 Rational Expectations
56:41 Pandora Papers
57:59 QE Bubbles
59:35 Schools of Thought
1:03:35 Cat Break
1:03:43 My Ideology
1:05:03 Saudi Arabia
1:06:01 Books Recommendations
1:12:55 Game Economies
1:14:09 Biggest Worries
1:17:20 Greek Debt
1:18:16 Fintech
1:19:27 South Africa's Future
1:21:38 Inequality Bad?
1:22:28 Global Inequality Solvable?
1:24:33 Future of the Channel
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://www.linkedin.com/in/joeri-schasfoortПоказать больше

активный
The Economics of China's Evergrande Crisis
Thanks to Atlas VPN for sponsoring the channel: [...]
Thanks to Atlas VPN for sponsoring the channel: https://atlasv.pn/MoneyMacro
as well as my Patrons: https://www.patreon.com/moneymacro
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
LIKE CHATTING ECON WITH ME
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ I have a private Discord server for Senior and Chief economist Patrons.
Otherwise I hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
SOURCES:
https://www.moneymacro.rocks/2021-09-28-macro-china/
Timestamps:
0:00 - introduction
1:57 - investment
2:28 - consumption
3:01 - government spending
3:59 - exports
4:24 - the future
Attribution:
- Thumbnail background via http://www.freepik.com
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Why do macroeconomists care about the fate of a single Chinese company?
I mean sure it is absolutely massive!!! with assets equal to roughly 2.2% of China's GDP.... but it is the losses on those assets that matter for GDP and those will surely be much less.
What's more China's GDP is typically growing around 6-8% every year.... So, China's economy should easily be able to shrug this one off ..... right?Показать больше
as well as my Patrons: https://www.patreon.com/moneymacro
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
LIKE CHATTING ECON WITH ME
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ I have a private Discord server for Senior and Chief economist Patrons.
Otherwise I hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
SOURCES:
https://www.moneymacro.rocks/2021-09-28-macro-china/
Timestamps:
0:00 - introduction
1:57 - investment
2:28 - consumption
3:01 - government spending
3:59 - exports
4:24 - the future
Attribution:
- Thumbnail background via http://www.freepik.com
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Why do macroeconomists care about the fate of a single Chinese company?
I mean sure it is absolutely massive!!! with assets equal to roughly 2.2% of China's GDP.... but it is the losses on those assets that matter for GDP and those will surely be much less.
What's more China's GDP is typically growing around 6-8% every year.... So, China's economy should easily be able to shrug this one off ..... right?Показать больше

активный
Europe's Forgotten Monetary Revolution | History of Money
Want to help me do more research? Consider supporting via: [...]
Want to help me do more research? Consider supporting via: https://www.patreon.com/moneymacro or https://ko-fi.com/moneymacro
Is money a commodity or credit. I think both. But the commodity story is told everywhere whereas the credit story is not well known. This video therefore fills that gap by explaining the re-emergence of credit in Europe.
BIG SHOUTOUT to Professor Dirk Bezemer, with whom I collaborated to create the script for this video.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro or for the Dutchies https://betaalverzoek.knab.nl/QaL7OZh....
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
LIKE CHATTING ECON WITH ME
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ I have a private Discord server for Senior and Chief economist Patrons.
Otherwise I hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog.
https://www.moneymacro.rocks/2021-08-27-medieval-europe/
Timestamps:
0:00 - introduction & theories
2:55 - rise of the money changers
5:38 - rise of bill-dealers
7:46 - rise of bankers & conclusion
Attribution:
- Thought-bubble: created by Harryarts - http://www.freepik.com
- Business vector created by rawpixel.com - http://www.freepik.com
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://www.linkedin.com/in/joeri-schasfoortПоказать больше
Is money a commodity or credit. I think both. But the commodity story is told everywhere whereas the credit story is not well known. This video therefore fills that gap by explaining the re-emergence of credit in Europe.
BIG SHOUTOUT to Professor Dirk Bezemer, with whom I collaborated to create the script for this video.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro or for the Dutchies https://betaalverzoek.knab.nl/QaL7OZh....
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
LIKE CHATTING ECON WITH ME
△ Follow me on Twitter: https://twitter.com/joerischasfoort
△ I have a private Discord server for Senior and Chief economist Patrons.
Otherwise I hang out in two Discord servers:
△ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf
△ Capitalists server: https://discord.gg/8MeNJ7gfSR
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog.
https://www.moneymacro.rocks/2021-08-27-medieval-europe/
Timestamps:
0:00 - introduction & theories
2:55 - rise of the money changers
5:38 - rise of bill-dealers
7:46 - rise of bankers & conclusion
Attribution:
- Thought-bubble: created by Harryarts - http://www.freepik.com
- Business vector created by rawpixel.com - http://www.freepik.com
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://www.linkedin.com/in/joeri-schasfoortПоказать больше

активный
Hyperinflation Already Here? REALLY!? | Economist Responds
Want to help me do more research? Consider supporting via: [...]
Want to help me do more research? Consider supporting via: https://www.patreon.com/moneymacro or https://ko-fi.com/moneymacro
As an economist who studied inflation and monetary policy during his PhD, I was rather confused about one of the latest Economics Explained (EE) videos which makes wild claims and introduces many (seemingly) new theories. So, in this video, I'm checking if EE's claims are at least somewhat grounded in economic theory and not directly contradicted by data.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro or for the Dutchies https://betaalverzoek.knab.nl/QaL7OZhJm8NYp4Q.
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
△ Link to EE's video: https://youtu.be/1HmGLV46L60
△ Check out my economic country studies here: https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
PAPERS ON INVESTMENT UNDER INFLATION
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3813202
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2161124
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog.
https://www.moneymacro.rocks/2021-08-10-hyperinflation-response-ee/
Timestamps:
0:00 - introduction
1:57 - is the US like Weimar 1?
3:03 - sponsor
4:06 - is the US like Weimar 2?
13:07 - when is hyperinflation unstoppable?
18:50 - is the US special?
20:27 - how to protect yourself
Attribution:
- Check marks by Alvaro_cabrera / Freepik
- Baker & bread by macrovector / Freepik
- young woman by pch.vector / Freepik
- up arrow Designed by Freepik
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше
As an economist who studied inflation and monetary policy during his PhD, I was rather confused about one of the latest Economics Explained (EE) videos which makes wild claims and introduces many (seemingly) new theories. So, in this video, I'm checking if EE's claims are at least somewhat grounded in economic theory and not directly contradicted by data.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro or for the Dutchies https://betaalverzoek.knab.nl/QaL7OZhJm8NYp4Q.
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
△ Link to EE's video: https://youtu.be/1HmGLV46L60
△ Check out my economic country studies here: https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
PAPERS ON INVESTMENT UNDER INFLATION
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3813202
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2161124
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog.
https://www.moneymacro.rocks/2021-08-10-hyperinflation-response-ee/
Timestamps:
0:00 - introduction
1:57 - is the US like Weimar 1?
3:03 - sponsor
4:06 - is the US like Weimar 2?
13:07 - when is hyperinflation unstoppable?
18:50 - is the US special?
20:27 - how to protect yourself
Attribution:
- Check marks by Alvaro_cabrera / Freepik
- Baker & bread by macrovector / Freepik
- young woman by pch.vector / Freepik
- up arrow Designed by Freepik
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше

активный
The Best Middle Class Experience? (ft. @Econoboi)
Netherlands vs. USA comparison of wages, cost-of-living, social safety [...]
Netherlands vs. USA comparison of wages, cost-of-living, social safety nets, labor markets, quality of life, family life, education systems, upward mobility, and the pension system.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro or for the Dutchies https://betaalverzoek.knab.nl/QaL7OZhJm8NYp4Q.
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations:
https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
WANT TO SEE MORE CONTENT LIKE THIS?
△ Check out Econoboi's channel here: https://www.youtube.com/channel/UCfA54o0hJc1n7SfxYNSCafA
△ Interested in other country economic case studies? https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
△ Want to know about central banking? https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Interested in bubbles and asset markets? https://www.youtube.com/playlist?list=PLGbVoSdwvesD_W5OHSJ6J_j-RKeCxl0OS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Script and Sources:
Check out the sources in detail on my blog:
https://www.moneymacro.rocks/2021-07-02-dutch-vs-america-middle-class/
VIDEOS I REFER TO IN THE VIDEO AND USED AS A SOURCE
- Here is the awesome video by @Not Just Bikes about using cars or renting one and how it interacts with city design: https://youtu.be/OObwqreAJ48
- I used this video from @Second Thought for information on how full-time working affects benefit payments in the United States: https://youtu.be/yhBkeAo2Hlg
Timestamps:
0:00 - introduction
3:16 - wages & cost-of-living
13:31 - social safety net
21:50 - labor market conditions
30:46 - quality of life
37:42 - family life
42:20 - education systems
49:35 - upward mobility
55:48 - pension systems
1:01:52 - final discussion
Attribution:
Standard Icons "Designed by rawpixel.com / Freepik"
Elderly and Oil industry Icons "Designed by macrovector / Freepik"
medicaid animation: Creative commons the Actors Fund (youtube channel)
rating icons: "Designed by starline / Freepik"
Finally, I used video clips from US news and tv shows under the 'fair use' clause.Показать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro or for the Dutchies https://betaalverzoek.knab.nl/QaL7OZhJm8NYp4Q.
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations:
https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
WANT TO SEE MORE CONTENT LIKE THIS?
△ Check out Econoboi's channel here: https://www.youtube.com/channel/UCfA54o0hJc1n7SfxYNSCafA
△ Interested in other country economic case studies? https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
△ Want to know about central banking? https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Interested in bubbles and asset markets? https://www.youtube.com/playlist?list=PLGbVoSdwvesD_W5OHSJ6J_j-RKeCxl0OS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Script and Sources:
Check out the sources in detail on my blog:
https://www.moneymacro.rocks/2021-07-02-dutch-vs-america-middle-class/
VIDEOS I REFER TO IN THE VIDEO AND USED AS A SOURCE
- Here is the awesome video by @Not Just Bikes about using cars or renting one and how it interacts with city design: https://youtu.be/OObwqreAJ48
- I used this video from @Second Thought for information on how full-time working affects benefit payments in the United States: https://youtu.be/yhBkeAo2Hlg
Timestamps:
0:00 - introduction
3:16 - wages & cost-of-living
13:31 - social safety net
21:50 - labor market conditions
30:46 - quality of life
37:42 - family life
42:20 - education systems
49:35 - upward mobility
55:48 - pension systems
1:01:52 - final discussion
Attribution:
Standard Icons "Designed by rawpixel.com / Freepik"
Elderly and Oil industry Icons "Designed by macrovector / Freepik"
medicaid animation: Creative commons the Actors Fund (youtube channel)
rating icons: "Designed by starline / Freepik"
Finally, I used video clips from US news and tv shows under the 'fair use' clause.Показать больше

активный
Dutch Economy Most Unequal? REALLY!? | Dutch Economist Responds
As a Dutch economist who works for a South African University, I was [...]
As a Dutch economist who works for a South African University, I was absolutely shocked when I saw this video from Economics Explained (EE) which states that the economy of the Netherlands is in fact the most unequal on earth!!
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Link to EE's video: https://youtu.be/Ot4qdCs54ZE
△ Check out my economic country studies here: https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
SOURCES:
I've linked my sources in the blog that goes along with this video:
https://www.moneymacro.rocks/2021-05-01-dutch-econ-response-ee/
Timestamps:
0:00 - introduction
1:43 - bad numbers
10:22 - taxes reduce inequality
Attribution:
Big thanks to Minute Marty for shooting drone footage of Groningen for me. Check out his drone shots (Create Commons License) here: https://www.youtube.com/channel/UCf_-70GwlEelR1FvRa5Dppw/videos
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Link to EE's video: https://youtu.be/Ot4qdCs54ZE
△ Check out my economic country studies here: https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
SOURCES:
I've linked my sources in the blog that goes along with this video:
https://www.moneymacro.rocks/2021-05-01-dutch-econ-response-ee/
Timestamps:
0:00 - introduction
1:43 - bad numbers
10:22 - taxes reduce inequality
Attribution:
Big thanks to Minute Marty for shooting drone footage of Groningen for me. Check out his drone shots (Create Commons License) here: https://www.youtube.com/channel/UCf_-70GwlEelR1FvRa5Dppw/videos
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше

активный
Lebanon's Economy: how to Fix its Currency Crisis
The economy of Lebanon is in a deep crisis. This video explores the [...]
The economy of Lebanon is in a deep crisis. This video explores the history of the Pound / Lira, the run-up to the crisis, the banking system, Lebanon's core macroeconomic problems, the economic solutions, and the political solutions.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
△ Interested in other country economic case studies? https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
△ Want to know about central banking? https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Interested in bubbles and asset markets? https://www.youtube.com/playlist?list=PLGbVoSdwvesD_W5OHSJ6J_j-RKeCxl0OS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Want to see my sources (some sources are in text and the rest at the bottom), check out the script for this video here: https://www.moneymacro.rocks/2021-04-21-monetary-economics-lebanon/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Timestamps:
0:00 - introduction
0:51 - history
3:33 - crisis
6:40 - economic problems
8:35 - economic solutions
11:20 - politics & future
Attribution
Fire icon thumbnail was created by pch.vector via freepik
Videos Creative Commons:
- war in the Middle East - cc -Reddebrek
- Civil war Lebacon cc International Red Cross
- Drone-footage-lebanon cc Jamil El Choueiry
- Protests in 2020 cc ScOpE
- Protests in 2019 cc Jamil El Choueiry
- American University of Beirut cc AUB
Pictures Creative Commons:
- Zaitunay Bay, Downtown Beirut, Lebanon cc husseinabdallah
- Straatbeeld in Beiroet cc Willem van de Poll
- Green Line, Beirut 1982 cc James Case
- Lira / Pound images from Bank of Lebanon
- Lebanese parliament cc Heretiq
- Bank of Lebanon cc Karan Jain
- Lebanon Al_Yatun (1981) cc Marco K
- Lebanon Tiny Country Big Trash Problem cc Ziad Abichaker
Songs Creative Commons:
- Dhaka by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1400003
Artist: http://incompetech.com/Показать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
△ Interested in other country economic case studies? https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
△ Want to know about central banking? https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Interested in bubbles and asset markets? https://www.youtube.com/playlist?list=PLGbVoSdwvesD_W5OHSJ6J_j-RKeCxl0OS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Want to see my sources (some sources are in text and the rest at the bottom), check out the script for this video here: https://www.moneymacro.rocks/2021-04-21-monetary-economics-lebanon/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Timestamps:
0:00 - introduction
0:51 - history
3:33 - crisis
6:40 - economic problems
8:35 - economic solutions
11:20 - politics & future
Attribution
Fire icon thumbnail was created by pch.vector via freepik
Videos Creative Commons:
- war in the Middle East - cc -Reddebrek
- Civil war Lebacon cc International Red Cross
- Drone-footage-lebanon cc Jamil El Choueiry
- Protests in 2020 cc ScOpE
- Protests in 2019 cc Jamil El Choueiry
- American University of Beirut cc AUB
Pictures Creative Commons:
- Zaitunay Bay, Downtown Beirut, Lebanon cc husseinabdallah
- Straatbeeld in Beiroet cc Willem van de Poll
- Green Line, Beirut 1982 cc James Case
- Lira / Pound images from Bank of Lebanon
- Lebanese parliament cc Heretiq
- Bank of Lebanon cc Karan Jain
- Lebanon Al_Yatun (1981) cc Marco K
- Lebanon Tiny Country Big Trash Problem cc Ziad Abichaker
Songs Creative Commons:
- Dhaka by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1400003
Artist: http://incompetech.com/Показать больше

активный
The Economy of Japan: how a Superpower FELL from Grace in Four Decades
In 1989, the world was simultaneously fearful and in awe of the rise [...]
In 1989, the world was simultaneously fearful and in awe of the rise of the magnificent Japanese economy. So…. What the hell happened?
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
△ Interested in other country economic case studies? https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
△ Want to know about central banking? https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Interested in bubbles and asset markets? https://www.youtube.com/playlist?list=PLGbVoSdwvesD_W5OHSJ6J_j-RKeCxl0OS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Script and Sources:
Check out the sources (a.o. Richard Werner's books, Bank for International Settlement speeches, and Japanese newspapers) that I used for this video in the the script that you can find on my blog:
https://www.moneymacro.rocks/2021-03-22-economy-japan/
Timestamps:
0:00 - introduction
1:20 - 1980s
8:03 - 1990s
14:46 - 2000s
21:34 - 2010s
29:19 - the future & conclusion
Attribution:
clips trump protest: CC John Doyle
clips from Migrant rights protests UK CC Steve Eason
clips from Colorado immigration protests CC Unicorn Riot
clip Japanese politicians CC douga bubble
clip Disneyland opening CC Shatner Method
picture Orban & Putin CC Kremlin.ru
picture Helicopter money CC TGCP
Songs:
Ishikari Lore by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100192
Artist: http://incompetech.com/
Further description:
While Japans economic might is still widely respected, it used to be the rising superstar of Asia. How did the economy of this Asian archipelago, which came so close to overtaking America as the number one economic superpower, end in deflation and stagnation?
I mean, by now it’s gotten so bad that the Bank of Japan, in a desperate attempt to turn this situation around, has bought up to 70% of government debt and has even become the biggest shareholder of corporate Japan.
This mini-documentary covers the period from 1979 till 2021 and spans Japan's asset bubble decade (featuring window guidance and the housing + stock bubble) as well as the three following decades that were characterized by debt-deflation and a banking crisis, the inflation expectations trap and population decline, respectively. It also has a critical look at Abenomics (from prime minister Shinzo Abe) and contains recommendations for the future of the Japanese economy.Показать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
△ Interested in other country economic case studies? https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
△ Want to know about central banking? https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Interested in bubbles and asset markets? https://www.youtube.com/playlist?list=PLGbVoSdwvesD_W5OHSJ6J_j-RKeCxl0OS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Script and Sources:
Check out the sources (a.o. Richard Werner's books, Bank for International Settlement speeches, and Japanese newspapers) that I used for this video in the the script that you can find on my blog:
https://www.moneymacro.rocks/2021-03-22-economy-japan/
Timestamps:
0:00 - introduction
1:20 - 1980s
8:03 - 1990s
14:46 - 2000s
21:34 - 2010s
29:19 - the future & conclusion
Attribution:
clips trump protest: CC John Doyle
clips from Migrant rights protests UK CC Steve Eason
clips from Colorado immigration protests CC Unicorn Riot
clip Japanese politicians CC douga bubble
clip Disneyland opening CC Shatner Method
picture Orban & Putin CC Kremlin.ru
picture Helicopter money CC TGCP
Songs:
Ishikari Lore by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100192
Artist: http://incompetech.com/
Further description:
While Japans economic might is still widely respected, it used to be the rising superstar of Asia. How did the economy of this Asian archipelago, which came so close to overtaking America as the number one economic superpower, end in deflation and stagnation?
I mean, by now it’s gotten so bad that the Bank of Japan, in a desperate attempt to turn this situation around, has bought up to 70% of government debt and has even become the biggest shareholder of corporate Japan.
This mini-documentary covers the period from 1979 till 2021 and spans Japan's asset bubble decade (featuring window guidance and the housing + stock bubble) as well as the three following decades that were characterized by debt-deflation and a banking crisis, the inflation expectations trap and population decline, respectively. It also has a critical look at Abenomics (from prime minister Shinzo Abe) and contains recommendations for the future of the Japanese economy.Показать больше

активный
Denmark's Economy: is the Krone in Trouble?
The Krone is issued by the central bank of Denmark (Danmarks [...]
The Krone is issued by the central bank of Denmark (Danmarks Nationalbank) and this video explores whether or not is has done a good job.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
△ Interested in other country economic case studies? https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
△ Want to know about central banking? https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Interested in bubbles and asset markets? https://www.youtube.com/playlist?list=PLGbVoSdwvesD_W5OHSJ6J_j-RKeCxl0OS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Sources:
Check out the script for this video here: https://www.moneymacro.rocks/2021-03-05-monetary-economics-denmark/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Extended description:
To answer the main question of this video, I explore the economy of Denmark through the lens of its exchange rate (and specifically it's peg to the Euro), inflation rate, GDP growth, and financial stability issues such as: housing bubbles, government and private debt levels, asset prices, and current account imbalances. I will compare its record to neighboring economies such as those of Norway, Sweden, Finland and Germany. Finally, I will review whether current monetary policy measures such as interest rate policy, quantitative easing and the exchange rate peg are sustainable.Показать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
△ Interested in other country economic case studies? https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
△ Want to know about central banking? https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Interested in bubbles and asset markets? https://www.youtube.com/playlist?list=PLGbVoSdwvesD_W5OHSJ6J_j-RKeCxl0OS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Sources:
Check out the script for this video here: https://www.moneymacro.rocks/2021-03-05-monetary-economics-denmark/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Extended description:
To answer the main question of this video, I explore the economy of Denmark through the lens of its exchange rate (and specifically it's peg to the Euro), inflation rate, GDP growth, and financial stability issues such as: housing bubbles, government and private debt levels, asset prices, and current account imbalances. I will compare its record to neighboring economies such as those of Norway, Sweden, Finland and Germany. Finally, I will review whether current monetary policy measures such as interest rate policy, quantitative easing and the exchange rate peg are sustainable.Показать больше

активный
How this Algorithm Predicted the Bitcoin 2021 Bubble
Was Bitcoin a bubble in the winter of 2021? I decided to ask a famous [...]
Was Bitcoin a bubble in the winter of 2021? I decided to ask a famous bubble detection algorithm that question.... In this video, I'll tell you what it came up with and why.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Consider supporting me on: https://www.patreon.com/moneymacro
△ Consider buying me a coffee at https://ko-fi.com/moneymacro
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
The paper algorithm was developed by Peter C. B. Phillips, Shuping Shi, and Jun Yu. The paper describing it can be found here: https://onlinelibrary.wiley.com/doi/abs/10.1111/iere.12132
For the calculations, I used this R package: https://github.com/itamarcaspi/psymonitor
Then, I ran it on weekly Bitcoin (close) prices between 2014 and 2021 collected from Coindesk.
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Consider supporting me on: https://www.patreon.com/moneymacro
△ Consider buying me a coffee at https://ko-fi.com/moneymacro
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
The paper algorithm was developed by Peter C. B. Phillips, Shuping Shi, and Jun Yu. The paper describing it can be found here: https://onlinelibrary.wiley.com/doi/abs/10.1111/iere.12132
For the calculations, I used this R package: https://github.com/itamarcaspi/psymonitor
Then, I ran it on weekly Bitcoin (close) prices between 2014 and 2021 collected from Coindesk.
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше

активный
The Balance of Payments Explained
To deal with international transactions and financial flows, [...]
To deal with international transactions and financial flows, economists use the Balance of Payments framework. In this video, I'll give you an introduction to that framework and show you what the two main variables are that I study: current account balances, and gross capital flows.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
To understand the effects of globalization, using the standard measurement, gross domestic product, or GDP for short, is not enough. The balance of payments framework complements GDP and is essential for any serious macro-economist. It consists of a current account (which tracks transactions that result from trade, services, wages, interest, remittances etc.) and a capital & financial account (which mostly track investment transactions such as FDI and portfolio flows).
Economists typically first look at the net position on the current account to see if there are large trade imbalances and money flows needed to finance them. After that, they add all incoming and outgoing capital flows to check if if local asset bubbles might be financed largely by offshore financial centers.
Want to know more? Watch the video, or read it all in the script here: https://www.moneymacro.rocks/blog/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
To understand the effects of globalization, using the standard measurement, gross domestic product, or GDP for short, is not enough. The balance of payments framework complements GDP and is essential for any serious macro-economist. It consists of a current account (which tracks transactions that result from trade, services, wages, interest, remittances etc.) and a capital & financial account (which mostly track investment transactions such as FDI and portfolio flows).
Economists typically first look at the net position on the current account to see if there are large trade imbalances and money flows needed to finance them. After that, they add all incoming and outgoing capital flows to check if if local asset bubbles might be financed largely by offshore financial centers.
Want to know more? Watch the video, or read it all in the script here: https://www.moneymacro.rocks/blog/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше

активный
How Exchange Rates Are Determined
The prices of currencies are one of the most tricky subjects in [...]
The prices of currencies are one of the most tricky subjects in economics. When will a currency appreciate, and when will it depreciate?
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
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△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Of course, this depends on supply and demand in foreign exchange markets. But, what determines this? There are two major theories in economics that try to explain this. The first is purchasing power parity and the second is interest rate parity. In this video, I discuss both as well as highlight the role of arbitrage and expectations.
Want to know more? Watch the video, or read it all in the script here: https://www.moneymacro.rocks/blog/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro
△ For some extra benefits consider supporting me longer term on: https://www.patreon.com/moneymacro
△ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Of course, this depends on supply and demand in foreign exchange markets. But, what determines this? There are two major theories in economics that try to explain this. The first is purchasing power parity and the second is interest rate parity. In this video, I discuss both as well as highlight the role of arbitrage and expectations.
Want to know more? Watch the video, or read it all in the script here: https://www.moneymacro.rocks/blog/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше

активный
Why Financial Globalization is Dangerous
Want to help me do more research? Consider supporting via: [...]
Want to help me do more research? Consider supporting via: https://www.patreon.com/moneymacro or https://ko-fi.com/moneymacro
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
In these last decades, finance has become truly global. This has a lot of benefits. But, it is also important to understand the four drawbacks of international capital flows.
This video explores the following questions: have countries been right to open the door to international investors? or was it a mistake? And, if it was a mistake, what can they do to limit harmful effects of financial globalization?
This video has been inspired by work from economists at the bank for international settlements such as Claudio Borio as well as the work on the global financial cycle by Helene Rey.
The global financial cycle describes how asset prices worldwide move in tandem along with gross capital flows and monetary policy easing by the U.S. Federal Reserve. Central banks of small other countries will have no other option then to follow the U.S. central bank with their interest rates. This is how the classical trilemma turns into a dilemma.
Want to know more, I'm also using this video in a course that I am teaching at the University of Groningen called International Financial Markets that I teach with prof. Dirk Bezemer.
Also, check out the script for this video here: https://www.moneymacro.rocks/2021-02-04-global-financial-cycle/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=LTE3H3FUND37Y
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
In these last decades, finance has become truly global. This has a lot of benefits. But, it is also important to understand the four drawbacks of international capital flows.
This video explores the following questions: have countries been right to open the door to international investors? or was it a mistake? And, if it was a mistake, what can they do to limit harmful effects of financial globalization?
This video has been inspired by work from economists at the bank for international settlements such as Claudio Borio as well as the work on the global financial cycle by Helene Rey.
The global financial cycle describes how asset prices worldwide move in tandem along with gross capital flows and monetary policy easing by the U.S. Federal Reserve. Central banks of small other countries will have no other option then to follow the U.S. central bank with their interest rates. This is how the classical trilemma turns into a dilemma.
Want to know more, I'm also using this video in a course that I am teaching at the University of Groningen called International Financial Markets that I teach with prof. Dirk Bezemer.
Also, check out the script for this video here: https://www.moneymacro.rocks/2021-02-04-global-financial-cycle/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше

активный
Why Gamestop CRUSHED the Efficient Market Hypothesis
The gamestop stock explosion has mostly been told as a story of small [...]
The gamestop stock explosion has mostly been told as a story of small versus big investors. But, my take is that it was also a big win for behavioral finance by disproving the efficient market hypothesis.
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The strict interpretation of the efficient market hypothesis states that because markets are so competitive the price should always roughly be equal to the expected value of future dividends. There can of course be small deviations but these are based on random factors ... or alternatively a fluctuating discount factor.
These arguments make no sense here. There is a clear cause effect behing a story / narrative and the price. I love this story. What do you think?
Attribution for thumbnail picture:
- CC BY 3.0 SA by Bentley Mall via WikipediaПоказать больше
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The strict interpretation of the efficient market hypothesis states that because markets are so competitive the price should always roughly be equal to the expected value of future dividends. There can of course be small deviations but these are based on random factors ... or alternatively a fluctuating discount factor.
These arguments make no sense here. There is a clear cause effect behing a story / narrative and the price. I love this story. What do you think?
Attribution for thumbnail picture:
- CC BY 3.0 SA by Bentley Mall via WikipediaПоказать больше

активный
Why Private Bank Money Creation is Dangerous
The financial cycle refers to a co-movement between asset prices and [...]
The financial cycle refers to a co-movement between asset prices and bank lending. While asset bubbles can definitely emerge themselves (just look at the recent Gamestop and Bitcoin stories), thanks to positive feedback loops that are inherent to these markets, when the banks join in … you better hide because that’s when they can get truly dangerous.
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△ Consider supporting me on: https://www.patreon.com/moneymacro
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
There are two elements to the financial cycle story:
1) The first is that of rising asset prices, primarily houses, but also stocks.
2) And the second is that of rising debt to GDP. Or increased bank lending.
The biggest and most recent episode of a financial cycle happened in the United States and it started … right around 1996. In this year both the level of debt compared to the size of the economy (also known as credit to GDP) and inflation adjusted house prices started to pick up. And up and up they went. And as they went up… the people were happy, the sky seemed the limit. If you want to get rich, just buy a house.
And the banks? They were more than willing to lend. After all, if a borrower could not repay the loan, he or she could sell the house. Since the price could only go up, the house sale would always yield enough money to repay the loan….
Now at the same time, it so happened that the economy was doing really well. Even a big stock market crash in 2001 could not stop the party. After that stock prices also started to pick up until….. in 2006 house prices started dropping. Then in 2007 stock prices followed, and in 2008 everything came crashing down and the world faced its biggest banking crisis in a hundred years.
Currently banks are far better regulated and are less likely to have pumped up asset prices such as those of stocks like Tesla, and Nvidia, but also about crypto assets like Bitcoin and Ethereum.
This video has been inspired by work from economists at the Bank for International Settlements such as Claudio Borio. I'm also using it in a course that I am teaching at the University of Groningen called International Financial Markets that I teach with prof. Dirk Bezemer.
Want to know more? Watch the video, or read it all in the script here: https://www.moneymacro.rocks/2021-01-27-domestic-financial-cycle/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Consider supporting me on: https://www.patreon.com/moneymacro
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
There are two elements to the financial cycle story:
1) The first is that of rising asset prices, primarily houses, but also stocks.
2) And the second is that of rising debt to GDP. Or increased bank lending.
The biggest and most recent episode of a financial cycle happened in the United States and it started … right around 1996. In this year both the level of debt compared to the size of the economy (also known as credit to GDP) and inflation adjusted house prices started to pick up. And up and up they went. And as they went up… the people were happy, the sky seemed the limit. If you want to get rich, just buy a house.
And the banks? They were more than willing to lend. After all, if a borrower could not repay the loan, he or she could sell the house. Since the price could only go up, the house sale would always yield enough money to repay the loan….
Now at the same time, it so happened that the economy was doing really well. Even a big stock market crash in 2001 could not stop the party. After that stock prices also started to pick up until….. in 2006 house prices started dropping. Then in 2007 stock prices followed, and in 2008 everything came crashing down and the world faced its biggest banking crisis in a hundred years.
Currently banks are far better regulated and are less likely to have pumped up asset prices such as those of stocks like Tesla, and Nvidia, but also about crypto assets like Bitcoin and Ethereum.
This video has been inspired by work from economists at the Bank for International Settlements such as Claudio Borio. I'm also using it in a course that I am teaching at the University of Groningen called International Financial Markets that I teach with prof. Dirk Bezemer.
Want to know more? Watch the video, or read it all in the script here: https://www.moneymacro.rocks/2021-01-27-domestic-financial-cycle/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше

активный
How Janet Yellen Rose to The Top
Treasury secretary of the United States of America, the most powerful [...]
Treasury secretary of the United States of America, the most powerful job in finance. And the next person to do it will be Janet Yellen. So, it is important to understand what she is all about.
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△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Ascending to the financial throne after Steve Mnuchin, Yellen will be responsible for U.S. economic policy, tax policy, fiscal policy, as well as managing government debt. Obviously, this is a key position for those of you living in the United States. But, it’s also key for those outside of it because of the massive role the Dollar and U.S. economy play in the global economy. After all, stimulus in the U.S. often leads to higher exports in the rest of the world.
So, with Janet Yellen being confirmed by the senate shortly (her confirmation hearing is on the 19th of January), it makes sense that you wonder who is Janet Yellen? What are her qualifications? And, most importantly, what can we expect from her tenure as Treasury secretary?
Yellen has a super impressive CV. She has a PhD from Yale, where she had some Nobel winning supervisors such as James Tobin and Joseph Stiglitz. Next, she worked at elite universities such as Harvard, the London School of Economics (LSE) and University of California Berkeley. Also, she served on several government advisory boards and was local chairwoman at the San Francisco Fed, vice chairwoman and later chairwoman at the Fed. Finally, she has published (partly co-authored with her Nobel winning husband George Akerlof) in elite journals such as the American Economic Review, Quarterly Journal of Economics, and the Journal of Monetary Economics.
She is a Keynesian economist with dovish views on the monetary policy and a tough on big business streak. But, will she be a dovish Treasury secretary as well?
Check out the full script at https://www.moneymacro.rocks/2021-01-19-yellen-treasury-secretary/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-sch...
Attribution:
- Brown university from Official YouTube channel Creative Common license
- Brookings institute from: Millennial Monitor YouTube channel Creative Common licenseПоказать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Consider supporting me on: https://www.patreon.com/moneymacro
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
Ascending to the financial throne after Steve Mnuchin, Yellen will be responsible for U.S. economic policy, tax policy, fiscal policy, as well as managing government debt. Obviously, this is a key position for those of you living in the United States. But, it’s also key for those outside of it because of the massive role the Dollar and U.S. economy play in the global economy. After all, stimulus in the U.S. often leads to higher exports in the rest of the world.
So, with Janet Yellen being confirmed by the senate shortly (her confirmation hearing is on the 19th of January), it makes sense that you wonder who is Janet Yellen? What are her qualifications? And, most importantly, what can we expect from her tenure as Treasury secretary?
Yellen has a super impressive CV. She has a PhD from Yale, where she had some Nobel winning supervisors such as James Tobin and Joseph Stiglitz. Next, she worked at elite universities such as Harvard, the London School of Economics (LSE) and University of California Berkeley. Also, she served on several government advisory boards and was local chairwoman at the San Francisco Fed, vice chairwoman and later chairwoman at the Fed. Finally, she has published (partly co-authored with her Nobel winning husband George Akerlof) in elite journals such as the American Economic Review, Quarterly Journal of Economics, and the Journal of Monetary Economics.
She is a Keynesian economist with dovish views on the monetary policy and a tough on big business streak. But, will she be a dovish Treasury secretary as well?
Check out the full script at https://www.moneymacro.rocks/2021-01-19-yellen-treasury-secretary/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-sch...
Attribution:
- Brown university from Official YouTube channel Creative Common license
- Brookings institute from: Millennial Monitor YouTube channel Creative Common licenseПоказать больше

активный
How Quantitative Easing Differs from Money Printing | QE Explained
No! Quantitative Easing (QE) is not the same as money printing. This [...]
No! Quantitative Easing (QE) is not the same as money printing. This video explains exactly what the meaning of quantitative easing is and what the differences are with money printing.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Consider supporting me on: https://www.patreon.com/moneymacro
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
△ Want to know more about central banking? Check out the playlist: https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Check out how I use these principles to study country economies: https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
Want to know more? Watch the video, or read it all in the script here: https://www.moneymacro.rocks/2021-01-13-qe-explained/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Timestamps:
0:00 - introduction
1:01 - what QE is
1:48 - the two main differences
3:48 - why central bankers use QE
Extended description:
In 2021, we can safely say that QE has become a staple in the monetary policy toolkit of central banks such as the United States Federal Reserve (fed), European Central Bank (ECB), Bank of England, and the Bank of Japan. This policy is also known as large scale asset purchases (and monetary easing). This makes sense because this is basically what happens. However, since the central bank is doing it, new bank reserves are created to buy these bonds. The central bank thus expands it balance sheet and, since reserves are money, it increases the money supply. However, with money printing, the central bank creates notes & coins, not reserves. This is important because reserves can only be used by banks. Also, the central bank takes government (and sometimes corporate) bonds out of circulation with QE. Since bonds are also used by financial institutions to pay each other (in repo markets), it could be that effectively the money supply doesn't change much.Показать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Consider supporting me on: https://www.patreon.com/moneymacro
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
△ Want to know more about central banking? Check out the playlist: https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Check out how I use these principles to study country economies: https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
Want to know more? Watch the video, or read it all in the script here: https://www.moneymacro.rocks/2021-01-13-qe-explained/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Timestamps:
0:00 - introduction
1:01 - what QE is
1:48 - the two main differences
3:48 - why central bankers use QE
Extended description:
In 2021, we can safely say that QE has become a staple in the monetary policy toolkit of central banks such as the United States Federal Reserve (fed), European Central Bank (ECB), Bank of England, and the Bank of Japan. This policy is also known as large scale asset purchases (and monetary easing). This makes sense because this is basically what happens. However, since the central bank is doing it, new bank reserves are created to buy these bonds. The central bank thus expands it balance sheet and, since reserves are money, it increases the money supply. However, with money printing, the central bank creates notes & coins, not reserves. This is important because reserves can only be used by banks. Also, the central bank takes government (and sometimes corporate) bonds out of circulation with QE. Since bonds are also used by financial institutions to pay each other (in repo markets), it could be that effectively the money supply doesn't change much.Показать больше

активный
Silver & Credit Money in Ancient Athens | History of Money
Want to help me do more research? Consider supporting via: [...]
Want to help me do more research? Consider supporting via: https://www.patreon.com/moneymacro or https://ko-fi.com/moneymacro
The silver Drachmae was basically the dollar of the Ancient Mediterranean and Ancient Greece in general. Want to know why? Then, check out this video.
△ Interested in other country economic case studies? https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
△ Want to know about central banking? https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Interested in bubbles and asset markets? https://www.youtube.com/playlist?list=PLGbVoSdwvesD_W5OHSJ6J_j-RKeCxl0OS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
The script for this video can be found here:
https://www.moneymacro.rocks/2020-12-30-ancient-athens-finance/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Attribution:
- Ricardo Liberato - All Gizah Pyramids CC BY-SA 2
- Song: Desert City by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100564
Artist: http://incompetech.com/
Extended description:
Besides the rise of the Athenian 'owl coin,' this video covers money in Mesopotamia, the government, treasury and mint of Athens, private banking, finance (with an emphasis on ship finance), as well as financial law in Ancient Athens. Basically, it covers the entire financial monetary system of this awesome city state that monetarily dominated the Ancient Greek world.Показать больше
The silver Drachmae was basically the dollar of the Ancient Mediterranean and Ancient Greece in general. Want to know why? Then, check out this video.
△ Interested in other country economic case studies? https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
△ Want to know about central banking? https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Interested in bubbles and asset markets? https://www.youtube.com/playlist?list=PLGbVoSdwvesD_W5OHSJ6J_j-RKeCxl0OS
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo
The script for this video can be found here:
https://www.moneymacro.rocks/2020-12-30-ancient-athens-finance/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Attribution:
- Ricardo Liberato - All Gizah Pyramids CC BY-SA 2
- Song: Desert City by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100564
Artist: http://incompetech.com/
Extended description:
Besides the rise of the Athenian 'owl coin,' this video covers money in Mesopotamia, the government, treasury and mint of Athens, private banking, finance (with an emphasis on ship finance), as well as financial law in Ancient Athens. Basically, it covers the entire financial monetary system of this awesome city state that monetarily dominated the Ancient Greek world.Показать больше

активный
Why Cyberpunk's Night City Uses Eurodollars
Night City, a free city in California, uses Eurodollars rather than [...]
Night City, a free city in California, uses Eurodollars rather than U.S. Dollars... Why? That is the question we will try to answer in this video about the lore of the Cyberpunk 2077 universe.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Consider supporting me on: https://www.patreon.com/moneymacro
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
△ Interested in other country economic case studies? https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
△ Want to know about central banking? https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Interested in bubbles and asset markets? https://www.youtube.com/playlist?list=PLGbVoSdwvesD_W5OHSJ6J_j-RKeCxl0OS
Like to read? Check out the script of this video here: https://www.moneymacro.rocks/2020-12-21-why-eddies-cyberpunk/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Attribution
- Maastricht Treaty CC BY 2.0 de by Mateus2019
- Maastricht city CC BY-SA 3.0 by Arne Hückelheim
- Foto Monrovia, Liberia CC BY 2.0 Erik (HASH) Hershman
- Photo Yanis Varoufakis, CC-BA- 3.0-de by Olaf Kosinsky
- Background music and game images by CD Project Red
Extended description:
To answer the main question, this video first explores what are Eddies are and how they defeated the once mighty U.S. dollar, to become the world reserve currency. This already happened way before Cyberpunk 2077, Cyberpunk 2020 and Cyberpunk Red, created by Mike Pondsmith. Finally, we'll explore why Night City would use this European currency and how it compares to real life counterparts such as Hong Kong, Panama, and Liberia.Показать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Consider supporting me on: https://www.patreon.com/moneymacro
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
△ Interested in other country economic case studies? https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
△ Want to know about central banking? https://www.youtube.com/playlist?list=PLGbVoSdwvesCIGv-sN7OiQLryj2f4bAGE
△ Interested in bubbles and asset markets? https://www.youtube.com/playlist?list=PLGbVoSdwvesD_W5OHSJ6J_j-RKeCxl0OS
Like to read? Check out the script of this video here: https://www.moneymacro.rocks/2020-12-21-why-eddies-cyberpunk/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Attribution
- Maastricht Treaty CC BY 2.0 de by Mateus2019
- Maastricht city CC BY-SA 3.0 by Arne Hückelheim
- Foto Monrovia, Liberia CC BY 2.0 Erik (HASH) Hershman
- Photo Yanis Varoufakis, CC-BA- 3.0-de by Olaf Kosinsky
- Background music and game images by CD Project Red
Extended description:
To answer the main question, this video first explores what are Eddies are and how they defeated the once mighty U.S. dollar, to become the world reserve currency. This already happened way before Cyberpunk 2077, Cyberpunk 2020 and Cyberpunk Red, created by Mike Pondsmith. Finally, we'll explore why Night City would use this European currency and how it compares to real life counterparts such as Hong Kong, Panama, and Liberia.Показать больше

активный
The Monetary Financial System Visually Explained
Visualization of the monetary financial system, which is built on [...]
Visualization of the monetary financial system, which is built on central bank money, thrives on private bank money, and is topped of with a large layer of other financial instruments.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Consider supporting me on: https://www.patreon.com/moneymacro
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
This video builds on the academic theory which is known as the hierarchy of money. The main point of the hierarchy of money is that some forms of money are better than others. It is a theory that is very popular in post-Keynesian economics. It is also compatible with Modern Monetary Theory (MMT) since it includes money creation by both the private sector and the state.
When the economy is doing well, this hierarchy can be difficult to see. However, when there is a crisis, it will become immediately obvious that your hedge fund investments are better sold in exchange for private bank money. And when the going really gets tough, you might even be better off to run to your local bank and withdraw all of your money to walk home with a bag of cold hard cash (bank run).
I like to visualize the hierarchy of money as a circle where there is a monetary core of central bank money (including M1, M2, and M3 money, as well as reserves, that can either be created through money printing, monetary finance, or quantitative easing), a large monetary periphery of money created by private banks, and an even larger financial crust that contains all other financial instruments (such as those issued by shadow banks and money market mutual funds).
Using this visualization has helped me tremendously over the years to understand discussions in monetary and financial economics as well as international monetary systems. I hope it will do the same for you.
Want to read the script for this video? Check it out in the form of a blog post here: https://www.moneymacro.rocks/2020-12-09-money-system-visualized/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Attribution:
- Photo of Hyman Minsky by Pontificador via Wikimedia CommonsПоказать больше
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Consider supporting me on: https://www.patreon.com/moneymacro
△ Or for one-time donations: https://www.paypal.com/donate?hosted_button_id=9JRG5URQ9KEHS
This video builds on the academic theory which is known as the hierarchy of money. The main point of the hierarchy of money is that some forms of money are better than others. It is a theory that is very popular in post-Keynesian economics. It is also compatible with Modern Monetary Theory (MMT) since it includes money creation by both the private sector and the state.
When the economy is doing well, this hierarchy can be difficult to see. However, when there is a crisis, it will become immediately obvious that your hedge fund investments are better sold in exchange for private bank money. And when the going really gets tough, you might even be better off to run to your local bank and withdraw all of your money to walk home with a bag of cold hard cash (bank run).
I like to visualize the hierarchy of money as a circle where there is a monetary core of central bank money (including M1, M2, and M3 money, as well as reserves, that can either be created through money printing, monetary finance, or quantitative easing), a large monetary periphery of money created by private banks, and an even larger financial crust that contains all other financial instruments (such as those issued by shadow banks and money market mutual funds).
Using this visualization has helped me tremendously over the years to understand discussions in monetary and financial economics as well as international monetary systems. I hope it will do the same for you.
Want to read the script for this video? Check it out in the form of a blog post here: https://www.moneymacro.rocks/2020-12-09-money-system-visualized/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/
Attribution:
- Photo of Hyman Minsky by Pontificador via Wikimedia CommonsПоказать больше

активный
The Economics Nobel Prize CONTROVERSY Explained
The Nobel memorial prize in economic sciences was the only prize not [...]
The Nobel memorial prize in economic sciences was the only prize not to be included in the will of Alfred Nobel. In a controversial move, it was created in 1968 by the Swedish central bank.
However, the Nobel science committee awards the prize and treats the economists who won it exactly the same as all other winners. This includes big names such as: Jan Tinbergen, Paul Samuelson, Kenneth Arrow, Wassily Leontief, Friedrich Hayek (who criticized the prize), Milton Friedman, Bertil Ohlin, James Tobin, Franco Modigliani, Robert Solow, John Forbes Nash, William Vickrey (see my previous video), Myron Scholes, Robert Mundell, George Akerlof, Joseph Stiglitz, Daniel Kahneman, Paul Krugman, Elinor Ostrom (the first woman to win the prize), Robert J. Shiller, Jean Tirole, Richard Thaler, William Nordhaus, Paul Romer, Abhijit Banerjee, Esther Duflo, and finally, this year Paul Milgrom, and Robert B. Wilson.
So what is so controversial about the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel?
Some have asked, why does economics need this extra prize. Other popular sciences like computer science and mathematics do not have one. Instead, they have the Turing prize and Fields medal respectively.
Some prominent economist like those associated with the Institute for New Economic Thinking see it as a ploy by the Swedish central bank to make central bank independence more credible.
One of the most scathing criticism comes from Peter Nobel, one of the descendants of Alfred Nobel. Peter has said that his great uncle Alfred despised people who cared more about profits than society’s well-being.
Want to read the script for this video? Check it out in the form of a blog post here: https://www.moneymacro.rocks/2020-11-24-auction-theory-3/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше
However, the Nobel science committee awards the prize and treats the economists who won it exactly the same as all other winners. This includes big names such as: Jan Tinbergen, Paul Samuelson, Kenneth Arrow, Wassily Leontief, Friedrich Hayek (who criticized the prize), Milton Friedman, Bertil Ohlin, James Tobin, Franco Modigliani, Robert Solow, John Forbes Nash, William Vickrey (see my previous video), Myron Scholes, Robert Mundell, George Akerlof, Joseph Stiglitz, Daniel Kahneman, Paul Krugman, Elinor Ostrom (the first woman to win the prize), Robert J. Shiller, Jean Tirole, Richard Thaler, William Nordhaus, Paul Romer, Abhijit Banerjee, Esther Duflo, and finally, this year Paul Milgrom, and Robert B. Wilson.
So what is so controversial about the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel?
Some have asked, why does economics need this extra prize. Other popular sciences like computer science and mathematics do not have one. Instead, they have the Turing prize and Fields medal respectively.
Some prominent economist like those associated with the Institute for New Economic Thinking see it as a ploy by the Swedish central bank to make central bank independence more credible.
One of the most scathing criticism comes from Peter Nobel, one of the descendants of Alfred Nobel. Peter has said that his great uncle Alfred despised people who cared more about profits than society’s well-being.
Want to read the script for this video? Check it out in the form of a blog post here: https://www.moneymacro.rocks/2020-11-24-auction-theory-3/
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town)
https://twitter.com/joerischasfoort
https://www.linkedin.com/in/joeri-schasfoort/Показать больше
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