Videos
(3)
[TRANSLATED]
What is a cartel?
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What is a cartel?
Cartels and how they work.
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Inflation explained
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Inflation explained
Inflation and unemployment rate.
Edit 18.4.2008: Okay, yeah, I know this video ...
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Ice Age rules
[TRANSLATED]
Ice Age rules
Prehistoric human discovers fire.
Channel Comments
(4)
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garybsg
(1 month ago)
Imagine living on an island where a fisherman catches 3 fish and a coconut man collects 3 coconuts. Each cost a $1. The amount of money in economy is $6 and the wealth is 3 fish and 3 coconuts. Then one day a bottle floats a shore and a man finds $10,000 in it. This is inflation. The monetary base has increase but the wealth has stayed the same 3 fish and 3 coconuts. You did a great job with the graphics and you understand more about inflation then 99% of the population. Just need a little tweak.
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milenko27887
(5 months ago)
Thank you very much!
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gowiemeister
(5 months ago)
LMAO your stuff is amazing. All economics classes should be done like your diagrams!
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Shorackoff
(1 year ago)
I like your attempts at explaining economics. :)
The visual aspect is very nicely done. (i like the simple drawing style ;)) But, your inflation explanation is a bit flawed (as you know yourself it seems), i hope you fix it one day, would be a nice favorite. |
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