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Barter System - An economy where exchange without money (HINDI): Welfare Academy
 
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Barter System in HINDI वस्तु विनिमय प्रणाली Advantage and Limitations. By: Jyotish Kumar Definition ********** It is a type of economy in which there exist direct exchange of goods and services without using money. It is a oldest system of trade, but it still exist in our society parallel to the monetary system. Advantage *********** It is a simple system avoid of the complex problem of the modern monetary system. The problem of international trade (i.e. foreign exchange crisis & adverse balance of payments)do not exist. There is no problem of concentration of economic power into the hands of a few rich persons, because there is no possibility of storing the commodities. There is no question of over or under production & unemployment since goods are produced just to meet the needs of the society, hence natural resources will be perfectly utilized without any wastage. Limitations ************ Lack of Double coincidence of want. Lack of divisibility. Absence of common measure of value. Problem of storing wealth. Lack of standards for deferred payments. Problem of transportation. #BarterSystem #Economics #Economy
Views: 685 Welfare Academy
The Freeborn Exchange – An Alternative Economy | Gavin Freeborn | TEDxUAL
 
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Since November 2011 Gavin has explored 21 countries, modernising the concept of folk artists who barter their skills to survive he exchanges photography for hospitality, skills and objects, hoping to inspire others to explore their potential alternative currency in everyday life. A self-taught Photographer, Gavin Freeborn, originally from Ireland now lives in Brixton, London and works in marketing and communications at Chelsea College of Arts, University of the Arts London. Over the last 10 years he has also made a portrait and documentary photography practice. Social media is integral to his work and Gavin also teaches this subject part-time at UAL and other institutes. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx
Views: 1568 TEDx Talks
BARTER EXCHANGE SYSTEM MEANING
 
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BARTER EXCHANGE OR BARTER EXCHANGE SYSTEM Direct exchange of goods against goods without use of money is called barter exchange. Alternatively, economic exchanges without the medium of money are referred to as barter exchanges. An economy based on barter exchange (i.e., exchange of goods for goods) is called C.C. Economy, i.e., commodity for commodity exchange economy. In such an economy, a person gives his surplus good and gets in return the good he needs.
Views: 108 aucommerce Scholar
Money and Finance: Crash Course Economics #11
 
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So, we've been putting off a kind of basic question here. What is money? What is currency? How are the two different. Well, not to give away too much, but money has a few basic functions. It acts as a store of value, a medium of exchange, and as a unit of account. Money isn't just bills and coins. It can be anything that meets these three criteria. In US prisons, apparently, pouches of Mackerel are currency. Yes, mackerel the fish. Paper and coins work as money because they're backed by the government, which is an advantage over mackerel. So, once you've got money, you need finance. We'll talk about borrowing, lending, interest, and stocks and bonds. Also, this episode features a giant zucchini, which Adriene grew in her garden. So that's cool. Special thanks to Dave Hunt for permission to use his PiPhone video. this guy really did make an artisanal smartphone! https://www.youtube.com/watch?v=8eaiNsFhtI8 Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 652117 CrashCourse
The History of Paper Money - Origins of Exchange - Extra History - #1
 
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Giant stones sunk under the sea? Cows? Cowrie Shells? What do they all have in common? They were all money. Find out how we got from exchanging these things to doing 8 hours of work for a stack of paper that takes 2 seconds to print on The History of Paper Money. (--More below) Support us on Patreon! http://bit.ly/EHPatreon Grab your Extra Credits gear at the store! http://bit.ly/ExtraStore Subscribe for new episodes every Saturday! http://bit.ly/SubToEC Play games with us on Extra Play! http://bit.ly/WatchEXP Talk to us on Twitter (@ExtraCreditz): http://bit.ly/ECTweet Follow us on Facebook: http://bit.ly/ECFBPage Get our list of recommended games on Steam: http://bit.ly/ECCurator ____________ ♪ Get the intro music here! http://bit.ly/1EQA5N7 *Music by Demetori: http://bit.ly/1AaJG4H ♪ Get the outro music here! http://bit.ly/23isQfx *Music by Sean and Dean Kiner: http://bit.ly/1WdBhnm
Views: 1143673 Extra Credits
An economy without money: Yankipakuy
 
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YANKIPAKUY is the way that during thousands of years Andean societies satisfy their needs of food provision. Yankipanakuy is the exchange of goods per goods, usually between farmers located in different ecosystems. So, it is a economy without money. Yankipakuy is not exclusive of Andean societies but it reached a high degree of sofistication in Inka society where the exchange of food production mobilized entire communities from the 0 masl to 5000 masl in the Andes. Talk about Yankipakuy is not just about satisfying the need of food, but a real cultural exchange and social cohesion. Yankipanakuy is a real celebration of what nature provides humans for leaving. Talk about Yankipanakuy in not about the pass but about a current practice in the Andean communities. KAMAQ Research&Action Kusiquyllur&Kunturcha.
The exchange economy: Marta Nowinska at TEDxTheAnnexWomen
 
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Marta Nowinska discusses The Exchange Economy: Value for Values. Marta Nowinska is a social entrepreneur and the founder of Swapsity. She traded her Bay Street finance job to start Canada's leading swapping community. It is her unique experience and exposure to the world of money and complementary economy that enables her to draw from the best of both worlds. TEDxTAW would like to thank our generous sponsors for all the support in making the inaugural event a huge success. Thank you to The Munk School of Global Affairs, Chatelaine Magazine, Reprodux, Rogers TV, Because You Said So Promotions + Events, SustainableMRK, Orange Fish, and UBER. We could not have done it without your support. In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
Views: 6372 TEDx Talks
World's Most Confusing Currency? (IRANIAN RIAL)
 
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One of my favorite things to do whenever I enter a new country (like Iran) is analyzed their currency situation, exchange rate and how these things affect their economy. I’ve handled many inflated currencies -- such as the Indonesian RUPIAH and Vietnamese DONG — but here in Iran, the RIAL gets a lot more confusing than inflation. Iran has 2 different systems to count their money. The first is RIALS (the official Iranian currency), and the second is TUMAN (which is like the Rial, without the last zero). As a traveler, you don’t know which price is listed unless you ask. $1 USD = 50,000 Rials and that same $1 dollar = 5,000 Tuman. Sound confusing? ... It is! Moreover, the only way to get money in Iran as a tourist is by bringing lots of cash (USD or Euros is preferred) and then exchanging it for Iranian Rials when you arrive. The reason is because there are no ATMs in Iran that cater to foreign banks. If you are as confused reading this as I am typing it out, then this video will explain the confusing world of the Iranian Rial a little better. Just curious, did you know anything about this before I made this video? Please share your thoughts on this below! And special thanks to G Adventures for hosting me on this life changing trip! Music: Epidemic Sound ► SUBSCRIBE for daily travel videos: http://bit.ly/2hyQnZ1 ► Are you on Instagram? Join me @drewbinsky! ► Travel Blog: https://drewbinsky.com/ ESSENTIAL GEAR (these are affiliate links, meaning I make a small commission at no additional cost to you. Your purchase helps me continue making these videos!) ► Panasonic Lumix GH5 (main camera): https://amzn.to/2rC8hi9 ► DJI Spark (drone): https://amzn.to/2IdS09r ► Go Pro Hero Session 5: https://amzn.to/2rE1mo3 ► MacBook Pro 15'': https://amzn.to/2Ga9Qs3 ► 2TB Lacie External Hardrive: https://amzn.to/2Ihh2IW ► JOBY Gorilla Tripod: https://amzn.to/2rJtAOU ► Osprey 46L Backpack: https://amzn.to/2rJtGWM Want $30 off your next hotel booking? Use this link: https://www.booking.com/s/faf31869 ... (You will get $30 credited to your account immediately after your stay. You're welcome!) FIND ME ON SOCIAL MEDIA: ►Facebook @drewbinsky: https://www.facebook.com/drewbinsky/ (I post daily videos there too!) ►Instagram @drewbinsky: https://www.instagram.com/drewbinsky/ ►Snapchat @drewbinsky ►Twitter @drewbinsky: https://twitter.com/drewbinsky MORE ABOUT ME: https://drewbinsky.com/about/ CONTACT ME: drew (at) drewbinsky (dot) com
Views: 1049342 Drew Binsky
Profit In 60 Seconds Trading Bitcoin Without Converting Your Money Into Cryptocurrency
 
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Close Option: https://tinyurl.com/closeoption An effective way to earn money on the bitcoin exchange rate. This earning strategy is not a one-off trick or mere luck. To me, it’s pure mathematics. The challenge is to decide to use this strategy and strictly follow its key tenets. Those who can do this earn truly big money. There may be a bad day where you will make several losing trades, that is why it is important to follow up with this strict rule of investment: If you have $100 in your account, each open position should be $5 tops If you have $200 in your account, each open position should be $10 tops If you have $500 in your account, each open position should be $25 tops If you have $1,000 in your account, each open position should be $50 tops If you have $2,000 in your account, each open position should be $100 tops If you have $5,000 in your account, each open position should be $250 tops We're currently in our 6th year helping traders become successful in the live markets so we know a thing or two about leveraging a small account into serious wins. Cryptocurrencies are the BIGGEST moneymakers in the market. And cryptos could well become the biggest bull market in the history of money. But did you know just how QUICK AND EASY it is to take as little as $250 and grow into a multimillionaire with cryptos? In fact, you could’ve turned $250 into a millionaire fortune . Today, I’m going to show you precisely how that can happen with the right crypto day trading. Step by step, dollar by dollar, you’ll see how $500 could have blossomed into millions. Even better, you can do it all with your computer, right from your kitchen table. tags how to make money bitcoin 2018, ways to earn bitcoins, make money trading bitcoins, money bitcoin mining, how to make money with bitcoin mining how to make money with bitcoin 2018, bitcoin autotrader review, best bitcoin trading bot, bitcoin trading bot open source, bitcoin trading bot review, free bitcoin trading bot, bitcoin trading bots, bitcoin trading bot , trading stocks market finance investing daytrading day trading momentum trading beginner stock market swing trading swingtrading education stacks money news wall street wallstreet options futures forex technical analysis business economy economics analysis fundamental analysis investment stock trade financial invest entrepreneur personal finance online investing
Views: 248 Boss Capital
Imagine A World Without Money...
 
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A 10 minute clip from the movie Zeitgeist: Addendum. **Watch/Download Zeitgeist Series for FREE in the following link.** https://www.youtube.com/watch?v=EewGMBOB4Gg http://www.zeitgeistmovie.com/ http://thevenusproject.com/ http://www.thezeitgeistmovement.com/ - Visionary and self-taught architect, Jacques Fresco explains his ideal world that incorporates a resource-based system. No money, or other form of bartering exchange. A world without money is more than just imagination; it is very possible. Jacque Fresco believes if we decide to do this today, all things about this world can be achieved within only 10 years! Look at our world and all the unnecessary suffering at the hands of the monetary system. Money is a flawed system that is holding humanity back. Just watch this. I'm sure you will all agree. -211Network
Views: 14863 WakeUpWorld TV
10 Expert Predict When The Imminent Economic Collapse & Stock Market Crash Will Happen
 
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Will the Economic Collapse happen in 2018? These 10 well-known expert and strategists predict when will the U.S. economy collapse. The risks of a recession in the next 18-24 months are rising and the markets are potentially on a collision course for a major stock market crash. Are You Prepared For The Coming Economic Collapse And The Next Great Depression? If a U.S. economic collapse occurs, it will happen quickly. For example, the U.S. economy almost collapsed on September 17, 2008. That's the day the Reserve Primary Fund broke the buck. Panicked investors withdrew a record $140 billion from money market accounts where businesses keep cash to fund day-to-day operations. If withdrawals had gone on for even a week, the entire economy would have halted. That meant trucks would stop rolling, grocery stores would run out of food, and businesses would shut down.  Fortunately, the Federal Reserve Chairman and U.S. Treasury Secretary noticed the signal and knew what it meant. Ben Bernanke was a Great Depression scholar. Hank Paulson was a Wall Street veteran. Their bailout plan supplied enough cash to prevent a total collapse. The 2008 financial crisis did plenty of damage, but it could have been much worse. Music: CO.AG Music https://www.youtube.com/channel/UCcavSftXHgxLBWwLDm_bNvA A stock market crash is a precipitous and rapid decline (that may persist for months or years) in the prices of shares traded on a stock exchange, caused by panic selling. Stock market crashes are triggered typically by loss of investor confidence after an unexpected event, and are exacerbated by fear. Stock market crash are usually preceded by a period of prolonged and high inflation, economic and/or political uncertainty, or hysteric speculative activity. They bring normal economic activity to a halt, wipe out the savings of millions of investors, and bring widespread misery in their wake, specially for the weaker and vulnerable sections of the society.
Views: 489101 Epic Economist
PROBLEMS OF BARTER EXCHANGE DISADVATNGES OF BARTER EXCHANGE
 
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DISADVANTAGES OR PROBLEMS OF BARTER EXCHANGE SYSTEM Double Coincidence of Wants The wants of the two persons who desire to exchange goods must coincide. For example, if person A wants to acquire shoes in exchange for wheat, then he must find another person who wants wheat for shoes. 2. Absence of Common Measure of Value The absence of a common measure of value creates great problem because a lot of time is wasted to strike a bargain. Since there is no common measure in terms of which the value of a commodity can be expressed, the problem arises how much wheat should be exchanged for how many pairs of shoes. In fact, under the barter system, every good must be expressed in terms of every other good. 3. Lack of Divisibility: Another difficulty of barter system relates to the fact that all goods cannot be divided and subdivided. In the absence of a common medium of exchange, a problem arises, when a big indivisible commodity is to be exchanged for a smaller commodity. For example, if the price of a horse is equal to 10 shirts, then a person having one shirt cannot exchange it for the horse because it is not possible to divide the horse in small pieces without destroying its utility. 4. The Problem of Storing Wealth: Under a barter system, there is absence of a proper and convenient means of storing wealth or value, (a) As opposed to storing of generalized purchasing power (in the form of money) in a monetary economy, the individuals have to store specific purchasing power (in the form of horses, shoes, wheat etc.) under the barter system which may decrease in value in the due course of time due to physical deterioration or a change in tastes, (b) It is very expensive to store specific goods for a long time, (c) Again the wealth stored in the form of specific goods may create jealousy and enmity among the neighbours or relatives. 5. Difficulty of Deferred Payments: The barter system does not provide a satisfactory unit in terms of which the contracts about the deferred (future) payments are to be written. In an exchange economy, many contracts relate to future activities and future payments. Under barter system, future payments are written in terms of specific goods. 6. Problem of Transportation: Another difficulty of barter system is that goods and services cannot be transported conveniently from one place to another. For example, it is not easy and without risk for an individual to take heaps of wheat or herd of cattle to a distant market to exchange them for other goods. With the use of money, the inconveniences or risks of transportation are removed.
Views: 378 aucommerce Scholar
Online Companies Like Facebook Have Created a Meaningless Economy, says Douglas Rushkoff
 
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Online businesses were originally measured by how much they sold. Makes sense, right? That's how economics is taught. But today, the largest online companies depend on an "economy of likes" to make money, says media theorist Douglas Rushkoff. Valuations for companies like Facebook depend largely on their user base, he says, rather than their actual profits. An interesting case in point is Jay-Z's partnership with Samsung. When the technology company gave away one million copies of the rapper's album Magna Carta Holy Grail on users' phones, paying Jay-Z $5 million, they weren't really purchasing his music — they were purchasing this fan base (and installing spyware on their phones via the album download). The attraction of this business model to investors is that the ability to measure consumer behavior directly, via spyware or "likes," is meant to replace traditional modes of advertising. But when everyone is an advertising company, asks Rushkoff, what happens to the real economy? Indeed companies who are extracting huge profits from society without giving us something tangible in return, like razorblades or bananas, are harming the real economy. Business should benefit society directly, not indirectly, as when billionaires donate their absurd wealth to our schools. That's a robber baron society. We just want a society. Rushkoff's latest book is "Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity": http://www.indiebound.org/book/9781617230172 Read more at BigThink.com: http://bigthink.com/videos/douglas-rushkoff-on-the-abstract-digital-economy Follow Big Think here: YouTube: http://goo.gl/CPTsV5 Facebook: https://www.facebook.com/BigThinkdotcom Twitter: https://twitter.com/bigthink Transcript - In the original .com era companies were measured by how much money they made. The idea was that you sold a lot of stuff and took in a lot of cash and that was the way you could get a valuation and then get acquired or do an IPO. Now, consumers don't have money anymore. People are poor. So companies can't really use revenue as a way of showing what they're worth, plus they have no real business plans. So what they do instead is use likes as a metric of their worth. If a company can have a lot of people saying I'd like it, I like it, I like it, then that more ethereal abstract metric, I've got a million likes; I've got 20 million likes, that becomes marketable. So if I want to sell a record and make money and go to a record company or a CD company, I can show look, my song on YouTube has 500,000 likes and the record company or the sponsor will then promote my music, not even because they're going to make money with that music but because then I'm supposed to sell my likes, my views, my followers to their sponsors. So, a guy like Jay Z comes out with an album through Samsung that he gives away for free because what it really did was installed spyware on people's android phones that could see what they were doing. So what Jay Z was doing was rather than selling his music he was selling his likes. A company like Tumblr had no revenue but they had lots of likes and users who all clicked on each other stuff, they had those phantom metrics. And with that they were able to sell themselves for a billion dollars. This year Yahoo is taking Tumblr, the billion dollars, as a loss. They're writing the whole thing off because they didn't buy a company, they bought likes. But this is the new economy that we're in. It's an abstracted absurd essentially meaningless economy. Read Full Transcript Here: http://goo.gl/vEpjf4
Views: 59924 Big Think
Economy without Money - An initiative
 
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Money is important to run an Economy, But can a Economy run without IT? Do check out this unique initiative of Semente Una. For everyone interested in self development and entrepreneurship for a better world - Semente Una is looking for partners and collaborators around the world
Views: 324 IdeahubTV
Project Update: OmiseGO (OMG) the Next Generation Financial Network and Decentralized Economy
 
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Project Update: OmiseGO (OMG) the Next Generation Financial Network and Decentralized Economy Basics OmiseGO is an Ethereum-based financial technology company offering a decentralized exchange (a blockchain) and a payments platform (a wallet). They are trying to allow people without bank account or financial institution to manage accounts and send money domestically as internationally. The company behind OmiseGo called Omise was founded in 2013 and it's a venture-backed payments company operating in SEA. Omise held ICO in June 2017 where they raised $25M Tokens and usage OmiseGO network is running on Ethereum mainnet and it supposed to be the first project to use the new Plasma.io framework which is scaling solution Projects aims for anyone to be able to conduct financial transactions such as payments, remittances, payroll deposit, B2B commerce, supply-chain finance, loyalty programs, asset management and trading, and other on-demand services, in a completely decentralized and inexpensive way. OMG token will be used to validate the network meaning holders might make gains through proof of stake. It will also be used for fees. Recent News The team is getting closer to implementing plasma solution making it the first project on Ethereum that incorporating it. This is a big deal and if successfuly done could increase the interest and value of OMG. They have recently provided more details about the OMG DEX - a decentralised exchange that will be incorporated into the OMG network and work closely with the payment aspect They have been audited by Quantstamp to ensure Plasma MVP contracts are bug free The team participated in the popular Devcon4 which took part in Prague, Czech Republic where they were providing imformation mostly about the Plasma solution Roadmap There is roadmap available but slightly out of date so the better source of information is the tracker where the progress of the different project parts is tracked. The ultimate goal of the OmiseGo is fully scalabale PoS blockchain and Dex running on Plasma. The process of implementation is divided into steps which team explains nicely in the blog post. The recent updates include: eWallet and apps on Android/ iOS Plasma updates OMG Ecosystem + Roadmap The Omise recently reached almost 100 employees but not all are working on OMG. Availability and price Listed on several major exchanges with: BitMart (21% of volume) GDAC (20%) Huobi (13%) also on DigiFinex, Binance, BitForex, Bithumb, Bittrex, Kucoin and many many more Overall volume around 33M Current price as of 7th of November is around $3.50 with OMG being ranked on 23rd place in terms of the market capitalisation and market cap of around $491M. All 140M tokens are in circulation - something very rare for any projects. This means that mcap will not increase unless the price increases. OMG has been quite dissapointing this year with price decreasing in all aspects (BTC/ETH/USD). It is by no means the worst altcoin out there but the performance was disappointing neverthenless. Interestingly if you participated in the ICO you should still make a nice profit. The ATH is 28.35 and was achieved on 8th of January. How is it doing? OmiseGo has been a rather quiet project for a while now which has been reflected in the price which has been struggling meaning the current valuation might be a good point of entry. The project is very ambitious and nicely planned while the progress does seem to move forward with a lot of development milestones being achieved and upcoming. Being the first project on Ethereum using Plasma should be a big deal for the price and on top of that no new tokens will be introduced. There is also high chance of Coinbase listing. All of these make OMG a promising investment long term if you believe that there is a need for a decentralised Paypal competition. Competition include Request and UTRUST but OMG has slightly different use cases.
Views: 631 Crypto Coins
Imports, Exports, and Exchange Rates: Crash Course Economics #15
 
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What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing. Globalization and free trade do tend to increase overall wealth. But not everybody wins. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 876625 CrashCourse
A World Without Money
 
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A World Without Money Have you ever thought about what you would do if you didn’t need money to live? Bigger still, have you ever thought what the world would be like if no one needed money to live? I remember the first time I heard of this idea. It was presented in the Zeitgeist films. Before I watched the Zeitgeist films, I had given some thought to what it would be like to change the money system but I never thought what the world would be like without money. I was shocked that I had never considered it... SOURCES: by Danette Wallace Growing up, my grandfather taught me about the hidden truths of the world. I was exposed to everything from new age spiritual teachings and mystical religious sects to conspiracies and secret societies. With all this knowledge, there was very little that surprised me as an adult. That is, until I opened my eyes to something that had been in plain sight all along: The monetary system. I was blown away that I had always accepted the money system as “just the way it is.” I was the kind of person that questioned everything. Why hadn’t I questioned this? This led me on a long journey to understand our monetary system and its origins. Along the way, I began to study alternative economies and their systems of equitable resource sharing. From this knowledge, I came to realize that creating new structures, rather than trying to fix current ones, is what will create lasting results. On my website I go into more detail about these new structures. Visit my website www.DanetteWallace.com for more. Website: https://www.gaia.com Check the article here: https://www.gaia.com/article/world-without-money Video's Music source: https://musopen.org Music Licensed under Creative Commons CC1.0 - Public Domain: https://creativecommons.org/publicdomain/mark/1.0/ LIKE, SUBSCRIBE, COMMENT BELOW & SHARE SHARE SHARE WITH OTHERS! ********************************** WELCOME! 😃 SUBSCRIBE ► http://bit.ly/2vHZRJk | ★ PREVIOUS VIDEOS ► https://bit.ly/2J3vKjI | ★ PLAYLISTS ► http://bit.ly/2ihjMJZ ★ SUBSCRIBE TO MY CHANNEL TO BE INFORMED FOR NEW VIDEOS! Enjoy the most by clicking on the Subtitles/Closed Captions icon provided that you can find on the right bottom of the videos with the words CC. ► Become a Holy Guardian Angel contributer! Send your own articles to the channel for consideration. You can also record them with your own voice, or send them via email to me. Send everything to: [email protected] ► Check the Discussion/Community Tab to be informed about my latest news: https://bit.ly/2pPZmZy LIKE, SUBSCRIBE, COMMENT BELOW & SHARE SHARE SHARE WITH OTHERS! ********************************** Social Media & Other Links: SUBSCRIBE ► http://bit.ly/2vHZRJk DISCUSSION/COMMUNITY TAB ► https://bit.ly/2pPZmZy PAYPAL DONATIONS WELCOME [email protected] ► http://bit.ly/2w3B5mP LIKE MY FACEBOOK ► http://bit.ly/2usDEeA FOLLOW ME ON TWITTER ► http://bit.ly/2urLb1e FOLLOW GOOGLE+1 ME ► http://bit.ly/2vSmewd CHECK OUT MY OTHER VIDEOS ► https://bit.ly/2J3vKjI THANK YOU FOR WATCHING THIS VIDEO! LIKE, SUBSCRIBE, COMMENT BELOW & SHARE SHARE SHARE WITH OTHERS! Be Blessed **********************************
The Circular Flow Model of a Market Economy
 
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By this point in your course you may have learned the definition of a market: A place where buyers and sellers meet to engage in mutually beneficial exchanges. But what is a market economy? Two basic types of markets exist in any market economy: resource markets and product markets. The exchanges that take place in these markets benefit both the households and the firms that engage in exchanges. This lesson will introduce the circular flow of money, resources and goods and services in a market economy. We will examine how resources flow from households to firms, and goods and services from firms to households. We will also seek to explain why individuals are willing to engage in the exchanges that characterize the market system. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 309660 Jason Welker
How China’s Wealthy Use Macau to Get Money Out | China Uncensored
 
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With big restrictions on offshoring money, China's financial elite find a creative way to get their wealth out of China. This video is the fourth and final segment from China Uncensored's new half-hour show format. For the full episode, visit http://www.chinauncensored.tv/august-25-2017-full-episode/ Contribute! Join the China Uncensored 50-Cent Army! https://www.patreon.com/ChinaUncensored Subscribe for more episodes! https://www.youtube.com/ChinaUncensored Make sure to share with your friends! ______________________________ Twitter: https://twitter.com/ChinaUncensored Facebook: http://www.facebook.com/ChinaUncensored Instagram: http://instagram.com/ChinaUncensored ______________________________ MORE EPISODES: Macau Vs. Hong Kong: Top 5 Differences https://www.youtube.com/watch?v=EQk-a5ogBSg The Fight for Democracy in the OTHER China: Macau https://www.youtube.com/watch?v=oJxQO207zw4
Views: 118745 China Uncensored
Universal Basic Income Explained – Free Money for Everybody? UBI
 
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What is UBI? How would free money change our lives. Kurzgesagt Newsletter: http://eepurl.com/cRUQxz Support us on Patreon so we can make more videos (and get cool stuff in return): https://www.patreon.com/Kurzgesagt?ty=h Kurzgesagt merch: http://bit.ly/1P1hQIH The MUSIC of the video: Soundcloud: http://bit.ly/2BHihcO Bandcamp: http://bit.ly/2AY8lPf Facebook: http://bit.ly/2qW6bY4 A few sources: Cash Transfers and Temptation Goods http://bit.ly/2gfkwsN Debunking the Stereotype of the Lazy Welfare Recipient: Evidence from Cash Transfer Programs Worldwide http://bit.ly/1lFeO5Y The Poverty Trap http://bit.ly/2iCv9cK The short-term impact of unconditional cash transfers to the poor: experimental evidence from Kenya http://bit.ly/2ixSbEn Opinion: Our Broken Economy, in One Simple Chart http://nyti.ms/2vzE1be Modeling the Macroeconomic Effects of a Universal Basic Income http://bit.ly/2xLWUFi On the Economics of a Universal Basic Income http://bit.ly/2BdHoaX What Would Happen If We Just Gave People Money? http://53eig.ht/230Td6X Cash Transfers and Temptation Goods – A Review of Global Evidence http://bit.ly/2cXUTyY Cash transfers: what does the evidence say? A rigorous review of impacts and the role of design and implementation features http://bit.ly/2av62Ya Cash as Capital http://bit.ly/2rGvlgZ THANKS A LOT TO OUR LOVELY PATRONS FOR SUPPORTING US: Kelly-Anne B, Kevin Perot, Ehsan Kia, Larry Peterson, Verteiron, Kristofer Sokk, Lily Lau, Fabian Keller, Hrvoje Stojanović, Chris K, Rebecca Lawson, Jonah Larsen, Tombfyre, Carlos Fuentealba, Logan Spalding, Richard Williams, Sylvain Gibouret, Paul Cowan, François Agier, Tristin, Matthias Monnereau, Qiiii Wang, Hendrik Ewe, Jenny Wang, Steve Root, Erickson Dias, Daniel Dod, Peggy Snow, fxenergy, Stephan Wölcher, Christian Strømnes, Michael, Dave, Anders Mærøe, Peter Sodke, Mathis Rehfeld, Obedient Gamer, Mersija Maglajlic, Christian Kleinferchner, Luke Stowers, Macrieum, Joanna Iwańska, Eli Mahler, Kevin Stamps, K., Mike Danielson, Harethh aljagbir, Panayot Todorov, TechyTF77 , Jacob Hilliard, Paul Flynn, Raymond Carter, Luke Welton, Ryan Kratt, robert oseveno, Hugo Chuang, Seggev Shoresh, Mechanically Cryptic, Niklas Widmann, Moshe Simantov, Sebastian Link, Leezdorfer, Andrei Robu, Karla Brilman, Jason Lopez, n0mir3k, Daniel Mardale Help us caption & translate this video! http://www.youtube.com/timedtext_cs_panel?c=UCsXVk37bltHxD1rDPwtNM8Q&tab=2 Universal Basic Income Explained – Free Money for Everybody? UBI
Imagining a World Without Money
 
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A 10 minute clip from the movie Zeitgeist: Addendum. **Watch/Download Zeitgeist for FREE in the following link.** http://www.zeitgeistmovie.com/ - Visionary and self-taught architect, Jacques Fresco explains his ideal world that incorporates a resource-based system. No money, or other form of bartering exchange. A world without money is more than just imagination; it is very possible. Jacque Fresco believes if we decide to do this today, all things about this world can be achieved within only 10 years! Look at our world and all the unnecessary suffering at the hands of the monetary system. Money is a flawed system that is holding humanity back. Just watch this. I'm sure you will all agree. -211Network
Views: 203306 211Network
Zimbabwe and Hyperinflation: Who Wants to Be a Trillionaire?
 
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How would you like to pay $417.00 per sheet of toilet paper? Sound crazy? It’s not as crazy as you may think. Here’s a story of how this happened in Zimbabwe. Around 2000, Robert Mugabe, the President of Zimbabwe, was in need of cash to bribe his enemies and reward his allies. He had to be clever in his approach, given that Zimbabwe’s economy was doing lousy and his people were starving. Sow what did he do? He tapped the country’s printing presses and printed more money. Clever, right? Not so fast. The increase in money supply didn’t equate to an increase in productivity in the Zimbabwean economy, and there was little new investment to create new goods. So, in effect, you had more money chasing the same goods. In other words, you needed more dollars to buy the same stuff as before. Prices began to rise -- drastically. As prices rose, the government printed more money to buy the same goods as before. And the cycle continued. In fact, it got so out of hand that by 2006, prices were rising by over 1,000% per year! Zimbabweans became millionaires, but a million dollars may have only been enough to buy you one chicken during the hyperinflation crisis. It all came crashing down in 2008 when -- given that the Zimbabwean dollar basically ceased to exist -- Mugabe was forced to legalize transactions in foreign currencies. Hyperinflation isn’t unique to Zimbabwe. It has occurred in other countries such as Yugoslavia, China, and Germany throughout history. In future videos, we’ll take a closer look at inflation and what causes it. Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8 Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/2hNkAFy Next video: http://bit.ly/2j4niXI
How The Stock Exchange Works (For Dummies)
 
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Why are there stocks at all? Everyday in the news we hear about the stock exchange, stocks and money moving around the globe. Still, a lot of people don't have an idea why we have stock markets at all, because the topic is usually very dry. We made a short video about the basics of the stock exchanges. With robots. Robots are kewl! Short videos, explaining things. For example Evolution, the Universe, the Stock Market or controversial topics like Fracking. Because we love science. We would love to interact more with you, our viewers to figure out what topics you want to see. If you have a suggestion for future videos or feedback, drop us a line! :) We're a bunch of Information designers from munich, visit us on facebook or behance to say hi! https://www.facebook.com/Kurzgesagt https://www.behance.net/kurzgesagt How the Stock Exchange works Help us caption & translate this video! http://www.youtube.com/timedtext_cs_panel?c=UCsXVk37bltHxD1rDPwtNM8Q&tab=2
Who Controls All of Our Money?
 
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Subscribe here: https://goo.gl/9FS8uF Check out the previous episode: https://www.youtube.com/watch?v=vtXybjiR3vY Become a Patreon!: https://www.patreon.com/ColdFusion_TV Hidden Secrets of Money: https://www.youtube.com/watch?v=DyV0OfU3-FU Hi, welcome to ColdFusion (formerly known as ColdfusTion). Experience the cutting edge of the world around us in a fun relaxed atmosphere. Sources: http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf The Creature From Jekyll Island: A Second Look At The Federal Reserve (1994) - G. Edward Griffin The Money Masters (1996) - William T. Still https://www.theguardian.com/commentisfree/2014/mar/18/truth-money-iou-bank-of-england-austerity http://positivemoney.org/how-money-works/how-banks-create-money/ Graham Towers full written interview http://www.michaeljournal.org/articles/social-credit/item/money-is-created-by-banks-evidence-given-by-graham-towers Paul Tucker Quote: http://www.bis.org/review/r071217f.pdf Marriner eccles Quote : http://www.mindcontagion.org/banking/hb1941.html James. A. Garfield: http://www.goodreads.com/quotes/288058-whoever-controls-the-volume-of-money-in-our-country-is Central Banks put in place after 2000: http://www.activistpost.com/2012/09/state-owned-central-banks-are-real.html //Soundtrack// 0:00 NGHTMRE & A-F-R-O - STRONGER 1:10 Giyo - Are the Animals Gone 2:20 Nanobyte - Honour 6:12 Afterlife - 5th & Avenida 8:30 Kidnap Kid - Moments (feat. Leo Stannard) 9:38 Jakatta - American Dream [Afterlife Mix] 10:43 3rd Core - Mindless And Broken (MJ Cole Mix) 11:39 Aphex Twin - Xtal 12:20 Be Major - Miss Words (Patty Kay Remix) 13:44 Nova Nova - Tones 15:47 Maths Time Joy - Walk With Me 17:13 Ef - Två 18:08 Chasing Dreams - I See You From The Clouds (feat. moshimoss) 20:30 Balam Acab - Motion » Google + | http://www.google.com/+coldfustion » Facebook | https://www.facebook.com/ColdFusionTV » My music | http://burnwater.bandcamp.com or » http://www.soundcloud.com/burnwater » https://www.patreon.com/ColdFusion_TV » Collection of music used in videos: https://www.youtube.com/watch?v=YOrJJKW31OA Producer: Dagogo Altraide » Twitter | @ColdFusion_TV
Views: 1301933 ColdFusion
Income and Wealth Inequality: Crash Course Economics #17
 
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Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to talk about wealth inequality and income inequality. There's no question that economic inequality is real. But there is disagreement as to whether income inequality is a problem, and what can or should be done about it. *** Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 823746 CrashCourse
The Ascent of Money: A Financial History of The World by Niall Ferguson Epsd  1 5 Full Documentary
 
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Professor Niall Ferguson examines the origins of the pillars of the world's financial system, and how behind every great historical phenomenon -- empires and republics, wars and revolutions -- there lies a financial secret. Episode 1: Dreams of Avarice. From Shylock's pound of flesh to the loan sharks of Glasgow, from the 'promises to pay' on Babylonian clay tablets to the Medici banking system, Professor Ferguson explains the origins of credit and debt and why credit networks are indispensable to any civilization. Episode 2: Human Bondage. How did finance become the realm of the masters of the universe? Through the rise of the bond market in Renaissance Italy. With the advent of bonds, war finance was transformed and spread to north-west Europe and across the Atlantic. It was the bond market that made the Rothschilds the richest and most powerful family of the 19th century. And today governments are asking it to bail them out. Episode 3: Blowing Bubbles. Why do stock markets produce bubbles and busts? Professor Ferguson goes back to the origins of the joint stock company in Amsterdam and Paris. He draws telling parallels between the current stock market crash and the 18th-century Mississippi Bubble of Scottish financier John Law and the 2001 Enron bankruptcy. He shows why humans have a herd instinct when it comes to investment, and why no one can accurately predict when the bulls might stampede. Episode 4: Risky Business. Life is a risky business -- which is why people take out insurance. But faced with an unexpected disaster, the state has to step in. Professor Ferguson travels to post-Katrina New Orleans to ask why the free market can't provide adequate protection against catastrophe. His quest for an answer takes him to the origins of modern insurance in the early 19th century and to the birth of the welfare state in post-war Japan. Episode 5: Safe As Houses. It sounded so simple: give state-owned assets to the people. After all, what better foundation for a property-owning democracy than a campaign of privatisation encompassing housing? An economic theory says that markets can't function without mortgages, because it's only by borrowing against their assets that entrepreneurs can get their businesses off the ground. But what if mortgages are bundled together and sold off to the highest bidder? Episode 6: Chimerica. Since the 1990s, once risky markets in Asia, Latin America and eastern Europe have become better investments than the UK or US stock market. The explanation is the rise of 'Chimerica', the economic marriage of China and the United States. But does it make sense for poor Chinese savers to lend to rich American spenders? http://www.RebelMystic.com
Views: 587121 Rebel Mystic
Barter markets: shopping without money
 
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We visit a street market in Barcelona where no money is allowed, only trading. Original content here: http://faircompanies.com/videos/view/barcelonas-barter-markets-an-antidote-to-overconsumption/
Views: 6962 Kirsten Dirksen
The collapse of Venezuela, explained
 
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The country is in chaos, but its leaders aren't going anywhere. Correction at 1:58: It’s been brought to our notice that the Supreme Court tried to strip the country’s National Assembly of its powers in March 2017 and not 2016. We regret the error. For more on the Supreme Court ruling: https://www.vox.com/world/2017/5/1/15408828/venezuela-protests-maduro-parliament-supreme-court-crisis Sources: 0:56 https://tradingeconomics.com/venezuela/inflation-cpi , https://tradingeconomics.com/venezuela/consumer-price-index-cpi , http://www.imf.org/external/datamapper/[email protected]/OEMDC/ADVEC/WEOWORLD/VEN?year=2017 , https://en.wikipedia.org/wiki/Crime_in_Venezuela#/media/File:1998_to_2013_Venezuela_Murder_Rate.png https://www.reuters.com/article/us-venezuela-economy-forex-idUSKBN1AP2LM 1:25 https://www.scribd.com/document/354981596/Datanalisis-Informe-Omnibus-Julio-2017-ODH-Consultores#from_embed (Page 22) http://www.datanalisis.com/ 1:54 https://www.wsj.com/articles/maduro-s-allies-stack-venezuelas-supreme-court-1450912005 3:27 https://www.eia.gov/todayinenergy/detail.php?id=24432 3:44 https://commons.wikimedia.org/wiki/File:Venezuela_Poverty_Rate_1997_to_2013.png 4:00 https://www.economist.com/news/finance-and-economics/21720289-over-past-year-74-venezuelans-lost-average-87kg-weight-how 4:40 https://www.cato.org/research/troubled-currencies?tab=venezuela Subscribe to our channel! http://goo.gl/0bsAjO The collapse of Venezuela and President Maduro's rise to dictatorship. Venezuela was once the richest country in Latin America. It has the largest known oil reserves in the world. And its democratic government was once praised world wide. But today, Venezuela’s democratic institutions and its economy are in shambles. The country has the highest inflation in the world, making food and medicine inaccessible to most Venezuelans. Over the last four years, its GDP has fallen 35%, which is a sharper drop than the one seen during the Great Depression in the US. The country’s murder rate has surpassed that of the most dangerous cities in the world. These conditions have sparked months of protests against the president, Nicolas Maduro. And it’s easy to see why: the country has become measurably worse since his election in 2013. Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com to get up to speed on everything from Kurdistan to the Kim Kardashian app. Check out our full video catalog: http://goo.gl/IZONyE Follow Vox on Twitter: http://goo.gl/XFrZ5H Or on Facebook: http://goo.gl/U2g06o
Views: 3495509 Vox
Imagining a World Without Money
 
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A 10 minute clip from the movie Zeitgeist: Addendum. **Watch/Download Zeitgeist Series for FREE in the following link.** http://www.zeitgeistmovie.com/ http://www.thezeitgeistmovement.com/ Visionary and self-taught architect, Jacques Fresco explains his ideal world that incorporates a resource-based system. No money, or other form of bartering exchange. A world without money is more than just imagination; it is very possible. Jacque Fresco believes if we decide to do this today, all things about this world can be achieved within only 10 years! The term and meaning of a Resource-Based Economy was originated by Jacque Fresco. It is a holistic social and economic system in which all goods and services are available without the use of money, credits, barter or any other system of debt or servitude. All resources become the common heritage of all of the inhabitants, not just a select few. The premise upon which this system is based is that the Earth is abundant with plentiful resource; our practice of rationing resources through monetary methods is irrelevant and counter productive to our survival. Modern society has access to highly advanced technology and can make available food, clothing, housing and medical care; update our educational system; and develop a limitless supply of renewable, non-contaminating energy. By supplying an efficiently designed economy, everyone can enjoy a very high standard of living with all of the amenities of a high technological society. A resource-based economy would utilize existing resources from the land and sea, physical equipment, industrial plants, etc. to enhance the lives of the total population. In an economy based on resources rather than money, we could easily produce all of the necessities of life and provide a high standard of living for all. http://thevenusproject.com https://www.facebook.com/TheVenusProjectGlobal Join our FB page: https://www.facebook.com/Universe.Explorers Join our FB page: https://www.facebook.com/earthweareone "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use."
Money & Debt: Crash Course World History 202
 
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In which John Green teaches about filthy, filthy lucre. Money. And Debt. So, what is money? And what is it for? And why do we use money? And why does it all disappear so quickly after payday? John will look into 75% of these questions, and if he doesn't come up with answers, we'll get into some interesting ideas along the way, at least. This week we'll investigate whether money displaces barter, then leads to war, slavery, and what we think of as civilized social orders. We'll also see what old Adam Smith thinks of big money, no whammies, this week on Crash Course. We'll also talk quite a bit about Debt: The First 5000 Years by David Graeber. You can buy that book here: http://dft.ba/-debt5000 You can directly support Crash Course at https://www.patreon.com/crashcourse Subscribe for as little as $0 to keep up with everything we're doing. Also, if you can afford to pay a little every month, it really helps us to continue producing great content.
Views: 1869801 CrashCourse
What gives a dollar bill its value? - Doug Levinson
 
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View full lesson: http://ed.ted.com/lessons/what-gives-a-dollar-bill-its-value-doug-levinson The value of money is determined by how much (or how little) of it is in circulation. But who makes that decision, and how does their choice affect the economy at large? Doug Levinson takes a trip into the United States Federal Reserve, examining how the people who work there aim to balance the value of the dollar to prevent inflation or deflation. Lesson by Doug Levinson, animation by Qa'ed Mai.
Views: 1958694 TED-Ed
Labor Markets and Minimum Wage: Crash Course Economics #28
 
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How much should you get paid for your job? Well, that depends on a lot of factors. Your skill set, the demand for the skills you have, and what other people are getting paid around you all factor in. In a lot of ways, labor markets work on supply and demand, just like many of the markets we talk about in Crash Course Econ. But, again, there aren't a lot of pure, true markets in the world. There are all kinds of oddities and regulations that change the way labor markets work. One common (and kind of controversial one) is the minimum wage. The minimum wage has potential upsides and downsides, and we'll take a look at the various arguments for an against it. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 465454 CrashCourse
Why Governments Create Inflation
 
08:33
Inflation can carry with it quite a few costs. But some governments, like Zimbabwe under President Robert Mugabe in the early 2000s, will go out of their to way to create inflation. Why? Well, in the Zimbabwe example, the government printed the money and used it to buy goods and services. The ensuing hyperinflation acted as a tax that transferred wealth from the citizens to the government. However, this is a fairly uncommon reason. Inflation doesn’t make for a good tax and it’s a last resort for desperate governments that are otherwise unable to raise funds. There are other benefits to inflation that would make governments want to create it. In the short run, inflation can actually boost economic output. However, as we’ve previously covered, an increase in the money supply leads to an equal increase in prices in the long run. If there’s a recession, governments might create inflation to spur productivity and ease the economic downturn. However, this type of inflationary boosting can be abused. Long-term boosting causes people to simply expect and prepare for it. Reducing inflation is also costly. If the process is reversed and the growth in the money supply decreases, we get disinflation. Unemployment will likely increase in the short run and an economy can go through a recession. But in the long run, prices will adjust as well. Inflation can be a neat trick for governments to boost productivity in an economy. But it can easily get out of hand and has even been likened to a drug. Once you start, you need more and more. And stopping is awfully painful as the economy shrinks. This concludes our section on Inflation and the Quantity Theory of Money. Up next in Principles of Macroeconomics, we’ll be digging into Business Fluctuations. Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8 Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/2lcPkAy Next video: http://bit.ly/2kMc9ub
The Digital Economy Should Be about Capital Creation, Not Extraction
 
09:53
Rushkoff's latest book is "Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity" (http://goo.gl/a84N7i). Read more at BigThink.com: http://bigthink.com/videos/douglas-rushkoff-on-creating-value-in-the-digital-economy Follow Big Think here: YouTube: http://goo.gl/CPTsV5 Facebook: https://www.facebook.com/BigThinkdotcom Twitter: https://twitter.com/bigthink Transcript - For 75 years now corporate profit, over their total value, has been decreasing. That means corporations are really good at accumulating money but increasingly worse at deploying that money, at making money with money. This is really serious. Pharmaceutical companies don't know how to make drugs, they only know how to acquire companies that do. Google even is no longer a technology company; Google became alphabet. It's a holding company. Google's new business is buying and selling technology companies. They bought a robot company, now they sold the robot company. So they might as well be Goldman Sachs or Merrill Lynch or somebody. They are a meta company now because they don't know how to create value. That's because they're using a bankrupt method. They're using a 13th century corporate operating system to run digitally enabled businesses. What I'm arguing is that 13th century model is obsolete. It was based on going to South America and enslaving people and taking their precious metals. It doesn't work for a digital economy. It doesn't work for an economy where people are buying and selling and trading and making videos and exchanging value. And if you want to do well, if you want to actually make money you have a better shot of it by creating circulating value. Think eBay not Amazon. Think Bitcoin not Uber and you're slightly on the path. It's a peer to peer networked economy that we're moving into. If you can conceive of that, if you can get yourself out of the frame of mind where you want to get the ring the bell on the NASDAQ stock exchange, you're not going to get to do that. I promise you. You're not. That's not the way to go. You don't want to sell your business; you want to run your business and make money doing your business. And you have such a better chance of becoming a true millionaire and doing it in a way that's not taking value from other people but is actually promoting business activity on a wider scale and on a more distributed scale than was possible back in the Middle Ages. Right now most CEOs are selling off their best businesses, they're cannibalizing their most productive enterprises in order to show short term growth to shareholders. That's actually bad for the long term success of the business because without successful revenue generating industries it's hard for the business to keep going. They actually need revenue. You need to be selling something. You need to make money in an ongoing way. I know that's heresy. I know. I get it. I get it. I realize that's bizarre to say it. But the way to communicate that to shareholders is to say look, you're going to start making dividends. Dividends are okay. You're going to make money for owning my shares of stock. Now what we have to do is start looking at the tax code to stop punishing revenue generating businesses and instead start punishing ones that don't generate revenue but just try to grow the business at the expense of the economy. That's not hard to do. We have to increase the tax on capital gains and decrease the tax on dividends. This will encourage businesses to make money rather than to just eat themselves in order to show growth. Read Full Transcript Here: http://goo.gl/d9ksPv.
Views: 77232 Big Think
Wizard Money Makes No Sense!
 
08:46
Today J discusses how money in the wizarding world of Harry Potter makes no sense, how money works and why we value gold? Have you ever spent way to much money on something?! Wizarding Currency :: http://harrypotter.wikia.com/wiki/Wizarding_currency Harry's Family History :: https://www.pottermore.com/writing-by-jk-rowling/the-potter-family Why We Use Gold :: http://www.livescience.com/32863-gold-best-element-money.html Hey Super Carlin Friends! ►► http://bit.ly/196DDlu T-SHIRTS ►► http://bit.ly/1CBkCTI Google Autofill Playlist ►► http://bit.ly/1DCdQNm Theories ►► http://bit.ly/1z5uZcS Super Carlin Gaming ►► http://bit.ly/1CRM5Bq - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - BECOME A SUPER CARLIN FRIEND➜ https://www.youtube.com/user/SuperCarlinBrothers - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - FOLLOW US: T W I T T E R➜ https://twitter.com/jonkerlin & https://twitter.com/SCB_Ben I N S T A G R A M➜ http://instagram.com/jonkerlin & http://instagram.com/scb_ben F A C E B O O K➜ http://www.facebook.com/supercarlinbrothers G A M I N G ➜ http://bit.ly/1CRM5Bq P A T R E O N ➜ https://www.patreon.com/SuperCarlinBrothers - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Business Inquiries Only: [email protected] - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Every time you give us a thumbs up a Narwhal gets its horn! (maybe..) =D Want to send us something? Super Carlin Brothers PO Box 4339 Roanoke, Virginia, 24015
Views: 3423305 SuperCarlinBrothers
How the blockchain will radically transform the economy | Bettina Warburg
 
14:58
Say hello to the decentralized economy -- the blockchain is about to change everything. In this lucid explainer of the complex (and confusing) technology, Bettina Warburg describes how the blockchain will eliminate the need for centralized institutions like banks or governments to facilitate trade, evolving age-old models of commerce and finance into something far more interesting: a distributed, transparent, autonomous system for exchanging value. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more. Find closed captions and translated subtitles in many languages at http://www.ted.com/translate Follow TED news on Twitter: http://www.twitter.com/tednews Like TED on Facebook: https://www.facebook.com/TED Subscribe to our channel: http://www.youtube.com/user/TEDtalksDirector
Views: 1452410 TED
Sacred Economics with Charles Eisenstein - A Short Film
 
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Directed by Ian MacKenzie http://ianmack.com Produced by Velcrow Ripper, Gregg Hill, Ian MacKenzie READ THE BOOK http://sacred-economics.com HELP ADD SUBTITLES http://tinyurl.com/6qm37p9 Sacred Economics traces the history of money from ancient gift economies to modern capitalism, revealing how the money system has contributed to alienation, competition, and scarcity, destroyed community, and necessitated endless growth. Today, these trends have reached their extreme - but in the wake of their collapse, we may find great opportunity to transition to a more connected, ecological, and sustainable way of being. This short contains some visuals from the upcoming feature doc Occupy Love http://occupylove.org FULL CREDITS Directed & Edited by Ian MacKenzie Producers: Ian MacKenzie, Velcrow Ripper, Gregg Hill Cinematography: Velcrow Ripper, Ian MacKenzie Animation: Adam Giangregorio, Brian Duffy Music: Chris Zabriskie Additional footage: Steven Simonetti, Pond 5, Youtube Stills: Kris Krug, NASA Special thanks: Charles Eisenstein, Stella Osorojos, Hart Traveller, Clara Roberts-Oss, Line 21 Media
Views: 854370 Fierce Love Films
How Much Money is There on Earth?
 
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Thanks to Grey for his help on this video: http://www.youtube.com/user/CGPGrey Thanks to Jack for helping with the intro: http://www.youtube.com/user/jackvslife LINKS AND SOURCES TO LEARN MORE BELOW. music by http://www.youtube.com/JakeChudnow GlobalRichList.com: http://www.globalrichlist.com/ Type currency symbols: http://currencies.typeit.org/ money changing hands [PDF]: http://www.swiftinstitute.org/sites/default/files/upload/The%20Statistics%20of%20Payments_v15%20-%20Chapter%204%20How%20fast%20is%20that%20buck.pdf murder states in the US: http://www.fbi.gov/about-us/cjis/ucr/crime-in-the-u.s/2011/crime-in-the-u.s.-2011/persons-arrested Bank robbery average [PDF]: http://www.cops.usdoj.gov/files/ric/publications/e03071267.pdf currency left laying around: http://www.moneyweb.co.za/moneyweb-economic-trends/how-much-cash-do-you-have-lying-around http://highstreetmoney.co.uk/2012/11/lloyds-tsb-campaign-targets-320-million-of-household-change/ http://www.nhscleveland.org/blog/post/2012/11/20/Roll-Your-Change-Week-Returns-to-Cleveland!.aspx cost of Arrested Development on Netflix (one season): http://www.wired.com/underwire/2013/03/netflix/ Money supply articles: http://dollardaze.org/blog/ http://www.straightdope.com/columns/read/719/how-much-money-is-there Money Supply on wikipedia: http://en.wikipedia.org/wiki/Money_supply http://en.wikipedia.org/wiki/Fractional_reserve_banking amazing fake US money (SUPER DOLLARS): https://blog.hypovereinsbank.de/schoener-schein-banknoten-und-blueten-im-museum-fuer-druckkunst-leipzig/ is burning money illegal? http://www.nbcnews.com/id/7148966/ns/business-answer_desk/t/it-crime-burn-money/#.UW1MlSsa_50 KLF burns a million quid [videos]: http://www.youtube.com/watch?v=p5mNzOtm24I http://www.youtube.com/watch?v=i6q4n5TQnpA KLF burns a million quid [articles]: http://blog.fxcc.com/the-klf-were-lightweights-at-burning-money-the-swiss-know-how-when-and-why-to-do-it/ https://en.wikipedia.org/wiki/K_Foundation_Burn_a_Million_Quid money burning on wikipedia: http://en.wikipedia.org/wiki/Money_burning burn money the Steve Spangler way: http://www.stevespanglerscience.com/experiment/burning-money Tyga eats money [video]: http://www.youtube.com/watch?v=7eaaTQnhF0M Dirty Money: http://en.wikipedia.org/wiki/Contaminated_currency http://www.scientificamerican.com/article.cfm?id=cocaine-contaminates-majority-of-american-currency court case about drugs on money: http://caselaw.findlaw.com/us-9th-circuit/1441755.html termite eat money: http://www.dailymail.co.uk/news/article-2165354/Termites-eat-32-000-womans-safe-Taiwan.html "money" on wikipedia: http://en.wikipedia.org/wiki/Money fiat money: http://www.forbes.com/sites/pascalemmanuelgobry/2013/01/08/all-money-is-fiat-money/ http://en.wikipedia.org/wiki/Fiat_money "fiat" etymology: http://www.etymonline.com/index.php?search=fiat monopoly money color comparrison to US currency: http://25.media.tumblr.com/927603e8c482f52e9bf9ef4b135ae998/tumblr_mkecbeRSf41qch7b8o1_1280.jpg tinkerbell effect: http://en.wikipedia.org/wiki/Tinkerbell_effect http://www.reddit.com/r/RedditDayOf/comments/17mx51/til_that_the_tinkerbell_effect_is_a_term/ http://www.robbieparks.com/2011/08/26/the-tinkerbell-effect/ RELATED "Thomas Theorem": http://en.wikipedia.org/wiki/Thomas_theorem REVERSE tinkerbell effect: http://www.volokh.com/2003_01_26_volokh_archive.html http://www.volokh.com/2009/03/11/tinkerbell-returns/
Views: 7533152 Vsauce
Pakistan Currency Crisis - IMF or China? Who will bailout Pakistan - Current Affairs 2018
 
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Download All Videos PDFs - https://goo.gl/X8UMwF || Join #StudyIQ on Telegram - https://goo.gl/xBR3g8 || #Pendrive_Courses for Various Govt. Exams. Click here to know more - https://goo.gl/aTFK6Q or #Call_9580048004 or Live Chat Support - https://goo.gl/s68PZ1 UPSC/CSE 2019 - https://goo.gl/UrCD46 SSC & Bank - https://goo.gl/9LQ4Ai UPSC Optionals - https://goo.gl/rtmXRU State PSCs - https://goo.gl/FDB32q Defence Exams - https://goo.gl/UEmtRz SSC JE Exams - https://goo.gl/2WyU1Z RBI Grade B - https://goo.gl/PY32m6 NABARD Grade A - https://goo.gl/C6CzAL DMRC Exams - https://goo.gl/yDnvyf Insurance Exams - https://goo.gl/iLEFxf CLAT 2019 - https://goo.gl/Burjtj Railway Jobs - https://goo.gl/5KaL7h Teaching Jobs - https://goo.gl/q117TX UPSC Prelim 2019Test Series -https://goo.gl/zkCG51 Free PDFs - https://goo.gl/cJufZc || Free Quiz - https://goo.gl/wCxZsy || Free Video Courses - https://goo.gl/jtMKP9" Follow us on Facebook - https://goo.gl/iAhPDJ Telegram - https://t.me/Studyiqeducation The Hindu Editorial Analysis - https://goo.gl/vmvHjG Current Affairs by Dr Gaurav Garg - https://goo.gl/bqfkXe UPSC/IAS Burning Issues analysis- https://goo.gl/2NG7vP World History for UPSC - https://goo.gl/J7DLXv Indian History - https://goo.gl/kVwB79 Follow us on Facebook - https://goo.gl/iAhPDJ Follow Dr Gaurav Garg on Facebook - https://goo.gl/xqLaQm UPSC/IAS past papers questions - https://goo.gl/F5gyWH SSC CGL + IBPS Quantitative tricks - https://goo.gl/C6d9n8 English Vocabulary - https://goo.gl/G9e04H Reasoning tricks for Bank PO + SSC CGL- https://goo.gl/a68WRN Error spotting / Sentence correction https://goo.gl/6RbdjC Static GK complete- https://goo.gl/kB0uAo Complete GK + Current Affairs for all exams- https://goo.gl/MKEoLy World History - UPSC / IAS - https://goo.gl/kwU9jC Learn English for SSC CGL, Bank PO https://goo.gl/MoL2it Science and Technology for UPSC/IAS - https://goo.gl/Jm4h8j Philosophy for UPSC/IAS - https://goo.gl/FH9p3n Yojana Magazine analysis -https://goo.gl/8oK1gy History for SSC CGL + Railways NTPC - https://goo.gl/7939eV
Views: 464633 Study IQ education
Taxes: Crash Course Economics #31
 
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We've been talking about the unavoidables recently. Last time, we covered Death. This time, it's taxes. So, what are taxes? Why do we pay taxes? What is all that tax money used for? This week, Adriene is going to cover all that and more. We'll talk about types of taxes, progressive and regressive taxes, tax brackets, and we'll even get into a few historical scenarios where bad tax policy led to revolutions. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 511100 CrashCourse
Globalization and Trade and Poverty: Crash Course Economics #16
 
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What is globalization? Is globalization a good thing or not. Well, I have an answer that may not surprise you: It's complicated. This week, Jacob and Adriene will argue that globalization is, in aggregate, good. Free trade and globalization tend to provide an overall benefit, and raises average incomes across the globe. The downside is that it isn't good for every individual in the system. In some countries, manufacturing jobs move to places where labor costs are lower. And some countries that receive the influx of jobs aren't prepared to deal with it, from a regulatory standpoint. Anyway, Jacob and Adriene can explain the whole thing to you in 10 minutes. *** Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 631080 CrashCourse
Econ Chat | Can We Live in a World Without Money?
 
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In a previous episode of Econ Chat, Ms. Nikky Santos asked Gio and Adrian to answer the the following question: “ Can we live on a world without money?” We all know our lives are highly dependent on money. Explore the possibilities in this episode of Econ Chat. Sources: On the barter system: Kauffman, Frank Ph.D, et.al. (2015). Barter. Retrieved from http://www.newworldencyclopedia.org/entry/Barter On the disadvantages of living in a world without money: Maghana, S. (2016). 6 major disadvantaged of the Barter System. Retrieved from http://www.microeconomicsnotes.com/barter-system/6-major-disadvantages-of-the-barter-system/1198 On the advantages of using a barter system: Parik, V. (2017). Advantages and Disadvantages of Barter System Retrieved from http://www.letslearnfinance.com/advantages-and-disadvantages-of-barter-system.html On additional information: Viswanathan, B. (2012). What Would a World Without Money be Like. Retrieved from http://www.huffingtonpost.com/quora/what-would-a-world-withou_b_1918069.html On the Gift Economy: ServiceSpace Organization. (2011). Defining Gift Economy. Retrieved from https://www.servicespace.org/join/?pg=gift On Materialism: Taylor, S. (2012). The Madness of Materialism. Retrieved from https://www.psychologytoday.com/blog/out-the-darkness/201203/the-madness-materialism Image Sources: [Cow] https://s-media-cache-ak0.pinimg.com/236x/97/3b/bc/973bbcb08a1a9aac783d00d803ddef0b.jpg [Sickle and Star] https://openclipart.org/image/2400px/svg_to_png/151525/hammer-and-sickle-in-stars.png [Computer] http://www.freeiconspng.com/uploads/apple-computer-laptop-mac-monitor-screen-icon--icon-search--16.png
Views: 82 9B 2020
Princes of the Yen: Central Bank Truth Documentary
 
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If you like Princes of the Yen support our future documentaries on Patreon: https://www.patreon.com/independentdocumentary “Princes of the Yen: Central Banks and the Transformation of the Economy” 『円の支配者』reveals how Japanese society was transformed to suit the agenda and desire of powerful interest groups, and how citizens were kept entirely in the dark about this. Based on a book by Professor Richard Werner, a visiting researcher at the Bank of Japan during the 90s crash, during which the stock market dropped by 80% and house prices by up to 84%. The film uncovers the real cause of this extraordinary period in recent Japanese history. Making extensive use of archival footage and TV appearances of Richard Werner from the time, the viewer is guided to a new understanding of what makes the world tick. And discovers that what happened in Japan almost 25 years ago is again repeating itself in Europe. To understand how, why and by whom, watch this film. “Princes of the Yen” is an unprecedented challenge to today’s dominant ideological belief system, and the control levers that underpin it. Piece by piece, reality is deconstructed to reveal the world as it is, not as those in power would like us to believe that it is. “Because only power that is hidden is power that endures.” A film by Michael Oswald You can follow Richard Werner (Author of the Book) on Twitter at @ProfessorWerner Support us on Patreon: https://www.patreon.com/independentdocumentary Watch our new documentary The Spider's Web: https://www.youtube.com/watch?v=np_ylvc8Zj8 Translate this film: http://www.youtube.com/timedtext_video?ref=share&v=p5Ac7ap_MAY Help us spread the word: Rate this film on IMDB: http://www.imdb.com/title/tt4172710/ Rate it and comment on youtube. Share the film with your network. Reviews: “Mastery of filmmaking. An engaging and dynamic narrative supported by visual aesthetics” - Simeon Roberts - Film Critic, http://filmgods.co.uk/ "Essential viewing if you've any interest at all in economics or politics" - Steve Morrissey Film Reviwer & Critic, http://www.moviesteve.com/review-princes-of-the-yen-2014/ “Blows open the widely held consensus that ‘independent’ central banks are a force for economic good." Josh Ryan-Collins - New Economics Foundation and co-author of “Where Does Money Come From?" "A fascinating look at the need for better public understanding of just how much money can affect the world we live in.” Ben Dyson - Founder Positive Money & co-author of ‘Modernising Money’ Website: http://princesoftheyen.com/ How central banks create money: http://princesoftheyen.com/central-bank-money-creation/
Views: 671119 Independent POV
Putting Human Values into Economics
 
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Charles Eisenstein, the author of Sacred Economics: Money, Gift, and Society in the Age of Transition, which explores the economics of separation and the transition to a new way to exchange goods and services among people. Charles urges us to move beyond today's economic system based on interest and perpetual growth to new kinds of currencies that support the wellbeing of people and the planet, based on valuing gifts of time, energy and talent to the collective. Listen to the entire interview on www.ncreview.com/interviews/putting-human-values-into-economics
Views: 428 Miriam Knight
The Economics of Healthcare: Crash Course Econ #29
 
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Why is health care so expensive? Once again, there are a lot of factors in play. Jacob and Adriene look at the many reasons that health care in the US is so expensive, and what exactly we get for all that money. Spoiler alert: countries that spend less and get better results are not that uncommon. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 489448 CrashCourse
Barter
 
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Barter is a system of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money. It is distinguishable from gift economies in that the reciprocal exchange is immediate and not delayed in time. It is usually bilateral, but may be multilateral (i.e., mediated through barter organizations) and usually exists parallel to monetary systems in most developed countries, though to a very limited extent. Barter usually replaces money as the method of exchange in times of monetary crisis, such as when the currency may be either unstable (e.g., hyperinflation or deflationary spiral) or simply unavailable for conducting commerce. David Graeber argues that the inefficiency of barter in archaic society has been used by economists since Adam Smith to explain the emergence of money, the economy, and hence the discipline of economics itself. "Economists of the contemporary orthodoxy... propose an evolutionary development of economies which places barter, as a 'natural' human characteristic, at the most primitive stage, to be superseded by monetary exchange as soon as people become aware of the latter's greater efficiency." However, extensive investigation by anthropologists like Graeber has since then established that "No example of a barter economy, pure and simple, has ever been described, let alone the emergence from it of money; all available ethnography suggests that there never has been such a thing. But there are economies today which are nevertheless dominated by barter." This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 287 Audiopedia
Deficits & Debts: Crash Course Economics #9
 
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What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they're also pretty easy to understand. This week we'll explain what deficit and debt are, and talk about what the sources of deficit and debt are for the US Government. Also, we'll take a very special trip to Cliffordonia to try and understand these concepts and get a look at what a colonial-era space program might have looked like. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark , Elliot Beter, Moritz Schmidt, Jeffrey Thompson, Ian Dundore, Jacob Ash, Jessica Wode, Today I Found Out, Christy Huddleston, James Craver, Chris Peters, SR Foxley, Steve Marshall, Simun Niclasen, Eric Kitchen, Robert Kunz, Avi Yashchin, Jason A Saslow, Jan Schmid, Daniel Baulig, Christian , Anna-Ester Volozh Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 595029 CrashCourse
Finance: The History of Money (combined)
 
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An animated video exploring the history of money. From the use of objects to function as monetary value to the development of metal and paper money as currency. Playlist link - https://www.youtube.com/playlist?list=PLhQpDGfX5e7DXJAOs5VjPqqXFf5VDTo_Y Transcript link - http://podcast.open.ac.uk/feeds/3453_thehistoryofmoney/transcript/37271_dd103_2015j_vid119.pdf Study a free course on Managing my money at the Open University http://www.open.edu/openlearn/money-management/managing-my-money/content-section-overview?active-tab=description-tab Study a free course on You and your money at the Open University http://www.open.edu/openlearn/money-business/personal-finance/you-and-your-money/content-section-0?active-tab=description-tab Study R30 BA (Honours) Economics http://www.open.ac.uk/courses/qualifications/r30 Study DB125 You and your money http://www.open.ac.uk/courses/modules/db125 The Open University is the world’s leading provider of flexible, high-quality online degrees and distance learning, serving students across the globe with highly respected degree qualifications, and the triple-accredited MBA. The OU teaches through its own unique method of distance learning, called ‘supported open learning’ and you do not need any formal qualifications to study with us, just commitment and a desire to find out what you are capable of. Free learning from The Open University http://www.open.edu/openlearn/ For more like this subscribe to the Open University channel https://www.youtube.com/channel/UCXsH4hSV_kEdAOsupMMm4Qw Like us on Facebook: https://www.facebook.com/ouopenlearn/ Follow us on Twitter: https://twitter.com/OUFreeLearning
Century of Enslavement: The History of The Federal Reserve
 
01:30:12
TRANSCRIPT AND RESOURCES: http://www.corbettreport.com/federalreserve What is the Federal Reserve system? How did it come into existence? Is it part of the federal government? How does it create money? Why is the public kept in the dark about these important matters? In this feature-length documentary film, The Corbett Report explores these important question and pulls back the curtain on America's central bank.
Views: 1717720 corbettreport

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