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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.
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△ Link to EE's video: https://youtu.be/1HmGLV46L60
△ Check out my economic country studies here: https://www.youtube.com/playlist?list=PLGbVoSdwvesDNHLHmkZzvW2vuCfllJhpA
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/
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