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B1 Intermédiaire Anglais 8:44 Educational

INFLATION, Explained in 6 Minutes

Johnny Harris · 2,238,088 vues · Ajouté il y a 3 semaines

Statistiques d apprentissage

B1

Niveau CECRL

5/10

Difficulté

Sous-titres (255 segments)

00:00

(electronic music)

00:04

- No, no cool intro, no fancy music.

00:06

I just want to explain inflation in six minutes.

00:09

I have a degree in economics.

00:10

I spent years trying to understand this.

00:14

(ominous music)

00:17

so let's see if I can boil it down.

00:18

What is inflation?

00:20

Why is it rising?

00:20

Why are people worried?

00:21

And what do interest rates have to do with it?

00:23

- The Federal Reserve is raising the interest rate.

00:25

- [Reporter] Fed is set to raise interest rate.

00:26

- Highest inflation in 40 years.

00:28

- Listen, I know that I make long videos.

00:30

I'm into nuance, I'm into backstory.

00:32

Well, this isn't that.

00:33

This is quick.

00:35

("quick" echoing)

00:36

No, really, this is quick.

00:37

Let's go.

00:40

- Okay, first up, the simplest definition.

00:42

Inflation is when there is more money in the economy

00:45

than stuff to spend it on.

00:46

But if you're like me, the simplest definition never does

00:49

it for you.

00:50

So let's try this.

00:51

Imagine a village that has one market where people buy

00:54

all of their stuff, their food, their clothes,

00:56

but one day the government shows up

00:58

because they're worried about the economy of this village.

01:00

So they tell the people that if they want to take

01:02

out a loan, they're gonna make sure

01:04

that the banks will not charge them a high interest rate.

01:07

They want to encourage the people to take out loans

01:08

and spend money.

01:09

Oh, and they also drop off a giant pile of cash

01:11

for everyone in the village.

01:12

And everyone in the village is like, "Sweet,

01:14

I'm feeling pretty rich."

01:16

Villagers now are going to their market and they're buying

01:18

way more stuff.

01:19

Many of them have been eyeing the fancy electric bike

01:22

in the market that before they couldn't justify.

01:24

But now they totally can

01:25

because they have all this new money.

01:26

The store owner's like, "Sweet. this is great for business."

01:29

But he's running out of bikes.

01:31

In fact, he's running out of everything

01:32

because now all of these people have extra money

01:35

and they're buying way more than they used to.

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