Videos like this “Constant vs Actual Dollars”
What Happens If One Rupee Equals To One Dollar
Most of us want the rupee to win. In fact, one thing we always wished for is this equation – 1 dollar = 1 rupee Subscribe to my channel - https://www.youtube.com/ArunSuryaTejaMannam Like My facebook Page - https://www.facebook.com/ArunSuryaTejaofficial Follow me on Twitter - https://wwww.twitter.com/ArunSuryaTeja Follow me on Instagram - https://www.instagram.com/Arun_Surya_Teja Mail me : [email protected]
Views: 510898 Arun Surya Teja
Inflation Guide Chapter 3: Nominal versus real prices.
If there are changes in the price level, how do we use that information to convert the prices we see everyday into numbers that we can actually compare? Learn how to convert prices into "real" values. See the complete citizen's guide to understanding inflation: www.inflationguide.org © International Budget Partnership, 2012. Author: Jason Lakin, Program Officer and Research Fellow, International Budget Partnership Creative design and animation: Formula D interactive Website: www.formula-d.com This is a publication of the International Budget Partnership. The IBP produced the guide to support civil society, citizens, and other public finance stakeholders in thier efforts to understand and influence public finance processes and policies and other educational purposes. If you would like to use some or all of the guide for educational, noncommercial purposes, please contact: [email protected] for permission to do so. U.S. 820 First Street, NE Suite 510 Washington, DC 20002 U.S. Tel: +1 202 408 1080 | Fax: +1 202 408 8173 South Africa International Budget Partnership c/o ISS 2nd Floor The Amoury Buchanan Square 160 Sir Lowry Road Woodstock 7925 Tel: +27-021-461-7211 | Fax: +27-021-461-7213 Mexico. Xicotencatl 370-601 Del. Carmen Coyoacán, C.P. 04100 México, D.F. Tel: +5255 5658 3165 | +5255 5282 0036 India 802 Raj Atlantis Near SVP School, off Mira-Bhayender Road Beverly Park, Mira Road (East) 401107 India Tel: +91 22 2811 4868 | +91 96 6507 1392 Or email us at: [email protected] www.internationalbudget.org
Views: 34186 InflationGuide
10 Myths About Government Debt
Myth 1 is that the government owes “only” $20 trillion. (In reality, it’s much more.) But luckily, Myth 10 is that there’s no way to fix this problem… Prof. Antony Davies explains. SUBSCRIBE: http://bit.ly/2dUx6wg LEARN MORE: How Big is the U.S. Debt? (video): A stunning visual representation of the ever-growing amount of debt and unfunded liabilities being accumulated by the federal government, narrated by Prof. Antony Davies. https://www.youtube.com/watch?v=kc_5D3W3hTo How Should Governments Deal With Debt? (video): Nations that spend themselves into debt face very difficult choices. Prof. Steve Davies describes the three main choices that governments have to fix their debt problems. https://www.youtube.com/watch?v=qLHsV2XsyLU Debts, Deficits, and Spending Cuts (video): Prof. Jeff Miron of Harvard University explains we should focus on reducing spending, rather than managing the deficit, if we want to reign-in the runaway national debt. https://www.youtube.com/watch?v=jAbLvGAFH2w TRANSCRIPT: For a full transcript please visit: http://www.learnliberty.org/videos/10-myths-about-government-debt/ LEARN LIBERTY: Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://www.learnliberty.org/.
Views: 367702 Learn Liberty
Are the Fundamental Constants Changing?
Recent findings suggest that the fundamental constants might not be as stable as we assumed. And be sure to signup for your free trial of The Great Courses Plus at http://ow.ly/rcsA30beNw1 You can further support us on Patreon at https://www.patreon.com/pbsspacetime Get your own Space Time t­shirt at http://bit.ly/1QlzoBi Tweet at us! @pbsspacetime Facebook: facebook.com/pbsspacetime Email us! pbsspacetime [at] gmail [dot] com Comment on Reddit: http://www.reddit.com/r/pbsspacetime Help translate our videos! https://www.youtube.com/timedtext_cs_... Previous Episode: The Future of Space Telescopes https://www.youtube.com/watch?v=kL81uuYW9BY&t=40s Webb et al. 1998, A Search for Time Variation of the Fine Structure Constant https://arxiv.org/abs/astro-ph/9803165 Webb et al. 2011, A Search for Time Variation of the Fine Structure Constant https://arxiv.org/abs/1008.3907 Martins & Pinho 2016, Stability of Fundamental Couplings: a Global Analysis https://arxiv.org/abs/1701.08724 The laws of physics are the same everywhere in the universe. At least we astrophysicists hope so. After all, it’s hard to unravel the complexities of distant parts of the universe if we don’t know the basic rules. But what if this is wrong? There is a hint of evidence that the fundamental constants that govern our universe may evolve over time, and even from one location to another. Written by Graeme Gossel and Matt O’Dowd Hosted by Matt O'Dowd Produced by Rusty Ward Graphics by Kurt Ross Assistant Editing and Sound Design by Mike Petrow Made by Kornhaber Brown (www.kornhaberbrown.com) Special thanks to our Patreon Big Bang, Quasar and Hypernova Supporters: Big Bang BITISM CoolAsCats David Nicklas Richard Senegor Quasar Tambe Barsbay Meo Meow Oink Oink Mayank M. Mehrota Mars Yentur Mark Rosenthal Dean Fuqua Hypernova Max Levine Edmund Fokschaner Eugene Lawson Chuck Zegar Jordan Young Ratfeast John Hofmann Joseph Salomone Martha Hunt Craig Peterson Barry Hatfield Matthew O’Connor Thanks to our Patreon Gamma Ray Burst Supporters: Scott Gossett Mark Dykstra Peter Durocher Michael Kers Chris Hicks Mark Vasile Patrick Murray Sultan Alkhulaifi Alex Seto Michal-Peanut Karmi Bernardo Higuera Erik Stein Daniel Lyons Kevin Warne JJ Bagnell J Rejc Amy Jie Avi Goldfinger John Pettit Shannan Catalano Florian Stinglmayr Yubo Du Benoit Pagé-Guitard Nathan Leniz Jessica Fraley Loro Lukic Brandon Labonte David Crane Greg Weiss The Great Courses Plus is currently available to watch through a web browser to almost anyone in the world and optimized for the US market. The Great Courses Plus is currently working to both optimize the product globally and accept credit card payments globally.
Views: 567976 PBS Space Time
How to convert a small gasoline engine to Natural Gas or Propane.
PLEASE READ THIS!!! VERY IMPORTANT!!! In this video I converted an 14 year old gasoline engine to run on natural gas. The engine had not run for over 6 years and the carburetor was completely ruined as a result of ethanol gasoline. NOTE 1: The statements about Obama in this video are about his refusal to repeal the stupid 2007 Clean Air Act passed in 2007 by the Democratic controlled congress and singed into law by that moderate turncoat George Bush. The Clean Air Act of 2007 mandated an annual increasing use of ethanol to be mixed with gasoline. In spite of an abundance of scientific evidence proving that the use of ethanol is more harmful to the environment then using plain gasoline, the facts that this law has led to massive deforestation to make more land for corn crops, has caused detrimental food price increases on struggling Americans and food shortages around the world, and is actually very harmful to small engines and older vehicles, Obama continues to cave to the brainless environmentalist and greedy corn lobby and refuses to repeal this harmful legislation. NOTE 2: I want to make it clear here that this video is intended to show a very simple way to convert a gasoline engine to natural gas. This method, while effective, is not the best way to do this and provides no safety mechanism in case of a fault. Consider this method as a temporary method only to be used in an emergency situation. As this method provides no safety switch to shut off the gas flow in case of motor stoppage, I recommend that this method only be use in an outdoor environment and with continuous supervision. NOTE 3: This method will only work for gasoline engines that run at a constant speed, such as generators or lawn mowers. In the case of generators, that do run at a constant speed but require more fuel under heavier loads, you may have to adjust the gas flow to where the engine is running a little rich (too much gas) while idling so that there will be enough gas to compensate for the increased demand when the generator is placed under a load. Disclaimer! 1. This method is to be used only by old fashion true rugged individualist Americans that still have some common sense and believe in personal responsibility. Americans that understand that you are responsibly for taking care of yourself and making wise choices and that if you blow yourself or your house up while doing something, that it is your fault and not someone else's fault. 2.This method is not to be used by this new breed of fake Americans that believe that it is everyone else's responsibility to protect them from getting hurt or hurting themselves and that if they get hurt while choosing to do something of their own free will, that someone has to compensate them for it. Fake Americans like those that believe that if they choose, of their own free will, to play football and end up with brain damage that they have the right to millions of dollars because nobody told them that getting body slammed by 300lb linebacker and getting knocked senseless over and over again hundreds of times might have some lasting mental effects. If you are one of these fake Americans that thinks this way, please for the love of Pete, do not follow this video! The Bottom Line. This method works but provides no safety mechanisms. I use it and have never hurt myself or anyone else. Use at your own risk! Use your own brain and common sense if you choose to use this method. Natural Gas is highly explosive and very dangerous. If you blow yourself up please act like a true American and take responsibility for your own actions and do not call me. Please Visit my NEW Jungle Explorer Website! http://THEJUNGLEEXPLORER.COM. PLEASE NOTE: A complete list of products used in the creation of this video can be found below. Click on the "SHOW MORE" button to see them. PRODUCTS USED: The generator in this video is no longer available. Here is a similar unit: DuroStar DS4000S, 3300 Running Watts/4000 Starting Watts http://amzn.to/2AkBr8k VIDEO EQUIPMENT: DBPOWER EX5000 Action Camera: http://amzn.to/2iv8Oxh Corel VideoStudio Ultimate X10: http://amzn.to/2ivJQha Please Note: In the event that a product used in this video has been discontinued, the product link will be replaced with a comparable product from the same manufacturer if available. DISCLAIMER: This video and description contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for the support! fadiadiaka
Views: 365642 Jungle Explorer
Food Costs Formula: How to Calculate Restaurant Food Cost Percentage
What is the food cost formula and how can you use it to calculate your restaurants food cost percentage. I will explain everything you need to know about food costing in this video. As a restaurant owner, manager, operator or chef, you have to know how to calculate your food cost so you can lower expenses and increase your profits. If you enjoyed this video and want more just like them including a free training series called the foundation to a lifetime of restaurant success. Click Here: http://TheRestaurantBoss.com To subscribe to my you tube channel, Click here: http://www.youtube.com/subscription_center?add_user=gromfinboss
Views: 486144 The Restaurant Boss
Billionaire Mathematician - Numberphile
Full length version of this interview (one hour): https://youtu.be/QNznD9hMEh0 More links & stuff in full description below ↓↓↓ More about The Simons Foundation: http://bit.ly/SimonsFoundation James Harris Simons has been described as "the world's smartest billionaire", amassing a fortune through the clever use of mathematics and computers. He is now a renowned philanthropist. Chern-Simons paper: http://bit.ly/ChernSimons Support us on Patreon: http://www.patreon.com/numberphile NUMBERPHILE Website: http://www.numberphile.com/ Numberphile on Facebook: http://www.facebook.com/numberphile Numberphile tweets: https://twitter.com/numberphile Subscribe: http://bit.ly/Numberphile_Sub Numberphile is supported by the Mathematical Sciences Research Institute (MSRI): http://bit.ly/MSRINumberphile Videos by Brady Haran Brady's videos subreddit: http://www.reddit.com/r/BradyHaran/ Brady's latest videos across all channels: http://www.bradyharanblog.com/ Sign up for (occasional) emails: http://eepurl.com/YdjL9 Numberphile T-Shirts: https://teespring.com/stores/numberphile Other merchandise: https://store.dftba.com/collections/numberphile
Views: 1643435 Numberphile
When money isn’t real: the $10,000 experiment | Adam Carroll | TEDxLondonBusinessSchool
Adam Carroll talks about his $10,000 Monopoly game with his kids and how to teach finance management in a cashless society. Adam Carroll is quickly being recognized as one of the top transformational trainers in the country. Having presented at over 500 colleges and Universities nationwide, hundreds of leadership symposiums, and countless local and regional organizations, Adam Carroll’s message of Building A Bigger Life, Not a Bigger Lifestyle has been heard by over 200,000+ people. In early 2014, Adam successfully crowd-funded a documentary on student loan debt, raising nearly $70,000 in 45 days. The film, Broke Busted & Disgusted is due out in early 2015 and is already garnering critical acclaim. The mission of the film is to start a national debate about changing the way we fund college and not crippling 20 somethings with mountains of debt. Adam’s core message is we are all after the same thing – to relentlessly pursue our passions, live simply and happily, and make a difference to those around us. 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: 2905903 TEDx Talks
What a MILLION Dollars Gets You Around the World
What could you buy with $1,000,000 around the world? Which places are far cheaper than the others? Today we'll take a look at What a Million Dollars Gets You Around the World⭐ SUBSCRIBE: http://bit.ly/TheInfographicsShow ⭐ WEBSITE (You can suggest a topic): http://theinfographicsshow.com SUPPORT US: Patreon.......► https://www.patreon.com/theinfographicsshow CHAT: DISCORD.....►https://discord.gg/theinfographicsshow SOCIAL: Facebook...► https://facebook.com/TheInfographicsShow Instagram..►https://www.instagram.com/theinfographicsshow Twitter........► https://twitter.com/TheInfoShow Subreddit...► http://reddit.com/r/TheInfographicsShow -------------------------------------------------------------------------- Sources for this episode: https://pastebin.com/sbxhMcEW
Views: 3997296 The Infographics Show
Simple Math Problems To Fool The Best
A journey back in time to elite, Soviet math preparation schools. In case you want more: http://www.3038.org/press/shen.pdf http://www.tanyakhovanova.com/Coffins/coffinsmain.html https://arxiv.org/pdf/1110.1556.pdf http://www.lix.polytechnique.fr/Labo/Ilan.Vardi/mekh-mat.html
Views: 256700 GoldPlatedGoof
Consumer Price Index: Video Office Hours with Roger Arnold
Cengage Learning Economics author Roger Arnold lectures on the consumer price index, including what it is, how to compute CPI, and comparing CPIs. Video Office Hours videos from Arnold are available as an optional supplement to his textbooks. To learn more about his solutions, visit http://cengage.com/economics/arnold. South-Western, a part of Cengage Learning, is focused on meeting the lifelong learning needs of students and instructors in business and economics. Visit http://www.cengage.com/southwestern for more information."
Views: 38852 SWEconomics
Secret Hidden Symbols in US Dollars
U.S. Dollars are the most important currency in the world but few actually take a moment to contemplate the reasons behind the strange marks and the secrets they are hiding. Here are the hidden secrets in us dollar notes! Subscribe for more! ► http://bit.ly/BeAmazedSubscribe ◄ Stay updated ► http://bit.ly/BeAmazedFacebook https://twitter.com/BeAmazedVideos https://instagram.com/BeAmazedVideos◄ For copyright queries or general inquiries please get in touch: [email protected] Credit: "Unwritten Return" Kevin MacLeod (incompetech.com), Licensed under Creative Commons: By Attribution 3.0 License, http://creativecommons.org/licenses/by/3.0/ Lets also point out the obvious - this is the signature of the treasurer of the united states, as indicated underneath, and this is the signature of the secretary of the treasury... in case you can't follow the pattern. This marking indicates what year that particular dollar design originated and just above it is the treasury department seal, which authenticates the note. On closer inspection you'll notice a balance, which indicates justice, a key, which indicates trust, and an inverted v shape, known as a chevron, which has 13 starts within it. That number 13 is kindaa a recurring theme, we'll explain it soon. On the reverse, back side of the note you will notice that it attempts to encapsulate the ideologies of the new nation that the founding fathers wanted to preserve following the declaration of independence. In the centre you'll see the official US motto 'in god we trust' that was adopted in 1956. The two circles you see on either side are the two halves which make up the great seal. Why are there two halves? Let's start with the heraldic Bald Eagle, which you'll also notice is printed in purple on the five dollar bill. In front of the eagle is an unsupported shield which symbolizes the fledgling country's ability to stand on its own. The eagle is biting on a ribbon which has the phrase 'e pluribus unum' engraved on it. That means 'out of many - one' in latin. Above the eagles head is a load of stars in what's known as a 'glory' - a feature that's made to look like its bursting out of a cloud, symbolising a new nation led by God. The cap, or triangle encasing the eye is separated to symbolise that the United States is still far from finished and the rising sun behind it is supposed to represent a new nation that has begun - it even leaves a shadow to the west as back then that was the direction of undiscovered lands. The motto at the top read 'annuit coeptis' meaning "he has favoured our undertakings" and the motto at the bottom reads "novus ordo seclorum" - thats a harry potter spell. The shield has 13 horizontal stripes and 13 vertical bars and there are 13 stars above the eagles head, each with 13 be amazed logos inside. Alight, maybe not the last one. Anyhow, the number 13 was maybe a tiiiinnny bit special to the founding fathers as it symbolises the 13 original colonies. An owl mark would symbolise the illuminati and a spider would fit with the webbed background theme. Both may seem plausible, but sadly there is an even better explanation for this. After overlaying a transposed section of the web from the bottom part of the bill, it is clear that this is just an unintentional feature.
Views: 2243059 BE AMAZED
The TRUTH Why Modern Music Is Awful
JOIN The PRIVATE Thoughty2 Club & Get Exclusive Perks! http://bit.ly/t2club SUBSCRIBE - New Vids Every Thurs: http://bit.ly/thoughty2 Support me on Patreon: https://www.patreon.com/thoughty2 Thoughty2 Facebook: http://bit.ly/thoughtyfb Thoughty2 Instagram: http://bit.ly/t2insta Thoughty2 Merchandise: http://thoughty2.spreadshirt.com Thanks to The Patreon Research Team: David Davenport, Michael Mulligan, Jeff Li, Anais Namahoro, Noa Thanks To My Patreon Supports: Gabriel Castillo, Jaclyn P Ray, Steve Bradshaw, Omar Albastaki, Elemeniah, Peter Hartman, Eirenliel Allier, pkipnis, Bart Post, JASON, Alex Miyazaki, Billy Carr, 7734reaper, Even Keiseraas, Robert Sopin, Alyson Strecker, Christian Pahl, Hugh o Goill, shane "MkII" ryan, Rachel Maxwell, Farid van der Zee, SolidSnake, Wade Melanson, Joshua Holdaway, Bluemelodie, Jose Bautista, Aijaz Shaikh, David Cruz, Joseph Worrall
Views: 6041604 Thoughty2
Our democracy no longer represents the people. Here's how we fix it | Larry Lessig | TEDxMidAtlantic
Harvard Professor Lawrence Lessig makes the case that our democracy has become corrupt with money, leading to inequality that means only 0.02% of the United States population actually determines who's in power. Lessig says that this fundamental breakdown of the democratic system must be fixed before we will ever be able to address major challenges like climate change, social security, and student debt. This is not the most important problem, it's just the first problem. Lawrence Lessig is the Roy L. Furman Professor of Law and Leadership at Harvard Law School, former director of the Edmond J. Safra Center for Ethics at Harvard University, and founder of Rootstrikers, a network of activists leading the fight against government corruption. He has authored numerous books, including Republic, Lost: How Money Corrupts Our Congress—and a Plan to Stop It, Code and Other Laws of Cyberspace, Free Culture, and Remix. 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: 790986 TEDx Talks
Nominal Exchange Rate v/s Real Effective Exchange Rate
This video will help viewers understand the difference between Nominal Exchange Rate and Real Effective Exchange Rate. This video gives some serious insights on how inflation affects the real value of a currency. Please leave us a comment/suggestion on our video and do hit "LIKE" if you like the video. SUBSCRIBE TO OUR CHANNEL FOR FULL ACCESS TO ALL OUR VIDEOS ABOUT US: Ambition Learning Solutions is a preemptive training institute providing trainings to undergraduates, post graduates and working professionals on various international certification programs like Certified Financial Planner (CFP), Certified Credit Research Analyst (CCRA), Basics of Financial Markets, Macro Economic Indicators impacting the Financial Markets, Derivatives Market, Technical Analysis, Credit Research, Commercial Banking, Investment Banking, Financial Modeling, Advance Excel, Equity Research, Diploma in Banking and Finance (DBF), NSE's Certified Capital Market Professional (NCCMP) etc. We assist corporate by providing qualified human resources for their operation and expansion requirement. We train their existing staff to furnish them with the latest updates and techniques in their respective domains. Reach us at: Website: www.ambitionlearning.com Facebook: https://www.facebook.com/groups/ambitionlearning/ Email: [email protected] Linkedin: http://www.linkedin.com/profile/view?id=67196015&trk=wvmp-profile
How to Make a Million Dollars a Year
There are two crucial areas to making a Million Dollar Income. Patrick Bet-David covers them in this video. Don’t forget to subscribe to Valuetainment: http://bit.ly/2aPEwD4 Visit the official Valuetainment Store for gear: https://www.valuetainmentstore.com/ Download the FREE PDF: http://www.patrickbetdavid.com/make-million-dollars-year/ Other videos to watch: How to really become a millionaire: https://www.youtube.com/watch?v=KW9R_aNGF4E 11 skills that millionaires master: https://www.youtube.com/watch?v=eJlWQ08UCyM About Valuetainment: Founded in 2012 by Patrick Bet-David, our goal is to impact entrepreneurs around the world through value and entertainment. We are the #1 channel for entrepreneurs because of the best interviews, best how to videos, best case studies and because we defend capitalism and educate entrepreneurs. To reach the Valuetainment team you can email: [email protected] Follow Patrick on social media: Website: http://www.patrickbetdavid.com Snapchat: betdavid19 Facebook:https://www.facebook.com/PatrickBetDavid.Valuetainment/ Instagram:https://www.instagram.com/patrickbetdavid/ Twitter:https://twitter.com/patrickbetdavid Linkedin:https://www.linkedin.com/in/patrick-bet-david-3731553
Views: 348550 Valuetainment
What is Inflation?
Economists constantly refer to inflation and tend to suggest it is a Very Bad Thing. But why exactly, where does it come from and what could one do to tame it? Please subscribe here: http://tinyurl.com/o28mut7 If you like our films take a look at our shop (we ship worldwide): http://www.theschooloflife.com/shop/all/ Brought to you by http://www.theschooloflife.com Produced in collaboration with Vale Productions http://www.valeproductions.co.uk Music Lanquidity by http://www.purple-planet.com #TheSchoolOfLife
Views: 646607 The School of Life
11 Mind-Blowing Things Hidden On a $1 Bill
Subscribe! Because SMART IS THE NEW SEXY: https://goo.gl/JTfP6L You probably use a dollar bill every day, but do you ever really look at one? Because we have become so accustomed to handling money day in, day out, we bet you never even realized the significance of the markings on the dollar bill. For the people that have been paying attention, there is a shroud of mystery that surrounds many of the markings on the bill, and a quick search on google will show you many people have explored the possible controversial ideologies behind the making of legal tender. However, we are more interested in the facts; we will leave it up to you to decide if there is any sort of conspiracy behind any of the symbols. To find out, pull out a dollar bill from your wallet and watch this incredible Smart is the New Sexy video to find out what has been hiding in your pocket all these years. ---------------------------------------------------------------------------------------- Our Social Media: Facebook: http://facebook.com/enjoy.science/ The Bright Side of Youtube: https://goo.gl/rQTJZz 5-Minute Crafts Youtube: https://www.goo.gl/8JVmuC ---------------------------------------------------------------------------------------- For more videos and articles visit: http://www.brightside.me/
Views: 1183637 SMART BANANA
Nominal and Real Value
Views: 7825 David Slater
Dead Dollar Walking: The Truth About Government Debt
Global government debt has reached over one hundred trillion dollars. But where has all of that money really gone? There will be no economic recovery. Prepare yourself accordingly. Sources: http://www.fdrurl.com/deaddollarwalking Freedomain Radio is 100% funded by viewers like you. Please support the show by signing up for a monthly subscription or making a one time donation at: http://www.fdrurl.com/donate Bitcoin Address: 1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Litecoin Address: LL76SbNek3dT8bv2APZNhWgNv3nHEzAgKT Get more from Stefan Molyneux and Freedomain Radio including books, podcasts and other info at: http://www.freedomainradio.com Amazon US Affiliate Link: www.fdrurl.com/AmazonUS Amazon Canada Affiliate Link: www.fdrurl.com/AmazonCanada Amazon UK Affiliate Link: www.fdrurl.com/AmazonUK Stefan Molyneux's Social Media Facebook: https://www.facebook.com/stefan.molyneux Twitter: https://twitter.com/stefanmolyneux Google+: https://www.google.com/+StefanMolyneux_Freedomain_Radio Linked In: http://www.linkedin.com/pub/stefan-molyneux/5/72a/703 Freedomain Radio Social Media Facebook: https://www.facebook.com/Official.Freedomain.Radio Twitter: https://twitter.com/freedomainradio Google+: https://www.google.com/+FreedomainradioFDR LinkedIn: http://www.linkedin.com/company/freedomain-radio Message Board: http://board.freedomainradio.com Meet-Up Groups: http://www.meetup.com/Freedomain-Radio/ Blogspot: http://freedomain.blogspot.com/ iTunes Podcasts: https://itunes.apple.com/us/podcast/freedomain-radio!-volume-6/id552010683
Views: 94684 Stefan Molyneux
10 Surprisingly High Paying Jobs
We did the math on the grunt-to-grat ratio for you, with 10 jobs you wouldn't expect to be well-paying, and the details on what it takes to land the position, in this episode of The Infographics Show, 10 Surprisingly High Paying Jobs. ⭐SUBSCRIBE: http://bit.ly/2glTFyc ⭐ MILITARY PLAYLIST —► http://bit.ly/MilitaryComparisons WEBSITE (You can suggest a topic): http://theinfographicsshow.com SUPPORT US: Patreon.......► https://www.patreon.com/theinfographicsshow CHAT: DISCORD.....►https://discord.gg/sh5JwUw SOCIAL: Facebook...► https://facebook.com/TheInfographicsShow Instagram..►https://www.instagram.com/theinfographicsshow Twitter........► https://twitter.com/TheInfoShow Subreddit...► http://reddit.com/r/TheInfographicsShow -------------------------------------------------------------------------- Sources for this episode:
Views: 4543996 The Infographics Show
Net Present Value Explained in Five Minutes
(1) Part 1 explains the concepts of net present value (2) Part 2 shows how to calculate NPV on Texas Instruments BA II Plus Professional
Views: 319844 collegefinance
Why Math Might Be Complete BS | Answers With Joe
Set up a free Brilliant account at http://www.brilliant.org/answerswithjoe/ And the first 295 to sign up for a premium account get 20% off every month! Mathematics is the backbone of all sciences, no theories or hypotheses are proven unless there is math to back it up. But there are many who believe that math isn't real. In today's video, we'll break down the arguments. From the Mathematical Physicalists to the Platonists to the Mathematical Fictionalists, we look at all the theories behind whether numbers actually exist, and what they mean. Support me on Patreon! http://www.patreon.com/answerswithjoe Follow me at all my places! Instagram: https://instagram.com/answerswithjoe Snapchat: https://www.snapchat.com/add/answerswithjoe Facebook: http://www.facebook.com/answerswithjoe Twitter: https://www.twitter.com/answerswithjoe LINKS LINKS LINKS: Stanford Encyclopedia of Philosophy https://plato.stanford.edu/entries/fictionalism-mathematics/ Numberphile - Do Numbers Exist? https://www.youtube.com/watch?v=1EGDCh75SpQ PBS Idea Channel https://youtu.be/TbNymweHW4E From TED-Ed https://youtu.be/X_xR5Kes4Rs
Views: 261169 Joe Scott
What is Exchange Rate : Explained with Animation
This Video Explains the following: 1)Exchange Rates. 2)Why the value of Currency Fluctuates. 3)How the value of a currency is decided. 4)How Demand of Goods influences the Value of a Currency. For More Animated Explanations under 5 minutes, Subscribe to Science Digest. (Suggestions/Errors, please let us know. We appreciate it.)
Views: 64097 Science Digest
2017 WPI and CPI l Differences l Similarities l कौन ज्यादा अच्छा है मंहगाई मापने के लिए ?
All about Wholesale Price Index- 2017 and consumer price index -and who is better for inflation measure in india and RBI recently adopts CPI targetting Follow ADMIN :- https://www.facebook.com/gyanpmishraSCS CONTRIBUTE :- through INSTAMOJO :- http://imojo.in/ContributetoSCS .OR our PAYTM Number :- 7838692618 (Optional ) Contact : [email protected] Facebook:-https://goo.gl/PJtFB5 Get ALL PDF's :- http://goo.gl/iTxYnU Pendrive 32GB Course:- http://goo.gl/uQREwi FACEBOOK GROUP :- http://goo.gl/3eE8D8
Australian Bank Notes are the Best in the World
Proof that Australian bank notes are the best in the world because they are sized according to a log scale. Also, they are water-proof. I compare Australian, Canadian, UK and USA bank notes in an unbiased competition to see which is the best. My dual criteria are: - the closest log-scale fit between the value and physical object for each note - able to survive a being left in pocket and going through the wash If you disagree: cast your vote now! If you think I have missed an even better currency: I accept bribes in whatever the currency may be. Also, check out my mate Steve Mould: https://www.youtube.com/user/steventhebrave https://www.youtube.com/watch?v=iMGvTYDC5MA MATT PARKER: Stand-up Mathematician Website: http://standupmaths.com/ Music by Howard Carter Design by Simon Wright
Views: 586985 standupmaths
Top 10 Highest Paid Youtubers
Have you ever wonder who is the Highest paid Youtubers? Or how much Youtubers make? Well here is a list revealing it all! Check out my main channel: LandonProduction https://www.youtube.com/user/LandonProduction Vlog Channel: https://www.youtube.com/user/LandonProductionVlog FOLLOW ME ON SOCIAL MEDIA FACEBOOK- https://www.facebook.com/pages/Landonproduction/268626033166262?ref=hl INSTAGRAM- http://instagram.com/landonproductions TWITTER- https://twitter.com/LandonYoutube
Views: 9415602 MostAmazingTop10
Rate of Return Vs Minimum Attractive Rate of Return
Rate of Return Vs Minimum Attractive Rate of Return (ROR vs MARR)
Views: 17436 Engineer Clearly
The Money Multiplier
When you deposit money into a bank, do you know what happens to it? It doesn’t simply sit there. Banks are actually allowed to loan out up to 90% of their deposits. For every $10 that you deposit, only $1 is required to stay put. This practice is known as fractional reserve banking. Now, it’s fairly rare for a bank to only have 10% in reserves, and the number fluctuates. Since checkable deposits are part of the U.S. money supplies, fractional reserve banking, as you might have guessed, can have a big impact on these supplies. This is where the money multiplier comes into play. The money multiplier itself is straightforward: it equals 1 divided by the reserve ratio. If reserves are at 10%, the minimum amount required by the Fed, then the money multiplier is 10. So if a bank has $1 million in checkable deposits, it has $10 million to work with for stuff like loans and reserves. Now, typically, the money multiplier is more like 3, because banks can always hold more in reserves than the minimum 10%. When the money multiplier is higher, like during a boom, this gives the Fed more leverage to move M1 and M2 with a small change in reserves. But when the multiplier is lower, such as during a recession, the Fed has less leverage and must push harder to wield its indirect influence over M1 and M2. Next up, we’ll take a closer look at how the Fed controls the money supply and how that has changed since the Great Recession. Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8 Macroeconomics Course: http://bit.ly/2eHWWtC Ask a question about the video: http://bit.ly/2utp1IH Next video: http://bit.ly/2udpA7U
Real and nominal return | Inflation | Finance & Capital Markets | Khan Academy
Inflation and real and nominal return. Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/inflation-tutorial/real-nominal-return-tut/v/calculating-real-return-in-last-year-dollars?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/inflation-tutorial/inflation-scenarios-tutorial/v/hyperinflation?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: If the value of money is constantly changing, can we compare investment return in the future or past to that earned in the present? This tutorial focuses on how to do this (another good tutorial to watch is the one on "present value"). About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 166386 Khan Academy
What a Dollar ($1) Gets You Around the World
What could you buy with $1 around the world? Which places are far cheaper than the other? Today we take a look at What a Dollar ($1) Gets You Around the World. ⭐SUBSCRIBE: http://bit.ly/2glTFyc ⭐ SUBSCRIBE TO OUR CHANNEL —► http://bit.ly/TheInfographicsShow WEBSITE (You can suggest a topic): http://theinfographicsshow.com SUPPORT US: Patreon.......► https://www.patreon.com/theinfographicsshow CHAT: DISCORD.....►https://discord.gg/sh5JwUw SOCIAL: Facebook...► https://facebook.com/TheInfographicsShow Instagram..►https://www.instagram.com/theinfographicsshow Twitter........► https://twitter.com/TheInfoShow Subreddit...► http://reddit.com/r/TheInfographicsShow -------------------------------------------------------------------------- Sources for this episode: https://pastebin.com/bcNSjVZZ
Views: 3739924 The Infographics Show
What Happens, if 1 ₹ = 1 $ (Rupee=Dollar)
Subscribe Here: - https://goo.gl/fsQayx Instagram :- https://www.instagram.com/harshfacts/ My gears https://goo.gl/csuCq0 https://goo.gl/tEuBwb India's economy is the 10th largest in the world. I was really curious to find out that when will Rupee will be Equal to Dollar and I came across with the discussion on Quora about Indian Economy. Some finance people has mentioned their views on the future of how rupee will trend. So I did some research and made the video. The video is based on Mr. Balaji Viswanathan's answer on Quora, I added some things through my own study but main idea is from his answer. I knew many things before but I learned a lot in my research about Indian economy. I think there are many people who don't know exactly how economy works & always worry about why can't be 1 Rupee = 1 dollar. Here I gave a try to solve your mysterious question through a broader perspective considering the impact on Indian Economy. Anyway Enjoy. Check out the one of the discussion on Quora here. https://goo.gl/oq3Q9I Facebook: https://www.facebook.com/HARSHFACTS1/ Twitter: https://twitter.com/HarshHIn Website: http://harshfacts.com/ Source of the Images Used. https://goo.gl/96zhEH Licenses to the content https://creativecommons.org/licenses/by-nd/2.0/ https://creativecommons.org/licenses/by-sa/2.0/ https://creativecommons.org/licenses/by-sa/3.0/ https://creativecommons.org/licenses/by/3.0/br/deed.en https://creativecommons.org/licenses/by-sa/4.0/ https://creativecommons.org/licenses/by/2.0/ https://creativecommons.org/publicdomain/zero/1.0/ https://creativecommons.org/licenses/by-sa/2.5/ Music. Whistling_Down_the_Road https://www.youtube.com/audiolibrary/music https://youtu.be/Q5EnvdWKlHw
Views: 4060432 HARSH FACTS
Nominal vs. Real GDP
"Are you better off today than you were 4 years ago? What about 40 years ago?" These sorts of questions invite a different kind of query: what exactly do we mean, when we say “better off?” And more importantly, how do we know if we’re better off or not? To those questions, there’s one figure that can shed at least a partial light: real GDP. In the previous video, you learned about how to compute GDP. But what you learned to compute was a very particular kind: the nominal GDP, which isn’t adjusted for inflation, and doesn’t account for increases in the population. A lack of these controls produces a kind of mirage. For example, compare the US nominal GDP in 1950. It was roughly $320 billion. Pretty good, right? Now compare that with 2015’s nominal GDP: over $17 trillion. That’s 55 times bigger than in 1950! But wait. Prices have also increased since 1950. A loaf of bread, which used to cost a dime, now costs a couple dollars. Think back to how GDP is computed. Do you see how price increases impact GDP? When prices go up, nominal GDP might go up, even if there hasn’t been any real growth in the production of goods and services. Not to mention, the US population has also increased since 1950. As we said before: without proper controls in place, even if you know how to compute for nominal GDP, all you get is a mirage. So, how do you calculate real GDP? That’s what you’ll learn today. In this video, we’ll walk you through the factors that go into the computation of real GDP. We’ll show you how to distinguish between nominal GDP, which can balloon via rising prices, and real GDP—a figure built on the production of either more goods and services, or more valuable kinds of them. This way, you’ll learn to distinguish between inflation-driven GDP, and improvement-driven GDP. Oh, and we’ll also show you a handy little tool named FRED — the Federal Reserve Economic Data website. FRED will help you study how real GDP has changed over the years. It’ll show you what it looks like during healthy times, and during recessions. FRED will help you answer the question, “If prices hadn’t changed, how much would GDP truly have increased?” FRED will also show you how to account for population, by helping you compute a key figure: real GDP per capita. Once you learn all this, not only will you see past the the nominal GDP-mirage, but you’ll also get an idea of how to answer our central question: "Are we better off than we were all those years ago?" Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/24pzD7X Next video: http://bit.ly/1TGgR8r Help us caption & translate this video! http://amara.org/v/H0PX/
Fastest Way People Turned $1 Into $1 Million?
How what is the fastest way people got really rich by turning a dollar into a million dollars!? SUBSCRIBE TO US -► http://bit.ly/TheInfographicsShow WEBSITE (You can suggest a topic): http://theinfographicsshow.com SUPPORT US: Patreon.......► https://www.patreon.com/theinfographicsshow CHAT WITH ME: DISCORD.....►https://discord.gg/theinfographicsshow SOCIAL: Twitter........► https://twitter.com/TheInfoShow Subreddit...► http://reddit.com/r/TheInfographicsShow -------------------------------------------------------------------------- Sources for this episode: https://pastebin.com/gF6EL6ie Some Images used under license from Shutterstock.com You can get graphics like ours from here ► http://shutterstock.7eer.net/c/1209709/42119/1305
Views: 1736034 The Infographics Show
Inflation and the devaluing of the dollar explained.
inflation & devalue. Zeitgeist Addendum 2008 film clip by Peter Joseph
Views: 7075 Hugoboss206
Steve Harvey Tells You How To Make A Million Dollars
Inch by inch anything's a cinch. SUBSCRIBE TO MY OFFICIAL CHANNEL: http://bit.ly/2wSLUXE VISIT MY WEBSITE: https://www.steveharvey.com FOLLOW ME ON SOCIAL: Instagram: https://instagram.com/iamsteveharveytv/ Twitter: https://twitter.com/iamsteveharvey Facebook: https://www.facebook.com/SteveHarvey/ READ MY BOOK "JUMP": http://bit.ly/2Qj6CJk READ MY BOOK "ACT LIKE A SUCCESS, THINK LIKE A SUCCESS": http://bit.ly/2wTWRcq WATCH MORE VIDEOS FROM STEVE HARVEY: Motivational Videos: https://www.youtube.com/playlist?list=PLh9wooqH0eemYGgDXECUvpLBwMnfpmVic Inspirational Brain Drops: https://www.youtube.com/playlist?list=PLh9wooqH0eelAiPVpTWY7OaA9zIQ0iYQx Throw Back Thursday Comedy: https://www.youtube.com/playlist?list=PLh9wooqH0eenFYEpNx6XgOi5W6EbpIWaF Thanks for watching!! Check back every week for new videos and don't forget to like, subscribe and comment down below!
Causes of Inflation
In the last video, we learned the quantity theory of money and its corresponding identity equation: M x V = P x Y For a quick refresher: ‌•M is the money supply. ‌•V is the velocity of money. ‌•P is the price level. ‌•And Y is the real GDP. In this video, we’re rewriting the equation slightly to divide both sides by Y and explore the causes behind inflation. What we discover is that a change in P has three possible causes – changes in M, V, or Y. You probably know that prices can change a lot, even over a short period of time. Y, or real GDP, tends to change rather slowly. Even a seemingly small jump or fall in Y, such as 10% in a year, would signal astonishing economic growth or a great depression. Y probably isn’t our usual culprit for inflation. V, or the velocity of money, also tends to be rather stable for an economy. The average dollar in the United States has a velocity of about 7. That may fall or rise slightly, but not enough to influence prices. That leaves us with M. Changes in the money supply are the driving factor behind inflation. Put simply, when more money chases the same amount of goods and services, prices must rise. Can we put this theory to the test? Let’s look at some real-world examples and see if the quantity theory of money holds up. In Peru in 1990, hyperinflation came into full swing. If we track the growth rate of the money supply to the growth rate of prices, we can see that they align almost perfectly on a graph with both clocking in around 6,000% that year. If we plot the growth rates of the money supply along with the growth rates of prices for a many countries over a long stretch of time, we can see the same relationship. We’ll wrap-up the causes of inflation with three principles to keep in mind as we continue exploring this topic: ‌•Money is neutral in the long run: a doubling of the money supply will eventually mean a doubling of the price level. ‌•“Inflation is always and everywhere a monetary phenomena.” – Milton Friedman ‌•Central banks have significant control over a nation’s money supply and inflation rate. 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/2jR4yKz Next video: http://bit.ly/2jTTTiW
Why do countries devalue their currencies? - Tell me why
What is currency devaluation and what does it mean? And why do countries, by their own wish, devalue their currencies? Find out why countries devalue their currency in this short animated video. What's your next question? Have any questions in science field or may be any doubts in the field of astronomy? We are here to answer. So be creative. What's your question? ♦astronomy ♦biology ♦economics ♦history ♦others Ask your [email protected] http://facebook.com/tellmewhyvideos https://twitter.com/tellmewhyvideos Or Comment down below Sources and further readings: https://www.quora.com/How-do-countries-devalue-currency/answer/Balaji-Viswanathan-2 Background music: Kevin Macleod
Views: 38698 Tell me why
Why is Rupee falling against US Dollar?
"Why does dollar price go up and down?". He explained me the reason. I am going to simplify same explaination here. Lets assume there are only two international traders between India and US. - Mr Patel in Mumbai who supplies Diamond Jewelry to a store in New York. - Mr. Brown in Chicago who supplies Industrial Robots in Noida. Assume dollar price today is 45 rupees. Today Patel sold 10 piece Jewelry set to NY store, cost of each piece was 1000 dollars. Total selling amount = 10,000 dollars. Now Patel wants to convert 10,000 dollars to Rupees. If rate is 45 rupees to 1 US dollar. After conversion Patel should get 4.5 Lakh rupees. Same evening Mr. Brown from Chicago, sells one industrial robot in Noida for Rs. 2.25 lakhs. As per 45 rupees to dollar rate, Brown is expecting to convert Rs. 2.25 lakhs to 5000 US dollars. So we have -- 10,000 US dollars to be converted to rupees. [After conversion worth Rs. 4.5 Lakhs] -- Rs. 2.25 Lakhs to be converted to dollars [After conversion worth 5000 US dollars] We have a problem. Demand for Rupees is more than that for dollars. In other words for this particular trading day, there seems to be more supply of dollars than that of rupees. Patel and Brown log to Foreign Exchange website to convert their currency. First 5000 dollars gets exchanged easily. And the rate is Rs. 45 to 1 US dollars. Brown is happy he got his 2.25 lakhs converted to 5000 US dollars, he logs out of website and goes home. Patel still has more 5000 US dollars to convert in to Rupees. He got some money on credit from a friend and promised to return him on time with small interest fee. Patel also wants to pay salary to karigar (people on manufacturing floor) who manufactured jewelry for him. Patel is now desperate to convert remaining 5000 dollars to rupees. Lets add one more character in to story now. Mr Desai who runs a Travel Agency and organises tours to countries like UK, USA, Asia etc. He logs to website and sees someone waiting to exchange 5000 US dollars to rupees. Desai knows that he will need US dollars sometime next month and was looking to buy some at good price. He offers a bargain. Last price for dollar was 45 rupees, but if someone sells dollars for 43 rupees, I will buy it. Patel being in rush, agrees to sell dollars for lower price. Patel converts remaining 5000 US dollars at rate of 43 rupees. 5000 x 43 = 2.15 lakhs. Patel doesn't mind loosing small amount because he will able to make payments on time. Now latest Exchange rate is: Rs. 43 to 1 US dollar. After few weeks , Desai (Travel agent) gets a big contract to organise tour for a group of 100 people. He needs lot of dollars, he logs in to website and sees Patel ready to sell 10,000 dollars for 47 rupees. Desai desperately needs dollars, he buys it. Now excahnge rate is: Rs. 47 to 1 US dollar.
Views: 364478 MumbaiPav
Nominal to Real conversion
How to convert nominal value into real value?
Views: 10523 Arindam Mandal
How To Live On $3 a Day | One Dollar Meals | Day One |
I wrote a glorious ebook on all of my favorite recipes from our channel, check it out here https://bit.ly/2Ar73th In this episode we are exploring how to really survive, in a big way, on $1 a meal, that's $3 a day, and $21 for an entire week. I set out to figure out how it would be possible for someone to really eat, not only cheap, but still make amazing food and feel satisfied. On day one I am exploring how to shop at the market on a budget, getting the most bang for your buck and how to start prepping food for the week as well as making a few quick snacks and snagging samples and condiments from stores to help with the week. Check out www.brothersgreen.com for more follow us on twitter: brothersgreenbk instagram: brothersgreen snapchat: brothersgreen facebook: Brothers Green Eats
Views: 3355896 Brothers Green Eats
How the US Dollar Became the World's Reserve Currency. What is petrodollar. how it was born(Hindi)
Mostly we all do international transactions and also transfer money from one nation to other nation but if you noticed one thing that all this international transactions or money transfer can happens only in one single currency. It's (United States dollar) So why dollar is so impotent in this world and How the US Dollar Became the World's Reserve Currency. What is petrodollar. how it was born(Hindi) https://en.wikipedia.org/wiki/Bretton_Woods_Conference Vietnam War or Second Indochina War. America's Worst Military Defeat. Story of Vietnam War (Hindi) https://youtu.be/xlEqljKDFmE 6 Day War. Israeli vs Arab World. Full Story of 6 Day War (Hindi) https://youtu.be/K7P12x6VCxM Let's find out all I collected all the information for you. If you enjoyed this video please like it and share with you friends. also please subscribe this channel . Get More Great Tips - Subscribe ➜ https://goo.gl/DoMjMk Follow me Twitter ➜ https://www.twitter.com/gyanjarahatke Facebook ➜ https://www.facebook.com/Gyanjarahatke Instagram ➜ https://www.instagram.com/gyanjarahatke/ Thanks I am Sourabh Maheshwari Music: www.bensound.com Support GuanJaraHatke By Becoming GuanJaraHatke Patreon https://www.patreon.com/user?u=5209119
Views: 428136 Gyan Jara Hatke
What Determines The Value of Money | 1MinuteDoc
Money; Everyone wants it, everyone needs it; Without it we can’t buy goods and services; But how much stuff money can buy doesn’t remain constant; What 10 dollars can buy today is less than what the same 10 dollars could buy in 1980; So what determines money’s worth? Supply and demand. If lots of people provide goods and services there is competition and prices fall; Money will be worth more. If the economy weakens, everyone still needs food and other stuff; High demand and low supply will reduce money’s value; It’s called inflation. War, economic recession and poor exports exacerbate inflation; Most nations control interest rates and trade policies to keep annual inflation below 5%; In 1990 after a prolonged civil war in Zimbabwe inflation touched two hundred million percent; They issued banknotes worth a hundred trillion each; This was hyperinflation at its worst;
Views: 1028 1MinuteDoc
National Income at Current Price and Constant Price (class Xll Economics)
National income at current Price National income at constant Price Difference between National income at current Price and constant Price *ask your queries at [email protected] *whatsapp me on 9810281798 Please like,share and subscribe the channel. Watch my other videos on* Easy Economics by Rashmi *
How the U.S. Dollar Impacts Other Currencies, Commodities, Oil & Gold - Forex (2009)
The 6th paragraph of Section 8 of Article 1 of the U.S. Constitution provides that the U.S. Congress shall have the power to "coin money" and to "regulate the value" of domestic and foreign coins. Congress exercised those powers when it enacted the Coinage Act of 1792. That Act provided for the minting of the first U.S. dollar and it declared that the U.S. dollar shall have "the value of a Spanish milled dollar as the same is now current". The table to the right shows the equivalent amount of goods that, in a particular year, could be purchased with $1. The table shows that from 1774 through 2012 the U.S. dollar has lost about 97.0% of its buying power.[60] The decline in the value of the U.S. dollar corresponds to price inflation, which is a rise in the general level of prices of goods and services in an economy over a period of time.[61] A consumer price index (CPI) is a measure estimating the average price of consumer goods and services purchased by households. The United States Consumer Price Index, published by the Bureau of Labor Statistics, is a measure estimating the average price of consumer goods and services in the United States.[62] It reflects inflation as experienced by consumers in their day-to-day living expenses.[63] A graph showing the U.S. CPI relative to 1982–1984 and the annual year-over-year change in CPI is shown at right. The value of the U.S. dollar declined significantly during wartime, especially during the American Civil War, World War I, and World War II.[64] The Federal Reserve, which was established in 1913, was designed to furnish an "elastic" currency subject to "substantial changes of quantity over short periods", which differed significantly from previous forms of high-powered money such as gold, national bank notes, and silver coins.[65] Over the very long run, the prior gold standard kept prices stable—for instance, the price level and the value of the U.S. dollar in 1914 was not very different from the price level in the 1880s. The Federal Reserve initially succeeded in maintaining the value of the U.S. dollar and price stability, reversing the inflation caused by the First World War and stabilizing the value of the dollar during the 1920s, before presiding over a 30% deflation in U.S. prices in the 1930s.[66] Under the Bretton Woods system established after World War II, the value of gold was fixed to $35 per ounce, and the value of the U.S. dollar was thus anchored to the value of gold. Rising government spending in the 1960s, however, led to doubts about the ability of the United States to maintain this convertibility, gold stocks dwindled as banks and international investors began to convert dollars to gold, and as a result the value of the dollar began to decline. Facing an emerging currency crisis and the imminent danger that the United States would no longer be able to redeem dollars for gold, gold convertibility was finally terminated in 1971 by President Nixon, resulting in the "Nixon shock".[67] The value of the U.S. dollar was therefore no longer anchored to gold, and it fell upon the Federal Reserve to maintain the value of the U.S. currency. The Federal Reserve, however, continued to increase the money supply, resulting in stagflation and a rapidly declining value of the U.S. dollar in the 1970s. This was largely due to the prevailing economic view at the time that inflation and real economic growth were linked (the Phillips curve), and so inflation was regarded as relatively benign.[67] Between 1965 and 1981, the U.S. dollar lost two thirds of its value.[60] In 1979, President Carter appointed Paul Volcker Chairman of the Federal Reserve. The Federal Reserve tightened the money supply and inflation was substantially lower in the 1980s, and hence the value of the U.S. dollar stabilized.[67] Over the thirty-year period from 1981 to 2009, the U.S. dollar lost over half its value.[60] This is because the Federal Reserve has targeted not zero inflation, but a low, stable rate of inflation—between 1987 and 1997, the rate of inflation was approximately 3.5%, and between 1997 and 2007 it was approximately 2%. The so-called "Great Moderation" of economic conditions since the 1970s is credited to monetary policy targeting price stability.[67] There is ongoing debate about whether central banks should target zero inflation (which would mean a constant value for the U.S. dollar over time) or low, stable inflation (which would mean a continuously but slowly declining value of the dollar over time, as is the case now). Although some economists are in favor of a zero inflation policy and therefore a constant value for the U.S. dollar,[66] others contend that such a policy limits the ability of the central bank to control interest rates and stimulate the economy when needed. http://en.wikipedia.org/wiki/United_States_dollar#Value
Views: 9923 Way Back
How Do You Know If Your Money Is Fake?
How Much Of Our Money Is Fake?: http://dne.ws/1HIEcS0 Counterfeiting money has been a problem across the world for some time now. How does the government go about detecting the fake currency? Read More: History of U.S. Currency http://www.newmoney.gov/uscurrency/history.htm A Hundred Bucks Says You Won’t Read This Story http://www.esquire.com/news-politics/a24292/benjamin-hundred-dollar-bill-0913/ “Our new hundred-dollar bill, like every other single piece of American folding money, is born in this rotary boiler.” The Chemistry of Euro Notes http://www.aquimicadascoisas.org/en/?episodio=the-chemistry-of-euro-notes “It’s something that often passes by our hands, often faster than we would wish. Today, in The Chemistry of Things, we speak about Euro notes!” Longhorn beetle inspires ink to fight counterfeiting http://www.acs.org/content/acs/en/pressroom/presspacs/2014/acs-presspac-november-5-2014/longhorn-beetle-inspires-ink-to-fight-counterfeiting.html “From water marks to colored threads, governments are constantly adding new features to paper money to stay one step ahead of counterfeiters.” How Inkjet Printers Are Changing the Art of Counterfeit Money http://www.theatlantic.com/technology/archive/2014/05/how-inkjet-printers-are-changing-the-art-of-counterfeit-money/361946/ “Nearly 60 percent of the fake $88.7 million recouped last year was created using inkjet or laser printers.” ____________________ DNews is dedicated to satisfying your curiosity and to bringing you mind-bending stories & perspectives you won't find anywhere else! New videos twice daily. Watch More DNews on TestTube http://testtube.com/dnews Subscribe now! http://www.youtube.com/subscription_center?add_user=dnewschannel DNews on Twitter http://twitter.com/dnews Trace Dominguez on Twitter https://twitter.com/tracedominguez Julia Wilde on Twitter https://twitter.com/julia_sci DNews on Facebook https://facebook.com/DiscoveryNews DNews on Google+ http://gplus.to/dnews Discovery News http://discoverynews.com Download the TestTube App: http://testu.be/1ndmmMq
Views: 285825 Seeker
Time Value of Money (concept explained)
This video explains the concept of the time value of money, as it pertains to finance and accounting. An example is given to illustrate why there is a time value associated with the timing of cash flows. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 141481 Edspira
Get Rich Education - Cash Flow vs. Inflation
Want More Wealth? For a limited time, download my free E-Book on this at: www.GetRichEducation.com/Book Listen to all of our shows with the Get Rich Education listener app! Apple | Android. ____________________ Real estate investing creates wealth five ways at the same time! The least known of these five is how you actually profit from inflation.
Views: 2316 Get Rich Education
Inflation and Interest Rates | Macroeconomics
https://goo.gl/XoeJI1 for more FREE video tutorials covering Macroeconomics.
Views: 5675 Spoon Feed Me
Unacademy Economics: Gross Domestic Product - GDP - Constant & Current Prices
Watch the entire economics collection here: https://unacademy.in/collection/introduction-to-economics-by-israel-jebasingh For more educational lessons by top educators visit http://unacademy.in This lesson explains the concept of GDP: Constant & Current Prices Unacademy Contribute - you can leave an optional fee for the educators teaching on Unacademy here http://imojo.in/7hrsl2
Views: 55534 Unacademy