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Crash Course Economics

1 Season
35 Episode

Crash Course Economics - Season 1 Episode 7 Inflation and Bubbles and Tulips


(1 votes, average: 2.00/ 10)

10 minutes 2024 HD

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In which Adriene and Jacob teach you about how and why prices rise. Sometimes prices rise as a result of inflation, which is a pretty normal thing for economies to do. We'll talk about how across the board prices rise over time, and how economists track inflation. Bubbles are a pretty normal thing for humans to do. One item, like tulips or beanie babies or houses or tech startups experience a rapid rise in prices. This is often accompanied by speculation, a bunch of outrageous profits, and then a nasty crash when the bubble bursts. People get excited about rising prices, and next thing you know, people are trading their life savings for a tulip bulb.

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