Comments by "Kristopher Driver" (@paxdriver) on "" video.

"this is not an NFT..." Oooh, ok, sounds totes legit when you put it that way 🤣😜
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@wlee9888 normally I'd say that's none of our business, but he's in the business of economics education.. In this case I'd like to know too.
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You missed a third cause for inflation - whdn it's public knowledge the money supply is expanding or that the lowest incomes are rising by a covid handout for example, businesses can reliably raise prices knowing everyone will have more money, ahead of any supply/demand imbalances. Anticipation of dilution of currency in other words can raise prices pre-emptively, before supply shortages or increases in demand.
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@JamieF148 evidenced by the artificial exclusivity "there's a wait list, but I'll bump you to the front of the list for being one of a million viewers on popular YouTube channels" lol
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@C05597641 thanks to having control of its own currency it will never have to do that. That's the whole benefit to not being in the eu, currency control to weather economic conditions. This is exactly why they shouldn't join the eu and why brexit was good for the UK, they have sovereignty of their currency during recession unlike Greece who will never recover.
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@C05597641 my point was that there is no economic benefit to adopting the euro. Sovreingty just saved them a lost decade. Embarrassment are quickly forgotten, Boris Johnson is already throwing his hat back in the ring with lots of support lol
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@azatmingalimov go easy dude. It's fine to discuss and be critical but it's pretty arrogant to assail character flaws on a person trying to produce educational content on complex issues. You should be helpful if you're knowledgeable, not discourage people from offering free educational resources.
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@engineeringvision9507 brexit benefited Britain not because of income distribution, it benefits by having sovereignty of its currency so when bond markets get squeezed they can respond immediately with rate changes to stem a feedback loop. Using the euro a situation like last month would lead to decades of austerity like Greece and Italy where tax payers wind up selling out national treasures just to service a debt they were forced to accrue by a fixed euro policy. It has nothing to do with distribution and everything to do with crisis mitigation.
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