Comments by "Daniel Larson" (@daniellarson3068) on "Russian Ruble Tanks: Story of the Real Russian Economy" video.

  1. Good humor for a topic many of us tune out. Now what did he ask? He wanted stuff looked up. Non-neutrality of money is the idea that changes in the money supply have a significant and lasting impact on the economy. This is the opposite of the neutrality of money theory, which states that money only affects the price level and not real variables. Nominal money is the value of money in terms of its current price, while real money is the value of money adjusted for inflation. Sticky wages is an economic theory that describes how wages are slow to change in response to economic conditions. This can lead to unemployment and slow economic recovery. A boyar or bolyar was a member of the highest rank of the feudal nobility in many Eastern European states, including Bulgaria, Kievan Rus' (and later Russia), . Now - You don't have to look it up.
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