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IgorTheLight
Economics Explained
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Comments by "IgorTheLight" (@igorthelight) on "Economics Explained" channel.
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Population in general is far from being smart. Especially in economics...
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There is an idea that everyone would get some shares in different companies so they could at least buy something. Just an idea.
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"So it's just Pokémon cards or Warhammer 40k minis, but for millionaires?" - always has been ;-)
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@Mathias Elslidnul Please elaborate on your negativity towards bitcoin
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@awsomemodels That literally cannot happen to every country in the world - there are developed and still developing countries. If developed country stagnates - that makes "room" for a developing country to shine :-)
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Also known as "Valve counting"
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@imgoingtoexplode766 But 1 USD is always equal 1 USD - why convert it to something? ;-)
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Great! Most young couples would just leave the country ;-)
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@Always1happy Sounds kinda like dictatorship! Do as I say or else! xD So that tax should be higher than cost of having children so people could choose: live with high costs with kids or live with even higher cost without kids. Nice...
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@atra7812 True! But the higher ups would be replaced LAST ;-)
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Also Qatar: we don't have slaves? They just... lost their passports and can't get home for now ;-) That's a real thing tho...
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Well... those countries would ask for money and get in debt.
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I think not - there are rich countries and there are poor countries. People from poor countries search for a job abroad so they could have 10x of their homeland salary. The story as old as civilization itself ;-)
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Yep!
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But people who come back can tell the real story ;-)
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Developed countries need immigrants as "almost slaves" - cheap and expendable. All talks about minimum wage is so human rights activists would not be pissed off. This 100% makes sense ;-)
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* Buy a house at 100 000$ * Now you will have to pay 10 000 per year * Hyperinflation hits * You STILL have to pay 10 000 per year. Now Now it's a price of one apple * Sell 10 apples = pay your WHOLE debt! This is a hyperbole but the logic is the same! If you still don't understand this - DO NOT TOUCH anything money related!
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Not true - you need paper, inc and electricity to print money ;-)
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100% true!
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If nations wouldn't exist so... what would change? There would not be poor regions anymore? ;-)
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"Excuse me, they are dying on Qatar?" - get their passport confiscated, work in slave-like condition and some of them die.
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Read about how immigrants got their passport confiscated. So yeah - voluntary ;-) The went in the country voluntary tho.
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Ethics? ;-)
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@hmmmm6685 That is 100% true
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That's a good thing actually! TV is outdated ;-) I don't watch TV since 2010
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For 5-10 years, I think. Why robots can't fix other robots? ;-)
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Economy of Moldova. Please? We do have an economy! I swear! :-)
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Printing is not fixing all the problems. Google "inflation and it's reasons".
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Isn't that just two countries tho? If you don't like this country - go to that one :-) (USA and Canada, for example)
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Use Adblock Plus if you are watching on PC.
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@jamesgravil9162 True. But they are not needed there - no education, no relevant professions... Some will survive. Other - rest in piece! Evolution.
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True. But there still will be "internal conflicts".
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Agree.
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And not for long they would exist ;-)
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Do we (world) needs another dictator tho? ;-)
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Adults are just grown-up kids. So, adult != mature.
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Kinda. That would be the same 100$ but now you could buy much less with it.
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Agree.
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Just use 8:32 instead ;-)
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And why would he do all of that? :-)
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@DroDro3 Most do. Some die. So the story about bad conditions is not a secret. Well it was a secret for a few first "waves".
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Don't waste your mindpower on that - you will spend it before it will inflate.
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True! But most people are not smart and very lazy ;-)
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Just 10:06 ;-)
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@mohamedabdukadir3271 But north is much smaller! Maybe compare GDP per capita? ;-)
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Yep! We have to adapt to a new economy ;-)
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Agree. Kinda. How would you make money in future? ;-) Be hired - but why? Are you faster than a robot? Can you work 24/7 without being paid? Robot can! Your family and friends would value you. But other people and company - wouldn't. That's the biggest puzzle that we should resolve...
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@hyrocoaster I should think about that ;-)
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Unrealistic: why rule over people that give you no value? ;-)
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Why would it? ;-)
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