Comments by "JewTube" (@JewTube001) on "Living With Nearly 100% Inflation" video.

  1. cheap relative to what though. wouldn't it only be cheaper if u got paid in USD? or do you mean argentina has high volatility but it's still easy to buy basic things.
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  2. 🤣
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  3. welfare. this is why you can't simply delete inflation, because it would mean cuts to pensions and healthcare.
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  4. you think average people can fix inflation? what do you want them to do? just buy less stuff and make more stuff? that easy right
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  5.  @Lexicify  public sector may not pay as well but it's incredibly stable work as long as you simply bother to show up every day. don't even need to work really, just attend.
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  6. it hasn't got that much to do with capitalism. you have to remember economics exists regardless of capitalism, even money exists regardless of capitalism. in your bartering commune, inflation could still occur. for example if a fox kills your hens then egg value will quickly inflate. money is simply how we account for value, it's not the value itself. this is why worth and value will always exist and will always be in flux with the rest of life.
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  7. umm but prices went up. how can they afford to pay you more money when they are paying for money to stock their inventory.
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  8. deleting monetary policy and becoming servile to whoever has the most gold mines isn't a good thing for most countries.
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  9. i don't know. how would you adopt it. does it even work? if a country adopted bitcoin, would that inflate the price of bitcoin? do currency users enjoy high volatility? what happens to a country when they give up sovereign currency? maybe you can look into El Salvador, they made bitcoin legal tender a few years ago.
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  10.  @TheFifthBanana01  Capitalism doesn't even apply to what he's saying. for what he said you would only need a government expenditure and a fiat currency. it's a topic of monetary policy.
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  11.  @TheFifthBanana01  no kid im much older than you. when u get hemorrhoids and arthritis u won't be using youth as an insult.
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  12. ur talking about pure capitalism. a government can regulate the price of anything. yes it's 'artificial price' but they still do it.
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  13. nope. u only live as a person because of that industry. you physically die, along with your entire family, once it's removed. but i guess after human population corrects it'll become sustainable after a while. you'll already be long dead by that point though...
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  14.  @eriksaxton3817  honestly most of them. u gotta move to either Japan, Saudi Arabia, Switzerland or China to avoid high inflation.
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  15. because the government doesn't want to pay for your welfare. old people don't produce anything, they only absorb stuff. even if you were wealthy, you would still be draining resources and adding to demand push inflation. think of how tourists can take over roads and airbnb properties, but those tourists never leave and also take up hospital beds.
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  16. surely they dont need to actually get robbed. everyone has phones. no need for coinage. simply use the app to trade, hold and pay. its easy.
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  17.  @Vineeth..v  politicians don't do stuff.
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  18. kind of missing the forest for the trees or whatever saying applies. it's easy to make inflation go up or down but the problem is what you actually cause in the day to day life of your citizens. going by your examples, what might happen if i slash pensions and increase corporate taxes? what if pensions were already low and taxes were already high?
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  19.  @tedcrilly46  how would that increase supply of goods and services? and how do you even adopt another currency...by doing so you would cause hyperinflation of the old currency, meaning you get a bad deal on the exchange. end of the day you're still poor.
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  20. that's just money though. if demand for goods goes up then inflation goes up. if supply of goods goes down then inflation goes up.
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  21. nope you always start at 0. it's a rate not a value or a number of goods. if i make 10 hamburgers one day and 15 the next, i increased my productivity by 50%. it's not about how many hamburgers i have but by the difference between the two points of data. if i made 10 hamburgers both days would you say i increased my productivity by 100%? no you wouldn't.
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  22. what does wealthy country even mean. in 1800s i guess that meant who had the most gold?
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  23. u get both
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  24. why? because the port was cheap?
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  25.  @adammorra3813  im going to flip the bird
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  26. Societies fight back? against who?
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  27. Americans love to make dumb comparisons like this. comparing yourself to the worst countries in that category and saying how good you have it.
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  28.  @brandonyu9602  spending tax money on weapons and ukraine doesn't do anything because it's not crowding out US businesses. it's a waste of money but it doesn't add much to inflation.
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  29. btc to volatile. they need stable currency.
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  30. yeah i guess thats why i keep getting catfished by girls from this country.
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  31.  @asleepawake3645  it's illegal to make a law against it. you can't force someone to buy something. especially a forced buy that would financially sabotage them like buying hyperinflated notes over their market value. we don't need this kind of socialist thinking in america it'll destroy us.
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  32. ink is expensive eh?
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  33. why would the upper class tax their own land.
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  34. lol
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  35. why? most of the money they print goes into welfare.
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  36. how so. any company at any time could be breaking record profits. it's not really a useful comment unless you define it.
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  37. nobody wants it.
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  38. ok but how did the spanish empire even exist then? or is their culture just bad at modern stuff like monetary policy?
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  39. kind of pointless if you don't get paid in bitcoin. the price of bitcoin would just get more expensive each week they get paid in pesos.
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  40. is your dad's daughter single?
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  41. government is not the only entity that can spend. and in some countries governments can produce goods and services. china and KSA produce loads of stuff, which is probably why their inflation is so low.
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  42. lol bartering is so dumb. i dunno some people pretend like it could work...it literally never worked and was the reason why we already used money before jesus was born. bartering is literally stone age economics.
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  43. what do you want them to do? just take a bunch of pills and go to bed permanently? they still need to be alive as humans with a culture and sociability.
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  44. and then what happens? the country is fixed? or did you just move the problems around.
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  45. that's how inflation works. if everyone stopped consuming then you'd have no inflation because there would be no demand pushing prices up.
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  46. money? you mean capitalism? because you could be a land-rich baron who taxes food from your subjects but not actually have a lot of currency or precious metals. i don't think hierarchy needs money. capitalism does need money though.
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  47. the price of some certain items doubled. in general that clearly isn't the case. just look at your bank statement from last year...
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