Why Quantity Theory of Money is Wrong

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Title	:	Why Quantity Theory of Money is Wrong
Lasting	:	16.46
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Views	:	5,9 rb

so when you print more money aren't you actually clipping the coin to make more coins therefore devaluing the clipped coin?
Comment from : @lindsayepae

M is not just controlled by the Fed Only 6 Local private banks also print money Your assumptions about the definition of M are already wrong Henke the professor at John Hopkins defines it differently It’s simple math No one who understands this formula will argue
Comment from : @toddwolford2021

At 9:25 the question of "What is Money" is questioned The answer to this question is found in the constitution in Article 1 Section 8 Clause 5 and Article 1 Section 10 clause 1 It's gold and silver coin
Comment from : @edbrotherton36

Can you do a video on Paradoxes of Malestroit?? There are none
Comment from : @Alberta1stPodcast

"You can't raise the money supply above demand" WRONG The act of increasing money supply decreases interest rates, which encourages people to use additional money supply Private banks are NOT in the driver seat in this It's the fed since they are controlling interest rates
Comment from : @davidj1395

Not gonna lie, this is definitely a video I had to watch twice
Comment from : @fellowtraveler2251

Why can't it be that the increase in efficiencies via tech is "masking" the inflation?
Comment from : @genosimms8816

They only teach you enough to know the theory but not enough to make you understand why it is there in the first place
Comment from : @KommentarSpaltenKrieger

Friedman HelicoptersPinoch--brYou get the point
Comment from : @isaiahstrong7224

The equation of exchange is not the equation most economists use to model inflation Yes, you find it in intro textbooks, but not graduate level ones Check out Romer's graduate textbooks, for example This equation is a red herring By the way, to make that equation work better, substitute 1/demand for M for V Velocity merely depends on the supply of and demand for money brbrAlso, don't forget to consider that monetary aggregates and interest rates are poor indicators of the stance of monetary policy You have to look at many market indicators, in the context of the future expected path of monetary policy It's all about expectations, rather than what's happening now or happened in the past
Comment from : @Capital_Ideas1

Excellent explanation, but can you provide some references for further reading on this issue?
Comment from : @coliv2

This seems basically like Keynesian economics
Comment from : @elephantwarrior53

aw hell yeah! this is the hard-hitting shit I've been looking for!
Comment from : @thedelta88

i dont see how social justice is bullshit in any way like how some people hare are proclaiming
Comment from : @katiebarber407

Wonderful video Make more about econ :D
Comment from : @DropDStandard11

Shalo er, greetings, go comrade! b*Deposits shekels into your bank account*/b
Comment from : @soldierforchrist631

More more more more
Comment from : @SamJCr50

Off topic, but will you do a video on your criticism of anarchism? You recommended a book by a friend that criticizes anarchism as the "bane of the left", so I'm curious to know what the nature of your criticism is, if it applies to all forms of anarchism, and if it is more than the usual "states are necessary because of human nature" line of argument
Comment from : @ianman6

everyday I watch Jason's idiotic videos the more how intellectually bankrupt Marxism is this is why he cannot understand why Maduro can't fix the economy by statist measures this is the same reason why the eastern block failed
Comment from : @hunchoming

Holy shit So many misconceptions and so much fail
Comment from : @centinel20

THIS is Marxism!
Comment from : @maxbarker5359

Loved this video, very well made and simple to understand Do more like this in addition to your daily news!
Comment from : @marxistleninist161

MONEY IS ILUSION! simple defenition
Comment from : @humanrebel8145

Jason, this is the type of video you should focus on! Your theory videos are the main reason I, and I imagine most people, subscribed
Comment from : @angeloschutte64

Money Supply seems to have little or nothing to do with either inflationary or deflationary spirals - given the value of money is malleable And the value of the money is of course underpinned by resources Take that scene in the film Titanic when Billy Zane offers thousands of dollars to get a berth on a life-boat His money loses all value - his money, as they say, literally 'dies' Now is that down to too much currency sloshing around the Titanic - or a serious shortage of Life boats?
Comment from : @JAMAICADOCK