What is Inflation?
8:01
YouTubeThe School of Life
What is Inflation?
Economists constantly refer to inflation and tend to suggest it is a Very Bad Thing. But why exactly, where does it come from and what could one do to tame it? Enjoying our Youtube videos? Get full access to all our audio content, videos, and thousands of thought-provoking articles, conversation cards and more with The School of Life ...
2M viewsAug 3, 2015
Inflation Explained
Inflation Explained | What is causing inflation? | Why is inflation so high? | How to fix inflation?
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Inflation Explained | What is causing inflation? | Why is inflation so high? | How to fix inflation?
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While the rest of the world battles inflation, China is facing consumer prices that are just too low. Jenni Marsh explains what could happen if Beijing fails to hit the brakes. bloom.bg/3LwcxvF | Bloomberg
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Inflation’s still north of 3% right now and there’s a lot of issues around that. It’s very hard for the Fed to lower rates much more, and there’s a big debate going on about that. With this idea of a 50-year mortgage, if you’re 40, which is the average age of buying a home now, you’re gonna be friggin’ dead before the mortgage is paid off. So you’re never gonna own the house. I don’t like this 50-year idea. You’re gonna pay so much interest to save 200 bucks a month. It’s not a great idea. There
4:08
Inflation’s still north of 3% right now and there’s a lot of issues around that. It’s very hard for the Fed to lower rates much more, and there’s a big debate going on about that. With this idea of a 50-year mortgage, if you’re 40, which is the average age of buying a home now, you’re gonna be friggin’ dead before the mortgage is paid off. So you’re never gonna own the house. I don’t like this 50-year idea. You’re gonna pay so much interest to save 200 bucks a month. It’s not a great idea. There
FacebookKevin O'Leary
1.6K views2 days ago