Fiscal and Monetary Policy explained
Vložit
- čas přidán 1. 09. 2011
- Often conflated, often confused, fiscal and monetary policies take very different approaches to influence the economy. And use two very different departments: the government and the Fed. Paddy Hirsch explains. #MarketplaceAPM #EconomicExplainers
Subscribe to our channel! / marketplacevideos
You make my economics lecturer really boring.
If you were my teacher in my high school I would be financial advisor of my country by now
Brilliant explanation thanks.
Thanks for the easy to understand explanations. Much appreciated.
I'm glad to see you back at the whiteboard. Always enjoyable and informative videos. And of course the pen toss is epic.
@scutter4christ Thanks for the kind words! A lot of people like both formats, so I think we may use both. Let me know what YOU want to know!
The visuals are a big help in remembering the monetary branch: Mr B balding and professorial, and the fiscal branch: Mr G frenetic wild spending.
Excellent, thank you for uploading :) I was your 400th like!
pleas keep going i loved your teaching style
Great explanation! Helped with revision!
That was really gangsta at the end wit the pen throw lol thanks man!
Helpful stuff! Thanks!
0:24 "just the facts maM"
thanks for such wonderful piece of information 💯
2 thumbs up good and reliable content From this host consistently videos recommended.
Crystal clear explanation 👌👌👌
Thanks for that great explanation Sir.
Superb video.
Thanks for this video
So relevant to what's going on right now.
what a great video!
I love the way you explain everything make sense awesome job done explaining in details ignore the negative comments .
very clear
thank you
Thanks. Very based
I really appreciate
u should put "whiteboard" as one of your tags (or in the title) so that your whiteboard videos are easier to find
To be precise: open market operation increases the monetary base not the money supply.
Really helped
Great explanation! Hope your investing in Gold and Silver!
What is the difference between Spending and Debt in 00:34?
Some people say that is not printing money but swap of assets. We are in 2017 and this might be clearer. Maybe that´s why the inflation doesn´t grows as expected.
So is this the official Whiteboard Channel then? Thanks for this Paddy. Now just need to translate that to here in the UK and Europe!!! Hey why not give China and Japan a bash too sometime?
Good work!
Can this be related to the other countries such as England???
Brilliant. Thank you.
In “Occupying Chairlifts” a simple rule tweak on inheritance ends up changing the direction and purpose of modern human life! Here’s a fair way to transition forward to where we’re rewarded for cooperating and creating instead of competing and conquering.
It's something specific we can demand. If this isnt the best answer, at least we’re thinking about what might be. Are we really just this close to having it work right?
Oh yeah, it's a Ski movie! “Occupying Chairlifts” on CZcams!
Two are very different departments which is used by government for profitability.
Fiscal policy is the creation and destruction of dollars via taxation and spending.
Monatery policy is the control of the cost to obtain credit, or put another way, the cost of banking.
Banks, excluding cash, never lend any fraction of reserves to their members. They only lend monetized bank credit.
Monatery policy changes the form of the government's liabilities, not the quantity. Moving a balance from a securities account to a reserve account does not change the quantity of government liabilities. Monatery policy is not in any way printing money.
What's with the hand held camera?
Great explanation!
What's a Q.E again?
u hv md Economics very simple
:):) thanks!
Hello less scary of Liam Neeson ;)
@Reggie Cyde Your comment deserves recognition! Hahaha
oooh, I just realised they're identical lol
lookin for igcse economics revision materials and ended up here...
why the shaking camera?
Jeff Jones I need a drink. badly.
Pol
Lol
Where are u now, Paddi?
According to Aaron Russo, in his doc freedom to fascism, the income tax goes to the FED, isn't that right?
What's Q.E again ~?
+Yahya Jay Quantitative easing...
Just started the day, saw this video...Mr. G..Oh God No!! So I am starting the day now, badly needing a drink!!
Hello from 2020
Hello my old friend
Easy money
Sounds like a Ron Paul campaign video. lol
Uncle Bernanke confessed that he was a branch of the government.
you can tell he wanted to draw an irish racehorse for an example
We could drive down the living standards of ordinary working people to subsistence levels (or less!) and then get them to all blame each other for the problems. I.e. People on benefits,migrant workers, black people, public sector workers, pensioners etc. etc.
That way the only people that REALLY matter can keep their vast wealth, and the system can keep on working... working for the super-rich.
Sounds wonderful ...(yawn... wakes up...)
Oh, hang on, I'm not a billionaire after all.
Shit!
just bring on the CRASH because 99.9 % people don't no this
kindasamewhat
Monetary policy is a load of crap. How about if you have real money: gold/silver/copper then you can buy stuff. None of this fake moneythat is really debt or whatever bull.