Recession, Hyperinflation, and Stagflation

Season 1Episode 1310 minOct 30, 2015
Recession, Hyperinflation, and Stagflation
If you're ever put in charge of a national economy, there are a few things you should try to avoid. Before you laugh, just remember, you COULD be in charge of an economy someday. Someone has to do it, and anyway, if it could happen to Alan Greenspan, it could happen to you, too. The first thing you're going to want to avoid is hyperinflation. Don't print too much money, okay? Actually, it's a little more complicated than that. Jacob and Adriene will explain. You're also going to want to stay away from recessions, and especially depressions. In the world as it exists today, continued growth is the only path to viability. While some argue for sustainability or even controlled recession, you're not going to keep a job as head of central bank thinking like that in this day and age. Also, avoid stagflation, which is a stagnant, no-growth economy combined with inflation. It's just the worst. Don't do it. All this and more on this week's Crash Course Economics.
Recession, Hyperinflation, and Stagflation has aired on Oct 30, 2015
Previous EpisodeNext Episode

Trailer

We do not have any trailers for this episode

Recently Updated Shows

Recently updated shows that might be of your interest.
Grantchester
Running

Grantchester

Eavesdropping on the life of Sidney Chambers, a charismatic, charming, crime-fighting clergyman, and his partner in crime Police Inspector Geordie Keating, became a highlight for the audience who revelled in their on screen partnership. Geordie's plain-speaking, down to earth approach to policing complemented Sidney's more gentle technique of coaxing information from witnesses and suspects. Their unlikely pairing became a true friendship as each offered a different insight into the crimes they unravelled.

The Lincoln Lawyer
Running

The Lincoln Lawyer

Mickey Haller, an iconoclastic idealist, runs his law practice out of the back seat of his Lincoln Town Car, as he takes on cases big and small across the expansive city of Los Angeles.

The Ark
Running

The Ark

The Ark takes place 100 years in the future when planetary colonization missions have begun as a necessity to help secure the survival of the human race. The first of these missions on a spacecraft known as Ark One encounters a catastrophic event causing massive destruction and loss of life. With more than a year left to go before reaching their target planet, a lack of life-sustaining supplies and loss of leadership, the remaining crew must become the best versions of themselves to stay on course and survive.

Shrinking
Running

Shrinking

Shrinking follows a grieving therapist who starts to break the rules and tell his clients exactly what he thinks. Ignoring his training and ethics, he finds himself making huge, tumultuous changes to people's lives… including his own.

GenreComedy
Revival
Running

Revival

Revival is set on one miraculous day in rural Wisconsin when the recently deceased suddenly rise from their graves. But this is no zombie story as the "revived" appear and act just like they once were. When local Officer and single mother Dana Cypress is unexpectedly thrown into the center of a brutal murder mystery of her own, she's left to make sense of the chaos amidst a town gripped by fear and confusion where everyone, alive or undead, is a suspect.