Sal Khan for President! Thank you God for Sal’s business videos!
@RickyRoro77710 жыл бұрын
Now that we are very nearly back to 80% capacity utilization, I would really like to see an updated economic analysis. Thanks for the clear and concise explanations.
@ianwilmoth12 жыл бұрын
This guy's powerpoint style is totally nuts. Fortunately he is very well spoken. If I just saw the picture I'd think this was the work of an utter loon.
@abhinavitsmebellamy5 жыл бұрын
Really well explained. Thank you!!
@thecubemaster15 жыл бұрын
Thanks Sal!
@torchyboy114 жыл бұрын
I really enjoy all of Kahn's down-to-earth educational videos, both for learning new things as well as brushing up on things I've ...we'll, majored in...I would like to add that in my opinion, any stimulus should be directed to the middle and lower classes that have a lower propensity to save, but contribute to a huge velocity in money. This added demand will enrich all, factory owners and workers, say, and with less borrowing, create the means for saving. Okay, okay, I'll run your country!.
@machib7710 жыл бұрын
Can you make a video about how to estimate capacity utilization? It would be really helpful. Thank you.
@Lucky7wins15 жыл бұрын
i have not even seen this video....but i can already say....keep up the explanations. p.s great job at explaining what the toxic asset buy out will do.
@BennoTheDutch12 жыл бұрын
I have a few questions (not specifically for Khan but also the YT community), but first of all: I am not of the opinion that creating deflation is good for the economy. What is your viewpoint on 'natural deflation'? (where natural deflation is a declining CPI due to innovation & research) Sometimes I hear a stable inflation of 2-3% and some say even 8% is good. Does a stable inflation rate of 2-3% really benefit the people and not just the first receivers of the money?
@alonelychild14 жыл бұрын
Hyper-inflation concept for me is when currency looses its transaction capacity, when people start to trade real goods instead. That can be avoided by indexation, or inflation hedging upon daily indexes
@DonkeyGuy311 жыл бұрын
Thank you sal
@Durchbrechen15 жыл бұрын
oustanding !!!! Thank you very much
@BigBruddah10115 жыл бұрын
Insightful stuff for sure.
@tianya138915 жыл бұрын
One factor should be considered is the reserve currency role of US dollar. Right now the debate on this has become more popular. What if most other countries lost confidence on US$? I do believe that the whole world has to be considered when discussing inflation since it is the world currency.
@mosullivan51115 жыл бұрын
Good Video. The bigger potential currency event that is coming is when we have to continually increasing demands to bailout the derivatives market and Foreign countries stop buying our debt at which time we monetize, which has already began. That could be much greater than the stimulus and is the real threat those concerned with hyper infla are concerned about
@DonkeyGuy311 жыл бұрын
The next few year are over sal! NOW WHAT!
@sparc515 жыл бұрын
that's the next stage of the crisis, not what is happening presently. They can raise taxes, increase the reserve requirements, or even increase interest rates to combat this. The exchange rates and capital flows however are something of another story.
@thoughtchallenge15 жыл бұрын
The stock market bubbles and the savings decline coincide with the advent of 401K plans. 401K plans began Jan. 1 1980. 401K plans tend to be blind shotgun approach to investing, worst yet it's difficult to take your money out. The next bubble is just beginning. Most people haven't a clue what the P/E ratios, Market Cap, or market share of the stocks they are buying. They just see a statement every 3-6 months. and call that savings.
@sparc515 жыл бұрын
government deficits = private sector surpluses. As in the great depression, people's balance sheets were repaired, they were able to save without decreasing GDP (paradox of thrift), and so after the war, americans found themselves in a much better position to spend. It wasn't only an export lead recovery, it was strong domestic demand also.
@IBMua12 жыл бұрын
Pitty it's in such a poor resolution =((
@econguy8715 жыл бұрын
which category does this video fall under in the playlist?
@ChiragSonne2 ай бұрын
When Barack Obama was President of United States he was really nice and remarkable black president! 🖤
@MrVxtay14 жыл бұрын
great
@sparc515 жыл бұрын
Mouljran, the money supply changes aren't the only cause of inflation. You have to look at velocity of money also, as well as many other factors. For example if guys like you hoard gold, the price of it will rise (inflate) regardless of money supply. For a very good document examining the various theories of inflation do a google search for Causes of Inflation in Turkey: A Literature Survey with Special Reference to Theories of Inflation
@alonelychild14 жыл бұрын
@30percentplusreturns Yes, that is correct. But bear in mind that private credit is also money creation. As matter of fact there are 800 trillions of dollars around in CDSs. The capacity of government to create money, compared to the private banking is minimal.
@latewire15 жыл бұрын
Inflation is one thing, but what about creating yet another credit bubble and lengthening the recession? And what about Bernanke printing trillions of dollars? Isn't that significant?
@dougo68834 жыл бұрын
where can you find current capacity utilization numbers/graph? im referring to graph shown at 7:23.
@knottednoodles14 жыл бұрын
i very much enjoy these videos. a question: if investment instruments have swollen the annual liquidity reserves used for speculation to over 8 times the annual global gdp, and most of the losses left to occur have to hit that sector, does that have any effect on where the stimulus is actually going.
@tommydhammer11 жыл бұрын
The one thing the stimulus package has not done is stimulate the economy. Prior to the bailout money to the banks, the banks were lending more money than they were afterwards, the speed at which money circulated in the economy fell to the lowest level in 50 years and investment in businesses fell by over 25% AFTER the stimulus.
@sparc515 жыл бұрын
People are saving more/buying less these days pressuring companies to lower their prices in order to sell. Secondly, the amount of credit money flowing in dramatically decreased, and so far the fed hasn't printed enough money to cause hyperinflation at current lending levels. Theoretically the fed could cause hyperinflation should they choose pay for gov spending with printed money, or freak people out that they will do that people will buy fearing inflation comes instead of save prices rise
@MrFredGSanford15 жыл бұрын
No savings? What about the people that maxed out their 401k's every paycheck? Is that not considered "saving"?
@Durchbrechen15 жыл бұрын
> hat will increase the value of the dollar and is nessecary since the 80's. Now I understand better Hugh Hendry's point. He forsee deflation with a dollar rally, and he's bear on all other assets. I didn't get precisely his reasoning till now.
@mikehershey3215 жыл бұрын
No. The value in the dollar is based off how much it can buy which is based off CPI. The point this guy is making is that if you print 1000 trillion dollars it won't effect anything as long as the money is locked in safe or someones mattress where it is not circulating. The added currency will not effect anything until people start using it. The % of capacity used increasing will indicate people are starting to spent their dollar, and would lead to inflation which he is worried about.
@jgposner15 жыл бұрын
So, you said capacity utilization is at 80% and demand drops. The US will then print more dollars to increase demand to keep us our capacity utilization up. But didn't you say it was the worlds capacity utilization. Wouldn't it present a problem is the US is the only one printing money. Wouldn't it be better if the whole world printed money together so we won't have to be the only ones going into debt? Does this make sense?
@alonelychild14 жыл бұрын
Khanacademy, what do you think would happen if the current bubble the FED is creating has to be burst by a shof of interests a la Paul Vocker? 20 somethint percentage year on short-term debt? To the real economy, taking into consideration the debased industrial base of US, the debt addiction and net interest costs in budget? Do you think a sovereign default is possible in the next 10 years?
@alonelychild14 жыл бұрын
If I am not very much mistaken, during the Great Depression and WWII the Gold Standart was abandoned
@kaberle713 жыл бұрын
Nixon baby
@Haliotro13 жыл бұрын
Ron Paul 2012... our only hope of fixing the economy
@christianwong50685 жыл бұрын
Haliotro 2019?
@Sproge15 жыл бұрын
YES! The natural thing for people to do is save! That will increase the value of the dollar and is nessecary since the 80's. Bringing back the savings rate to 10% would be GREAT, however, the government KEEPS spending! How will that effect the dollar? Negatively! The government is devaluing the dollar with all this spending! Sure, we won't have hyperinflation now, but we will as soon as people start dumping the dollar because they'll see americans never pay back or save the money we've borrowed.
@ThePeterDislikeShow12 жыл бұрын
How can you expect people to save when you rob them of 10-15% of their savings each year?
@cesarvialpando39332 жыл бұрын
Why the saving rate has to reach 10% when people cant borrow anymore?
@ThePeterDislikeShow14 жыл бұрын
The problem is the weak dollar is discouraging people to save. I think this video missed this root cause.
@alonelychild14 жыл бұрын
What is your name narrator of khanacademy?
@samsteers85044 жыл бұрын
Just blank out the inception of the FED and the financial crisis' that followed in the 20th century, and also the fact that the gold standard was being used properly since the 19th century not just 70 years ago.
@kimyoohyeon6 жыл бұрын
0:43
@DonkeyGuy311 жыл бұрын
Sal it is almost at 80! Now what?
@grimshawr15 жыл бұрын
Why don't you work for CNBC and teach America how to fix itself? We crave satisfactory explanations of what is going on! WE CRAVE IT I SAY!!!!
@Lucky7wins15 жыл бұрын
maybe we had the worse inflation when we were on the gold standard, but remember that the President took all the gold from the american people, so infaltion was not measured with gold even though we had the gold standard. If the US people had their gold, inflation would have not been a problem.
@cyndeetrek14 жыл бұрын
I could fix this economy, but my explanation and reasoning took 1553 characters. Guess we'll never know.
@XESTISS13 жыл бұрын
@30percentplusreturns That is because you do not understand economics. That's why you don't buy it. Keep learning from Sal.
@ThePeterDislikeShow12 жыл бұрын
people aren't saving because our dollar doesn't hold value. 1985 --- PLAZA ACCORD! Forced dollar devaluation.
@Zander10108413 жыл бұрын
VOTE KHAN FOR PRESIDENT IN 2012!!!
@eddycurrent8515 жыл бұрын
and u have a bachelor of arts from art history or something?
@stellaconcepts15 жыл бұрын
Khan, You need to understand that when the dollar is dumped from reserve banks around the world, and the debt obligations of the US become exponetially increasing, that hyperinflation will set in. its not about whether people save or not, or nomial prices of goods - the world banks will set their USD into the market - hyperinflation... that happens when no-one wants USD - this isn't a normal economical cycle... thats the problem with these vids your doing.. its based on a normal contraction
@xxbondsxx14 жыл бұрын
@alonelychild Sal Khan
@BigDeanoSyd15 жыл бұрын
Keynes was one of the great geniuses of our modern age....YOU are not!
@randomdude5615 жыл бұрын
ʇxǝʇ uʍop-ǝpısdn uı ǝʌǝılǝq ʇuop ı
@libertyplayground15 жыл бұрын
This is so much Keynesian BS Learn some capital structure theory - you are treating GDP and capital as some big homogenous blob.