by I recently watched a video by Economics Explained about the risk of hyperinflation in the US, but when he referred to Weimar Germany and Zimbabwe, I stopped watching it. In the video below, Macro and Money describe why the US is unlikely to experience hyperinflation.As an economist who studied inflation and monetary policy during his PhD, I was rather confused about one of the latest Economics Explained (EE) videos which makes wild claims and introduces many (seemingly) new theories. So, in this video, I'm checking if EE's claims are at least somewhat grounded in economic theory and not directly contradicted by data.[embedded content]Economist Responds to Hyperinflation is Already Here by @Economics Explained
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I recently watched a video by Economics Explained about the risk of hyperinflation in the US, but when he referred to Weimar Germany and Zimbabwe, I stopped watching it.
In the video below, Macro and Money describe why the US is unlikely to experience hyperinflation.
As an economist who studied inflation and monetary policy during his PhD, I was rather confused about one of the latest Economics Explained (EE) videos which makes wild claims and introduces many (seemingly) new theories. So, in this video, I'm checking if EE's claims are at least somewhat grounded in economic theory and not directly contradicted by data.
Economist Responds to Hyperinflation is Already Here by @Economics Explained