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Title: Duck Tales Inflation Lesson

Added: Aug 18, 2007

Author: prattleon

Duration: 4:26

Description:
An episode of Duck Tales dealing with the negative consequences of inflation. for more information visit www.mises.org

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Channel: News

Tags: ron  paul  inflation  economics  freedom  liberty  federal  reserve  counterfeit  money  banking  government  congress  libertarian  bernanke  greenspan  obama  bush 



ron  paul  inflation  economics  freedom  liberty  federal  reserve  counterfeit  money  banking  government  congress  libertarian  bernanke  greenspan  obama  bush 

Youtube Comments: 1354

wolfedog99 Says:

May 4, 2012 - It is a real word actually...

Zimnyification Says:

May 4, 2012 - lol wut the dollar is set to implode if Bernanke doesn't raise interest rates.

TYPHOOMASTER Says:

May 5, 2012 - .... you're right!

wolfedog99 Says:

May 5, 2012 - for the convenience of everyone "The Nickelodeon (AE: nickel = 5¢-coin, Greek: Odeion = roofed over theatre) was a the first permanent exhibition outlet for showing films that was popular from about 1900 to 1914 and drastically altered means of exhibition and habits of viewing films."

IrHupke Says:

May 5, 2012 - Yeah, that's about right. But you're wrong seeing interest rates as something to be fixed by a central bank. Interest rates should be fixed by the market. Since an interest is a price you pay for borrowing money from someone to compensate for him not having the money for a length of time and having the risk of loosing it.And how kan you expect a market (like banking) to work when the prices are fixed by someone with a monopoly?

IrHupke Says:

May 5, 2012 - What's wrong with saving?

zg76 Says:

May 5, 2012 - The only difference is that the Fed has a lot of governments guns to enforce it's counterfeiting!

solojam Says:

May 5, 2012 - u got owned lol

solojam Says:

May 5, 2012 - dont worry big ben will just print more money, your gas will go to $10 per gallon, but don't worry about little things like that

ruachgodol30 Says:

May 6, 2012 - It's crazy how with that inflation the price of fixing 2 cavities is 4 times the amount of a bus ride. A bus ride is about $2.50 so that means fixing cavities is only $10. quite a good price

spyu Says:

May 7, 2012 - This is the stupidest,most overly simplistic thing I have ever seen.

prattleon Says:

May 7, 2012 - thank you for your intelligent and remarkably detailed and insightful comment!

PolititicaBrasil Says:

May 9, 2012 - inflation distorts everything.

juggalotusification Says:

May 19, 2012 - Believe it or not, when I learnt about the federal reserve a few years ago I thought about this episode , and though very simplistic it's true , keep making money out of thin air and it's value decreases. The only two things that have stopped this from happening in America is the greenback being the world reserve currency and being the petrodollar, as soon as countries stop buying oil in u.s. dollars, inflation is gonna go rampant. Ironic that all the countries that were trying to buy or sell o

derek2010x Says:

May 21, 2012 - "Prattelon" responded to your post in a way I agree with. I thought I would add to his reply. The Fed is most definitely engaged in the illegal act of counterfeiting money. Just because a democratic majority has decided to legalize counterfeiting does not negate the theft in the purest sense of the law. So, yes the Fed is legal under US law. What I am saying is that the law itself has been perverted, debauched, and twisted to the ends of counterfeiters. For another example: Think slavery.

laki01 Says:

May 21, 2012 - If US law allows me to kill whomever I like, is it murder? Does law create justice or does it only protect it? If congress passes the law calling Sun a planet, will it become one?

derek2010x Says:

May 21, 2012 - By way of example for concreteness: Imagine the mafia control a city the size of NY. The mafia is so loved by the majority of citizens, say 80%, that they vote in a band of looters to control the money supply and their "role is to print and manage it" as you put it. What about the 20% of New Yorkers that do not agree? The 2 in 10 citizens that do not want the mafia stealing from them, by the endless counterfeiting that letting the mafia run the money supply surely implies?

derek2010x Says:

May 21, 2012 - In other words, what legal right, does a majority have to force "legalized theft" on any minority. This is not like crafting laws against theft or murder. Quite the contrary. It is legalizing theft itself and crowing that it is for the greater good.

derek2010x Says:

May 21, 2012 - My intent in all this was to prove the case that calling it counterfeit money does not weaken the argument but strengthens. It hits much harder because under the poor logic of those "other smart people" you refer to is the truth that they are stealing. Either directly or by aiding and abetting. This whole fiat money system should be an opt in or opt out scenario. Competing currencies would solve this dilemma. Those that believe in fraud for the greater good can stick with Fed notes.

wolfwithdances Says:

May 21, 2012 - Take a deep breath. These are important political issues, but this is a YouTube comment on a cartoon.Merriam Webster defines counterfeit as "made in imitation of something else with intent to deceive". I understand the effect of monetary dilution, but nothing in this is "fraud" or "counterfeit", just economic decisions that affect you and your assets, with which you disagree.If you were in charge of the Fed, would you dismantle it? Go back to gold? Pledge not to increase the money supply?

DevilsCharm37 Says:

May 21, 2012 - HOLY FUCK, THANK YOOOU SO MUCH.

Dutyine Says:

May 21, 2012 - The higher the inflation, the higher the crime rate. Be prepared. It's gonna get a lot worse!

TheHomeless87 Says:

May 22, 2012 - Hey, don't know if someone answered it already, but the "adding of zeros" is a complete different situation because everybody receives proportionally and equally the same amount of "new money" so they just have to adjust prices by increasing the same amount of new zeros. The printin of new money is a problem due the non-neutrality. Few people will get new money without having to produce, getting something for nothing. By the time the new money arrives to the "other side", prices will have risen.

5tristanvm Says:

May 23, 2012 - That will be £40,000 plz addlest the prices havent gone up.!! Lamo

TheFaustianMan Says:

May 24, 2012 - LOL at all the morons who think they're economists because of this episode. If you actually watched the episode, he frees prisoners to clean up the money. Then gets pissed when it doesn't explode. Because now the Beagle Boys, who were poor, are now richer than him. It's about how Scrooge doesn't want anyone being rich. Nice Derp'n.For instance, healthcare costs are still the same in this episode. 40,000 per cavity.

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