Crash Course Economics
tv show

35 total episodes
-
1 seasons
First Aired July 08, 2015
Genres:
Overview
In which Adriene Hill and Jacob Clifford teach you all about economics.
Inflation and Bubbles and Tulips
Season 1 - Episode 7 - 0h 10m
Air Date
September 12, 2015
Overview
In which Adriene and Jacob teach you about how and why prices rise. Sometimes prices rise as a result of inflation, which is a pretty normal thing for economies to do. We'll talk about how across the board prices rise over time, and how economists track inflation. Bubbles are a pretty normal thing for humans to do. One item, like tulips or beanie babies or houses or tech startups experience a rapid rise in prices. This is often accompanied by speculation, a bunch of outrageous profits, and then a nasty crash when the bubble bursts. People get excited about rising prices, and next thing you know, people are trading their life savings for a tulip bulb.