Home >> Money >> Inflation and Bubbles and Tulips: Crash Course Economics #7 [Video]

Inflation and Bubbles and Tulips: Crash Course Economics #7 [Video]

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.

READ:  Climate Change: What's So Alarming? Charts, statistics and video oh my!

Looking for more great news and commentary from a conservative perpective? Visit our homepage!

About R. Mitchell

Rich Mitchell is the Sr. Managing Editor of Conservative Daily News. His posts may contain opinions that are his own and are not necessarily shared by Anomalous Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and