Home / Series / Crash Course Economics / Aired Order / Season 1 / Episode 7

Inflation and Bubbles and Tulips

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.

English
  • Originally Aired September 12, 2015
  • Runtime 10 minutes
  • Network YouTube
  • Created September 17, 2017 by
    Administrator admin
  • Modified September 17, 2017 by
    Administrator admin