EconClips
EconClips
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✊🏻 Why not SOCIALISM?
NO to socialism? But why exactly?
Learn Austrian Economics in a fun way!
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Music on CC license:
Kevin MacLeod: Home Base Groove - na licencji Creative Commons Attribution (creativecommons.org/licenses/...)
Źródło: incompetech.com/music/royalty-...
Wykonawca: incompetech.com/
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Econ Clips is an economic blog. Our objective is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, inflation, money, investing, monetary systems, financial markets, financial institutions, cental banks, wealth, financial crises and business cycles. If you want to know how the economy works and understand why it works this way - join us on econclips.com and learn Austrian Economics in a fun way!
Переглядів: 4 525

Відео

What is a bank run and what can cause it?
Переглядів 2,5 тис.9 місяців тому
When the conviction of a bank's insolvency spreads among its customers, there is a bank run and a massive withdrawal of money from the bank. Learn Austrian Economics in a fun way! LINKS BLOG: econclips.com/what-is-a-bank-run-and-what-can-cause-it/ ANIMATIONS: toin.pl/en/ SUPPORT our project: bit.ly/2fgJR9e Visit our website: econclips.com/ Like our Facebook page: bit.ly/1XoU4QV Subscribe to our...
What is WRONG With the Invisible Hand?!
Переглядів 4,5 тис.10 місяців тому
One of the most frequently invoked, but also distorted and misunderstood metaphors in the history of economic thought is the term invisible hand - it deserves more attention. Learn Austrian Economics in a fun way! LINKS BLOG: ANIMATIONS: toin.pl/en/ SUPPORT our project: bit.ly/2fgJR9e Visit our website: econclips.com/ Like our Facebook page: bit.ly/1XoU4QV Subscribe to our UA-cam channel: bit.l...
Trickle-Down Theory - Economic Theory or Political Straw Man?
Переглядів 3,5 тис.10 місяців тому
Trickle-down theory - is it a legitimate economic theory or just a political buzzword? What does it mean? We've got this, just watch! Learn Austrian Economics in a fun way! LINKS BLOG: econclips.com/trickle-down-theory-economic-theory-or-political-straw-man/ ANIMATIONS: toin.pl/en/ SUPPORT our project: bit.ly/2fgJR9e Visit our website: econclips.com/ Like our Facebook page: bit.ly/1XoU4QV Subsc...
Can there be not enough money? Can the amount of money be constant?
Переглядів 3 тис.Рік тому
Can there be not enough money, to prevent it to... be money at all? Can the amount of money be constant? How would non-inflationary money function? Learn Austrian Economics in a fun way! LINKS BLOG: ANIMATIONS: toin.pl/en/ SUPPORT our project: bit.ly/2fgJR9e Visit our website: econclips.com/ Like our Facebook page: bit.ly/1XoU4QV Subscribe to our UA-cam channel: bit.ly/1PrEhxG ★★★★★★★★★★★★★★★★★...
Is poverty hereditary? And what about wealth?
Переглядів 3,4 тис.Рік тому
Is poverty hereditary? Is wealth hereditary? Are the poor getting poorer and the rich richer? Learn Austrian Economics in a fun way! LINKS BLOG: ANIMATIONS: toin.pl/en/ SUPPORT our project: bit.ly/2fgJR9e Visit our website: econclips.com/ Like our Facebook page: bit.ly/1XoU4QV Subscribe to our UA-cam channel: bit.ly/1PrEhxG ★★★★★★★★★★★★★★★★★★★★★★★★★★ Music on CC license: Kevin MacLeod: Home Bas...
2 Richest Countries in the World (per capita) 🇨🇭 🇱🇺
Переглядів 2 тис.Рік тому
Which counties have the highest GDP per capita in the world? What are the causes of this wealth? Learn Austrian Economics in a fun way! LINKS BLOG: econclips.com/2-richest-countries-in-the-world-per-capita-switzerland-luxembourg/ ANIMATIONS: toin.pl/en/ SUPPORT our project: bit.ly/2fgJR9e 00:00 Introduction 00:37 The economy of Switzerland 06:05 The economy of Luxembourg 12:38 Summary Visit our...
🧘 Nirvana Fallacy | Is "better" an enemy of the "good"?
Переглядів 2,1 тис.Рік тому
What is the nirvana fallacy? What the nirvana fallacy has to do with economics? Is "better" an enemy of the "good"? Learn Austrian Economics in a fun way! LINKS BLOG: econclips.com/nirvana-fallacy-is-better-an-enemy-of-the-good/ ANIMATIONS: toin.pl/en/ SUPPORT our project: bit.ly/2fgJR9e Visit our website: econclips.com/ Like our Facebook page: bit.ly/1XoU4QV Subscribe to our UA-cam channel: bi...
🧟 Zombie Companies | Are We Facing "The Zombie Apocalypse"?
Переглядів 4 тис.Рік тому
What are Zombie Companies? Why would anyone finance them? Are the Zombie Companies harmful for the economy? Learn Austrian Economics in a fun way! LINKS BLOG: econclips.com/are-we-facing-a-zombie-apocalypse-zombie-firms/ ANIMATIONS: toin.pl/en/ SUPPORT our project: bit.ly/2fgJR9e Visit our website: econclips.com/ Like our Facebook page: bit.ly/1XoU4QV Subscribe to our UA-cam channel: bit.ly/1Pr...
🦇 The Batman and Public Choice Theory | How to Fight Corruption?
Переглядів 2,1 тис.Рік тому
What is Public Choice Theory and what could it teach us? What is have to do with The Batman? How to fight corruption? Does the fight with single corrupted individuals help? Learn Austrian Economics in a fun way! LINKS BLOG: ANIMATIONS: toin.pl/en/ SUPPORT our project: bit.ly/2fgJR9e Visit our website: econclips.com/ Like our Facebook page: bit.ly/1XoU4QV Subscribe to our UA-cam channel: bit.ly/...
5️⃣ Assets for Protection Against Inflation | How To Protect Your Money From Inflation ?
Переглядів 8 тис.Рік тому
How to protect your money from inflation? Inflation makes our money loose purchasing power. In times of high inflation, cash and bank deposits are not the best places to keep our money. Where to look for alternative? LINKS BLOG: ANIMATIONS: toin.pl/en/ SUPPORT our project: bit.ly/2fgJR9e Visit our website: econclips.com/ Like our Facebook page: bit.ly/1XoU4QV Subscribe to our UA-cam channel: bi...
😱 Central Bank Digital Currency - CBDC | Dangerous Idea?
Переглядів 21 тис.Рік тому
How could platform for Central Bank Digital Currency work? What forms CBDC can take? How CBDC changes economic policies? Is CBDC dangerous? Learn Austrian Economics in a fun way! LINKS BLOG: ANIMATIONS: toin.pl/en/ SUPPORT our project: bit.ly/2fgJR9e Visit our website: econclips.com/ Like our Facebook page: bit.ly/1XoU4QV Subscribe to our UA-cam channel: bit.ly/1PrEhxG ★★★★★★★★★★★★★★★★★★★★★★★★★...
⛓️ Middle Income Trap | Caught in a trap?
Переглядів 6 тис.Рік тому
What is the middle income trap and what is it about? What is responsible for the phenomena referred to as this? In which countries has this phenomenon been observed? Does the concept conflict with reality? Learn Austrian Economics in a fun way! LINKS BLOG: econclips.com/middle-income-trap-caught-in-a-trap/ ANIMATIONS: toin.pl/en/ SUPPORT our project: bit.ly/2fgJR9e Visit our website: econclips....
The Myth of "The Blessings of War"
Переглядів 2,8 тис.Рік тому
The Myth of "The Blessings of War"
💀 Who Is Under The Resource Curse? | 2 Causes of Curse
Переглядів 5 тис.Рік тому
💀 Who Is Under The Resource Curse? | 2 Causes of Curse
3 Poorest Counties in the World | Causes of Poverty
Переглядів 3,8 тис.2 роки тому
3 Poorest Counties in the World | Causes of Poverty
🇷🇺 Russian Sanctions Overview | List of sanctions imposed on Russia
Переглядів 5 тис.2 роки тому
🇷🇺 Russian Sanctions Overview | List of sanctions imposed on Russia
🔻 Is currency depreciation good for exports? | Currency depreciation
Переглядів 4,9 тис.2 роки тому
🔻 Is currency depreciation good for exports? | Currency depreciation
⚠ Are sanctions as effective as WAR?
Переглядів 6 тис.2 роки тому
⚠ Are sanctions as effective as WAR?
🧾 Legislative Inflation - Is There Any Solution?
Переглядів 2,5 тис.2 роки тому
🧾 Legislative Inflation - Is There Any Solution?
💬 Why Economists Disagree? | 2 main reasons
Переглядів 7 тис.2 роки тому
💬 Why Economists Disagree? | 2 main reasons
🎲 Speculation - is it good for the economy?
Переглядів 6 тис.2 роки тому
🎲 Speculation - is it good for the economy?
🎯 The Role of the Entrepreneur | Where Does Profit and Loss Come From?
Переглядів 7 тис.2 роки тому
🎯 The Role of the Entrepreneur | Where Does Profit and Loss Come From?
👑 Who Has The Power on the Market? | Market roles
Переглядів 4,5 тис.2 роки тому
👑 Who Has The Power on the Market? | Market roles
💲 Why Wages Differ Between Countries? | 2 Main Factors
Переглядів 6 тис.2 роки тому
💲 Why Wages Differ Between Countries? | 2 Main Factors
🌐 How can you build a civilization? | Time preference
Переглядів 4,8 тис.2 роки тому
🌐 How can you build a civilization? | Time preference
🔺 Ponzi Scheme and Pyramid Scheme | How to avoid it?
Переглядів 5 тис.2 роки тому
🔺 Ponzi Scheme and Pyramid Scheme | How to avoid it?
👞 How are monopolies formed?
Переглядів 39 тис.3 роки тому
👞 How are monopolies formed?
⚙ Lean Manufacturing | A pursuit of perfection
Переглядів 143 тис.3 роки тому
⚙ Lean Manufacturing | A pursuit of perfection
Why do we need accounting?
Переглядів 49 тис.3 роки тому
Why do we need accounting?

КОМЕНТАРІ

  • @stevehartman1730
    @stevehartman1730 10 годин тому

    Its coming again prepare n learn

  • @Crunchy166
    @Crunchy166 18 годин тому

    Off on a bit of tangent, but this is exactly how we should view body image and beauty in people's bodies. No, fat people aren't beautiful. No, people can't be perfectly beautiful. Doesn't mean we should do away with the ideal, just because we know we can never reach it!

  • @HomeGrown001
    @HomeGrown001 День тому

    None of these examples pay tax. For example Freelance guys 3k is subject to tax, firework guy didnt pay tax on the profit but would have on a savings deposit.

  • @DiegoAguila-rb1gz
    @DiegoAguila-rb1gz 2 дні тому

    Great explanation of the bank run itself, but what causes people to want to withdraw their funds en masse? Why all of the sudden lose confidence in the bank?

  • @richardzimmermann9372
    @richardzimmermann9372 3 дні тому

    Lol. The calculations at [7.49] are ridiculous. As if economists had ever predicted anything correctly to that precision. 2.5C will cost humanity EVERYTHING not 2.9% of GDP.

  • @user-sm4sf4ff2i
    @user-sm4sf4ff2i 6 днів тому

    Cheer~~~exchange (goods or services) for other goods or services without using money.

  • @jimba6486
    @jimba6486 8 днів тому

    What I find in myself as someone who is self deciplined in personal finance is that Austrian economics came naturrally. I can debate anyone on monetary and fiscal policy without looking at data or quoting a bunch of high priests in academic institutions. Economics is not math or science. It is common sense. The world makes sense when you make the intimate connection with how money works in ones own life. Exercising prudence with one's own money, tells you everything you need to know. The masses do not want to be responsible. A nation with 35T debt is a nation of individual debtors. A broke mindset is the prevailing voice in America.

  • @105rogue
    @105rogue 11 днів тому

    Please more videos!!! I use this in the education of my children!!!

  • @TheJed744
    @TheJed744 15 днів тому

    Love the vidoes

  • @robertfrey3880
    @robertfrey3880 15 днів тому

    They are doing all of this now

  • @papiezpp
    @papiezpp 18 днів тому

    This video is full of lies or author of it has no knowledge on the topic. You defined capitalism and socialism wrong. Capitalism is defined only by private ownership of the means of production not, every form of property, socialism makes a distinction between private property (another word for means of production) and personal property which is allowed in socialism. Socialism isnt dinified by planed economy becouse markets can still exist under it (market socialism). 2:42 Ever wonder why SUV is so popular in cities dissipate there impracticality? Because producers manipulated consumers throughout clever marketing. You act here as if consumers choices can't be influenced by producers

  • @thomaskirby6706
    @thomaskirby6706 18 днів тому

    I’ll never look at a pencil the same way again. Great read; makes you think.

  • @austinbyrd4164
    @austinbyrd4164 22 дні тому

    Full reserve banking & why it's good: If all deposits are 100% backed in hard currency by the time it's accessible to depositors & remain so as long as they're accessible, *on-net consumption* - equal to the amount deposited - *is deferred* over the course of the deposit's maturity (whether by the depositor themselves, _the bank, or other investment/lending entities_ [granted the bank lends for a longer term than the deposit/s maturity]). Given that one simple rule, lending intermediaries are free to lend as they wish. Society's not misled into believing they have access to money that's not there in full. There's no risk of bank runs, & thereby no need for a ‘lender of last resort’. There's no inflationary double-spending - thereby cantillon effects, distortions along the capital structure, & heightened societal time preferences. The only risk in banking is whether they lend to sound ventures or not. The only risk to depositors is to those who explicitly lend their money to the bank (time deposits). Deposits immediately accessible would be risk-free (on-demand deposits).

  • @TheWizardGamez
    @TheWizardGamez 22 дні тому

    What’s up with the ksp music in the background?

  • @eyemazed
    @eyemazed Місяць тому

    Why does this shoe company sound exactly like OpenAI?

  • @6lemans10
    @6lemans10 Місяць тому

    Speculators hurt millions of Americans financially.

  • @realtalk7547
    @realtalk7547 Місяць тому

    The poor you will always have with you. If for no other reason that they don’t want to be anything but poor. It’s not a concern that they have.

  • @user-gx7vn7ti9r
    @user-gx7vn7ti9r Місяць тому

    There's more business knowledge in these 7 mins than my entire 3 yrs of univ education.

  • @393boss
    @393boss Місяць тому

    The working poor needs UBI & get the extra money from the crooked energy companies that are GOUGING US. The way crooked energy companies sell us power should be criminal

  • @alvindelosreyes3710
    @alvindelosreyes3710 Місяць тому

    The first hoe. 😂

  • @user-eh9jo9ep5r
    @user-eh9jo9ep5r Місяць тому

    How need to be look like process of sending request for UBI for not have any burocracy. How it need to be renovate each year with inflation. And how need to run from government ideas to limit who can recieve UBI if goes conflict or corruption in internet incrase and become usual cultural way

  • @kevinshee6862
    @kevinshee6862 Місяць тому

    Hong Kong is not a country !

  • @Yuri_471
    @Yuri_471 Місяць тому

    dior in the club take it of in the club🎵

  • @atcdiddly
    @atcdiddly Місяць тому

    I love this!!!

  • @dubyyax5493
    @dubyyax5493 Місяць тому

    The idea of investing a significant sum of money may be both thrilling and intimidating. There seems to be potential for considerable wealth increase with the correct strategy. How can one take advantage of the present market to grow one's retirement savings over time?

    • @taylorgreen5908
      @taylorgreen5908 Місяць тому

      A solid strategy can be a key component of an investor’s portfolio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.

    • @collinsnorman473
      @collinsnorman473 Місяць тому

      Right! I was obliged to hire an investment analyst when my portfolio took a significant hit in April. Since then, she has not only generated a profit of over $460k for me but has also taught me how to do it. Maybe you also need that.

    • @martinbelanger9963
      @martinbelanger9963 Місяць тому

      Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.

    • @collinsnorman473
      @collinsnorman473 Місяць тому

      My advisor,Anna Rounds Fay has been incredibly helpful in assisting me in better understanding profit generation. You can get in touch with her by looking her up online. perfect understanding of the role.

    • @collinsnorman473
      @collinsnorman473 Місяць тому

      There are a lot of independent advisors you might look into. But i work with Anna Rounds Fay and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.. just look her up

  • @sekousmiley9765
    @sekousmiley9765 Місяць тому

    Can you help me with the title or link of the next video he mentioned at the end? I cannot find it.

  • @sekousmiley9765
    @sekousmiley9765 Місяць тому

    When he said at the end of the video "please subscribe" I was like, you don't even need to bother saying that, I subscribe right away. Indeed, This was a very informative video, explained so clearly and concisely.

  • @authenticallysuperficial9874
    @authenticallysuperficial9874 Місяць тому

    The argument about whether or not it would be good for free things to fall out of the sky is fucking retarded. That is not how UBI works. No one is advocating against asking God to give us free things. We're advocating against your lies and theft.

  • @user-bl1yu8ld5f
    @user-bl1yu8ld5f Місяць тому

    The state stepped in and made it all shit

  • @ljb9983
    @ljb9983 Місяць тому

    If you have usury then the usurers end up owning all the stuff and anything they immorally want from people and small children as payment for the debts. That is monopoly.

  • @matthewthomas7824
    @matthewthomas7824 Місяць тому

    Who cleans the toilets when everything is free?

  • @dr.orange1605
    @dr.orange1605 2 місяці тому

    The baseline state of a competitive market without monopolies is deflationary. Human curiosity drives technological innovation, enhancing efficiency. This, combined with consumers constantly seeking "more for less" and entrepreneurs striving to stay competitive, results in deflationary pressures on prices across all sectors. Ultimately, prices should fall to the marginal cost of production. If this premise holds true, I am compelled to question the collective conviction that monetary inflation is a necessary component for a functioning economy. To be more direct, why do we endorse a system where a certain loss in purchasing power, akin to a hidden tax, is deemed essential and undemocratically imposed upon us? Could it be that we find ourselves entangled in a conflicting paradigm? One where the exponential growth of technology, promising efficiency and deflation, clashes with the perceived need for inflation to stave off economic downturns, especially in the face of seemingly unsustainable levels of debt.

  • @ConversionCenters
    @ConversionCenters 2 місяці тому

    Study hard into something that interests you. Learn it well. Look for an opportunity in this area. Find a problem of some form and define a solution. Learn everything you can about the market for this solution....everything. "A mother's work is never done." Refine the solution and bring it to others for feedback, listen. Make your solution better and learn the timing. All of the great entrepreneurs "got the timing right." Look them up. If they had been too early? Failure. If they were late? They would have to battle the incumbents. Possible, but, not as easy as getting the timing right. Get outside investment for your solution and time your market entry. Right? You win. Carlson got the tech for a plain paper copier ready in 1938. The first Xerox copier didn't enter the market until 1959. His royalties in the 60's may have totaled $1.8B and he changed the world. His timing? Not so good I suppose. Henry Ford and Alexander Malcomsen started a car company. There were over 250 of them in 1903, but, they got one thing right....timing. They could not make their new Fords fast enough as there was more than enough sales volume for everybody. The timing was right therefore there production was almost at 100% of capacity thus achieving full efficiency and profitability. Ford was crazy: There weren't any gas stations There weren't any roads, just cart paths. Horses were great everyone loved them. There were 3,200 horse cart/carriage manufacturers in the US. Cars were expensive and broke down a lot and there weren't any mechanics yet. Ford and Malcomsen had the timing right, a good engineer, a good book keeper and, that's right...they had the timing right which makes up for a lot of problems. Ask Bill Gates. Better yet, ask the guys at Sun Microsystems, couldn't build the units fast enough, sold for full price. Anybody who entered the market had to go through Sun....timing.

  • @ConversionCenters
    @ConversionCenters 2 місяці тому

    We live in a system of rewards and punishments...there is nothing any of us can do about it. John sought rewards by initially entering the market. The system in his country allowed him to seek the rewards of building his shoe business. As is true with all "mature industries" the largest are strongest relative to concentrations of capital. They have the ability to capture the regulatory and political systems using this capital. The reason they capture the regulators and the political system? They get rewarded. They could spend billions improving their business and seek rewards in that fashion, but, it is more efficient to buy the regulatory system in order to "manage" their market and assure predictable future profits. The pharmaceutical companies have captured the drug regulatory system because they have the capital to do so and it is an efficient destination for their capital investment. They, sir, get rewarded for doing this. Toyota, Ford, GM and Stellantis are attempting to manage the public's adoption of electric cars. It is expensive to build new factories and abandon established ones. They are managing this "expense" in a myriad of ways including their lobbying power in the government. You can buy a politician for some cash, a battery factory requires taking on $2B to $4B in debt that the corporation must service...but wait...bills were passed that provided federal loan guarantees for these battery factories. The Chinese EV mfrs want to sell their cars in the US and large tariffs are being prepared to assure US consumers can't buy them. The comedy here is that the CCCP in China have been pumping free money into the Chinese EV industry for years. This money was created through bond issuance by the Chinese central bank seeking the rewards gained from having a growing economic engine. If you propose a system that does not provide rewards to the participants? Your system will be unpopular. The old Soviet Union had strong control over all social narratives thus, citizens didn't think waiting three hours for some chicken at a shop and sharing an apartment with three families was that bad. Markets tend to be more efficient for the population, but have their downsides. My friend in the UK told me about the NHS. US average ambulance response time 9 minutes UK average ambulance response time 38 minutes US average passenger train time variable up to 15 minutes 80% of the time (Amtrak is owned by the federal gov't) German passenger trains are on time 89% of the time Amtrak conductors are not rewarded with a bonus for being on time. Many EU passenger train systems reward conductors with a bonus for being on time. Cherry picking examples here as I don't have anything to sell except for this....any system has a good side and a bad side. Any attempt to eliminate "problems" will create new ones. This can be discovered with study on your part. In 1972 a brand new Chevrolet Vega got 30MPG on the highway. In 2022 a brand new Chevrolet Malibu got 32MPG on the highway....50 years later there are no real efficiency gains as oil and automotive industries captured the regulatory apparatus long long ago. Lenin told the soldiers in the trenches "We will end the war." He told the factory workers "we will all own the factories comrade" He told the farmers "you will own your farm." Obama promised "change" Trump promised to make America great again Hope is a powerful tonic and politicians know it.

  • @kimobrien.
    @kimobrien. 2 місяці тому

    Capitalism the unknown ideal. Exactly the idealistic version of capitalism is one that is unknown.

  • @kimobrien.
    @kimobrien. 2 місяці тому

    Its assumes that socialism is just a bureaucratic version of capitalism and capitalism advantage is the smart petty bourgeois entrepreneur. In fact the petty bourgeois entrepreneur is continually driven out of business durring ever capitalist crisis of production. The real advantage to socialism comes from the working people organized as the producers such that the can move about into different industries and take what they learned in one to another. You can incentivise people with things other than money and if you get rid of the exploitative nature of capitalism you create a happier population. If you can draw in more people into working than you can reduce overall hours needed for production .

  • @robertortiz-wilson1588
    @robertortiz-wilson1588 2 місяці тому

    Oh my goodness. THANK. YOU. You don’t know how maddening it is to see this activist political slur being thrown around with complete nonsensical sincerity all the time. From people commenting online, in “news,” to school, and so on. Actually, you probably do absolutely know. You made this excellent video after! Thank you again!!!

  • @micmica1827
    @micmica1827 2 місяці тому

    The background music is very annoying to many people, it distracts the listener

  • @HELLO-ee5ud
    @HELLO-ee5ud 2 місяці тому

    doge

  • @GiaDoan
    @GiaDoan 2 місяці тому

    one way to turn away corporations from working in the states. lots of jobs be gone

  • @Owenhlre
    @Owenhlre 2 місяці тому

    Your state should regulate the insurance companies

  • @brianlogan4243
    @brianlogan4243 2 місяці тому

    I would suggest your research the capital funding on these "othe rich countries" and you would see the truth. European countries pay far more in taxes to subsidize the healthcare. You wait in Canada to be treated for just typical routine procedures in the states. The French system is often seen as the best. Yet it routinely needs additional government funding to stay afloat. Not to mention thse "other rich counties" are half or less the US population. Furtheremore, the American Medical Association Doctors after WW1 eliminated anyone but trained doctores from treating people ie midwives and cut out poor people being able to see non doctors for negotiated prices. Also, they lobbied to have ALL medical conditions fall under insurance coverage. Insurance was then picked up by employers to attract new hires that wasnt taxable. Its called work benefits. The US has a patchwork woven together instead of one overall system and chnaging it from the ground up is nearly impossible. Europe got a hospital plan for morale of the people, the cities were in rubble. My point is there is no system that will cover everyone with quality care, yet be cheap. It just cant be done. Dont get me started on drug pricing and what hospitals charge. The overlooked cost is the huge rise of equipment and technology. X-Ray machines, MRI machines, not to mention the admin staff required in doctors offices need to be paid. There isnt enough profit to cover a visit for a cold that will keep the lights on. Imagine your auto insurance compnay being forced legally to cover oil chnages, brake jobs and and any visit to a repair facility. Im sorry for the ranrt, but I get annoyed when people just say free healthcare for everyone. It shows just naitivity and emotional thinking. Its far more complicated than that.

  • @earlrussell1026
    @earlrussell1026 2 місяці тому

    You must love Jehovah your God with all your heart and with all your soul and with all your mind and with all your strength. You must love your neighbor as yourself. Jesus the Anointed is Lord! Repent and be baptized and believe the Evangelism.

  • @MegaMerlin2011
    @MegaMerlin2011 2 місяці тому

    One thing about UBI that I see is if I can get enough money I can use it to invest and create/buy some small businesses. Right now, I'd love to do all of those things to get out of the gutter, but you need money to make money anymore in this world. If people could get some money to invest with and taught about personal finance and basic investing, I think people could learn good ways to spend their "free" money and pull themselves out of poverty. The main reason why we have poverty isn't just because people are poor. It's also because those same people when given money will go out and buy shit they don't need like depreciating sports cars or junk food from Mcdonalds.

  • @michaeltriptow6877
    @michaeltriptow6877 2 місяці тому

    Amazing content, most people are not going to understand it though.

  • @danny_invadio
    @danny_invadio 2 місяці тому

    xD That guy is the perfect guy to coin the term zombie companies.

  • @jamestomkin8784
    @jamestomkin8784 2 місяці тому

    When the word is trickle that means hardly any! Still waiting or mine 40 years after Reaganomics!

  • @luisduron2722
    @luisduron2722 2 місяці тому

    2024

  • @zyzzyvacation
    @zyzzyvacation 2 місяці тому

    One word: 👉GREED👈

  • @user-cp8gq6pd8i
    @user-cp8gq6pd8i 2 місяці тому

    I was texting 988 (suicide and crisis lifeline) yesterday and got a follow up call today. They said if it continues or gets worse to go to the ER but I can’t afford that… it’s hard to get help when suicide prevention treatment is so expensive.. that’s why ending it is so much easier

    • @EconClips
      @EconClips 2 місяці тому

      hey hey, please don't say that. I'm sure there are solutions to your problems. Don't give up!