How to Make a Bad Economy WORSE
Channel: Common Sense Soapbox
Date: 01/03/2022

Our intrepid heroes have found that thanks to Ron's lockdown, their economy has gone from bad to worse, but as usual the man in charge is focused on one solution: Creating more money.

Unfortunately, creating more money isn't the same thing as creating more goods & service, and now the island is suffering from hyperinflation.

As it happens, there are a lot of people in the real world who think that more money is always the answer as well. Check out some of the links in the description to find out why that's not such a good idea.
______________________________
CREDITS: 
Written by Seamus Coughlin & Sean W. Malone
Research by Tyler Brandt
Produced & Edited by Sean W. Malone

Storyboards By:
Sarjex
Caleb Black

Animation By:
Seamus Coughlin
Jaime Velasquez
Caleb Black
Amazil
______________________________
LINKS:
https://youtu.be/y0gGyeA-8C4
https://www.fte.org/teachers/teacher-resources/lesson-plans/rslessons/the-magic-of-markets-trade-creates-wealth/
https://www.econlib.org/library/Enc/MoneySupply.html
https://www.econlib.org/library/Topics/College/inflation.html
https://fee.org/articles/the-causes-of-inflation/
https://fee.org/articles/inflation/
https://fee.org/articles/inflation-in-one-page/
https://www.nytimes.com/2021/10/18/business/economy/fed-inflation-stimulus-biden.html
https://mises.org/library/how-all-extra-stimulus-money-could-lead-price-inflation

MMT:
https://www.investopedia.com/modern-monetary-theory-mmt-4588060
https://fee.org/articles/modern-monetary-theory-isnt-economics/
https://fee.org/articles/modern-monetary-theory-is-a-recipe-for-hyperinflation/