Simply Explaining Financial Questions EVERYONE Has

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These are some of the most common financial questions I see people have, and I try to explain them as simply as possible. I hope you learn something and I hope you enjoy!

My complete 60+ page manipulation guide on how to spot and defend manipulation in everyday life:
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👜 Business Mail: everythingprofessor@gmail.com

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Timestamps:
0:00 Why is $1 ≠ £1 ≠ ¥1
1:40 Why Every Country Is in Debt & Who They Owe
3:14 Why Can’t We Just Print More Money
4:39 What Is Bitcoin?
6:11 What If Inflation Goes Negative
7:40 Who Really Pays the Tariffs
9:00 Why Nobody Can Afford a Home Anymore
10:34 Difference Between Trading and Investing
12:11 How Rich People Use Debt to Get Richer
13:34 How Money Laundering Works

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40 COMMENTS

  1. Yes, tariffs reduce demand for goods exported by the producing nation. We pay higher prices (depending upon the elasticity of the demand for those goods) but the exporting country also incurs as cost-at least in the short-run. That cost is increase unemployment- for the exporter-manufacture(s). Again, this cost maybe short-term if the exporting nation finds new markets for the "tariffed" goods. Of course, this can lead to trade (tariff) wars. Great video

  2. How rich people used debt to get richer 12:10 is misleading. It implies they pay little or no tax. The top 1% of wage earners in the US pay between 41% and 46% of all taxes paid by individuals ,depending on the year.They also create jobs for everyone else. Bill Gates started Microsoft in his garage.The company now employees 228,000 people.

  3. The section on tariffs is too simplistic. The end buyer may pay some but not all of the cost.For example if Toyota thinks the tariff on Japan will make their vehicles too expensive in the US, they my lower the price to car dealers to remain competitive. Every company that is affected must make a decision about how much of the cost they can pass along.

  4. The bond described at 2:10 is called a zero coupon bond [get back all the money including interest at the end with no payments in between]. Most bonds pay interest every 6 months and then you get back your original investment at the end [the maturity date].

  5. traders do not panic when the market crashes, all of my highest profit days have come from periods where the market violently sells off. fantastic video regardless

  6. Your tariff analogy is wrong as it promotes foreign countries to build their factories here to offset tariffs, it as incentivizes American companies to invest in their own country instead of going overseas, but you didn’t mention these huge aspects.

  7. My question is Why doesnt govt. Print a lots of money and instead of circulating it in the country ,they increases the import from other countries by giving the money to them and then they get an increased amount of resources of other countries

  8. Tariffs aren't always absorbed by the importer. It's very common for the exporter to absorb the duties and taxes (tariffs) on the behalf of the importer when doing business.

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