Isabella Weber: The Economics and Politics of Seller’s Inflation

What if we’re thinking about inflation wrong? Join renowned economist Isabella Weber, Associate Professor of Economics at the University of Massachusetts Amherst for a discussion about the economics and politics of seller’s inflation.
📧 The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight(ish). theaus.in/newsletter
❤️ If you'd like to become a supporter and help us make more videos like this, visit: theaus.in/donateYT

Пікірлер: 15

  • @waynemcmillan5970
    @waynemcmillan59709 ай бұрын

    Thanks to everyone great talk by Dr Weber

  • @w.a.victorlipien6348
    @w.a.victorlipien63487 ай бұрын

    Fantastic analys not only Australians but British should hear it.

  • @simlam58
    @simlam589 ай бұрын

    Why has it been so diffucult to get this message out?

  • @davidwilkie9551
    @davidwilkie95519 ай бұрын

    From observation in/of the lived experience in the context Michael Hudson has explained that events cycle through in history of Civilisations, the problem of inflation is a direct consequence of the anti democratic abuse of power, one person's debt is another person's savings, but fiat currency is an illusion of value that is like air, breathed in - breathed out and continuously recycling in the general ecological environment. Inflation only exists as an aspect of the fossil fuel Military Industrial Complex imposition of the costs of Military Power projection on a population ignorant of their democratic responsibilities. The Calculus of e-Pi-i omnidirectional-dimensional flash-fractal Fusion-Fission Function re-cognition is a Perfect Gas continuity Principle of Singularity-point Lensing Partitioning shell-horizons in thermodynamical real-time Actuality. It may be "weird and mysterious" in economic terms because those who have used knowledge as a "moat" to protect their Military advantage over the people they have been granted responsibility to protect.

  • @SCplayer1000

    @SCplayer1000

    9 ай бұрын

    I think I agree with you but tbh your language is well above my pay grade. I've come to view the monetary system as a game of musical chairs. More people than chairs (money). When the music stops those without a chair pay with their lives in some way.

  • @Aermydach

    @Aermydach

    9 ай бұрын

    Your comment reminds me of the video Technical Jargon Overload - chemdotinfo.

  • @robmusorpheus5640

    @robmusorpheus5640

    9 ай бұрын

    Translation: Very rich people make the poor pay for the wars, and climate destruction, so the rich can grow their wealth and keep this whole dire class-capitalism scam going for a bit longer. Socialism or extinction. Choose. You're welcome.

  • @siliconiusantogramaphantis2122
    @siliconiusantogramaphantis21222 ай бұрын

    She's as intelligent as she is beautiful 😍. I'm in love.

  • @PP-mj2io
    @PP-mj2io9 ай бұрын

    Who funds the Australian Institute?WEF? Overseas corporations?Bill Gates?

  • @leonie563
    @leonie5639 ай бұрын

    It's pretty simple: Post work life cohorts are living beyond 20 years past 50. Some are living to 100+. We haven't budgeted for them and cannot support them in the future. We nedd a new Social Compact that says that somewhere 80 is long enough to live off the National wealth and taxpayers. 80-100+ is bouncing back to you 100%. My Grandparents barely got to 60, my parents boomers 65 and nearly 80 but when you work out that those cohorts retired at 50 and now people live to 90/100. Qu: Should taxpayers carry them from 50 to 100 in an era of 30 years of compulsory superannuation to pay for retirement....yet 65% still line up for Aged Pensions and want 🤑 tax incentives and State Govt Seniors Concessions to keep running....somethings gotta give when women finally choosing motherhood with natural or IVF ate shelling out $10k a pop but seniors get hips, knees, eyes, backs done on bulk bill in $0.00 or worse use private health and it costs all of us.

  • @robmusorpheus5640

    @robmusorpheus5640

    9 ай бұрын

    The profit taking of the rich costs all of us every day. Real human beings in need ought to be the priority, because an economic system is about trying to get the services and goods to those who need them. An economy is not not just a system to generate capital. An economy which does not provide necessary goods and services to the human beings who work to build the wealth, who are the nation, is failing. Billionaires exist at the same time as homeless people. This is failure.

  • @james1098778910

    @james1098778910

    7 ай бұрын

    What a load of bullshit.

  • @ThomasVWorm

    @ThomasVWorm

    7 ай бұрын

    Try to understand economics first. It is not about money but about how big the real output of your economy is. We haven't budgeted that in todays cohorts almost nobody is working in agriculture. About 250 years ago almost everybody was needed to work in agriculture. So many stepping out of it like today would have made almost everybody die from starvation. But as you can see, we are all still alive. The reason is not money.