Why not everyone in the US likes stimulus checks

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Vox

2 महीने पहले

And why the US wants inflation. Explained by fish.

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The US government has sent checks to millions of Americans during the economic crisis caused by the pandemic. But some economists are concerned that all that government spending could lead to inflation. If everyone suddenly has $1,200 more to spend, what will that do to the economy? Will it lead to prices going up, and money losing its value?

But the consensus among most economists, including those in charge of steering the US economy, is that we actually want some inflation. And to understand why, it helps to think of the US economy as a fish tank.

Read more about inflation on Vox.com:
www.vox.com/policy-and-politi...

And more about the "Sahm rule" to send out checks automatically at the start of a recession:
www.vox.com/future-perfect/20...

Note: The headline on this video has been updated.
Previous headline: Why the US wants inflation

Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out www.vox.com .

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टिप्पणियाँ
Vox
Vox 2 महीने पहले
We answered your 9 biggest questions around inflation on Vox. Read it here: bit.ly/3eD6Rgi
Toxic Aristotle
Toxic Aristotle 2 दिन पहले
you mean, you made it more complicated so you can push your agenda?
ClerklyMantis
ClerklyMantis महीने पहले
@Bob Lee There are multiple economists of the highest class that say what Biden is doing is not causing massive inflation, if anything, it's serving to help cushion the impact a little. The massive inflation is due to Trump's delayed response to covid, if you're really looking to blame a person.
Bob Lee
Bob Lee महीने पहले
You guys voted for this, embrace the inflation you clowns
Alanoud
Alanoud महीने पहले
حج
Alanoud
Alanoud महीने पहले
ح
Tumisho Ramodisa
Tumisho Ramodisa 3 घंटे पहले
4:30 more spending has nothing to do with economic growth. Vox totally ignores the production side. You can’t consume what you don’t produce. It’s no surprise that modern day economists falsely believe that higher GDP(spending) = healthier economy.
Star masterc
Star masterc 22 घंटे पहले
Vox loves Keynesian economics. Plot twist, they never worked.
Truett Edgell
Truett Edgell दिन पहले
I feel bad for the people who don't understand inflation and were misled by this terrible video. The analogy doesn't work and most of the information is incorrect anyway.
福求
福求 दिन पहले
Isn’t larry summers one of the people that caused the 2008 recession? At this point whatever he says should be taken with a grain of salt. He is the one that told presidents to deregulate a lot of stuff just so that his wallet would be bigger!
timmy chang
timmy chang दिन पहले
Vox, surely you are not ignorant about inflation and at least try to explain what cause inflation. One, inflation erodes your purchasing power. Lastly, inflation is directly link to giving out free printing money. Thats it, tell true truth. All the mumble jumble about how much and who gets the money is explaining something in a false narrative. The fish tank analogy is a perfect example of a false narrative. Vox is purposely trying to hoodwink those having doubts about printing free money. Putting out a cartoon with a simple message by telling you giving out free money has a positive economic effect. They basically use connect the dots to explain some graphs that may or may not be factual, though facts r not essential to the video. Video shrewdly deploy pro and cons so to appeared some deep scientific thoughts took place. Though y even deep thoughts matter because vox is recklessly n falsely defines inflation. So even if every point on target within the video are true, y would the video matter when pertaining to non fiction.
Richard Shipe
Richard Shipe दिन पहले
Another vox attempt at economics. Can't you guys run this by Matthew Yglesias or at least hire some poor econ grad student before publishing?
Naga Rajan
Naga Rajan दिन पहले
Inflation steals money from the poor. Vox forget to explain that inflation remove value of the saved money that will discourage savings...Also, it discourages people to work for some period
Logic King
Logic King 2 दिन पहले
Vox is confusing the number of dollars with the purchasing power of dollars. And you know what group of people get affected the most when inflation happens? The poor and underclass. Please Vox.
Mean Bean Comedy
Mean Bean Comedy 2 दिन पहले
Sheesh, this is atrocious!
Someone s
Someone s 2 दिन पहले
Extremely dishonest, they continuously say "economists," say X, when they should be saying SOME economists from one school of thought say this, conveniently the one that vox supports
Ondřej Paul
Ondřej Paul 2 दिन पहले
This makes zero sense. If fish tank is amount of money in economy, then not spending doesn't remove the money from economy. You just don't spend them. So the fish tank should stay equally filled and there being less water is wrong. Analogy doesn't hold up to a point that I start doubting whether you know what inflation is.
dwm1812
dwm1812 2 दिन पहले
Thank the gods for Learn Liberty who corrected all the wrong information on this video. Whew! I mean it isn't the water level going down that is the issue - the water stays the same - when government pours more water then .... well, you get the point. Nice try Vox.
Dreadnought
Dreadnought 2 दिन पहले
When you are utterly clueless about a subject you probably should not make a video in which you claim to explain it.
sanjeev v
sanjeev v 3 दिन पहले
This qualifies for a pseudo intellectual's misinformation. Please don't believe that inflation works this way.
Mahser atokpas
Mahser atokpas 3 दिन पहले
This is the worst way to describe inflation who are literally eager to know inflation with no economic background.
avarmauk
avarmauk 3 दिन पहले
Did she say fish unemployment is low? I bet fish crime is on the rise too
Neelesh Gupta
Neelesh Gupta 3 दिन पहले
Lol, complete lol. I can’t stop laughing. Completely utterly wrong about inflation. This is the perfect example of how not to explain anything.
Brendan Bruno
Brendan Bruno 3 दिन पहले
Vox should really take this video down. It does more harm than good and is so wrong in so many ways that it is in Vox's best journalistic interest to remove it
Immanuel T
Immanuel T 3 दिन पहले
If this video is confusing to you, you should probably watch Learn Liberty's reply to it. It explains what inflation is much better tbh
Rex Juggler
Rex Juggler 3 दिन पहले
Free money. Come and get it. Find the INcds - "Batman - Joker poison Gotham" and watch it and you'll get the idea how goofy and dishonest this Vox video is. It just has a better veneer of "intellectual" cover, but it's still garbage. Fish Tank, Crock Pot, same thing...
Avidcomp
Avidcomp 3 दिन पहले
Money is a tool of exchange that only has real value if it has come about by wealth creation. That is from productive value from the efforts of the market place. If it’s just created out of nothing it just dilutes the real value of money.
Noname K
Noname K 3 दिन पहले
Vox seems like they're filled with people who are below average when it comes to intelligence but because they were told they were very special and smart while growing up now think they are experts in everything, including economics. Which is why we get to hear about how fish driving cars sometimes need more water if they're not spending. lol.
LibertarianTV
LibertarianTV 3 दिन पहले
You know that savings don't just evaporate or aren't just kept in a safe but are actually used to finance loans and therefore often productive investments, helping to grow the economy and create jobs, right ?
LibertarianTV
LibertarianTV 3 दिन पहले
I have a master degree in economics and finance, your analogy doesn't make any sense at all.
Try Findme
Try Findme 3 दिन पहले
Please 🙏 back to school and learn about inflation. Sorry but you are wrong.
Levent Asanoski
Levent Asanoski 3 दिन पहले
What an awful bunch of lies in this video. :-/ disgraceful economics is what this video is
Neverdone
Neverdone 3 दिन पहले
This entire video is wrong on many levels and ways i dont even know where to begin!?!?!?!?
Siny Sagna
Siny Sagna 4 दिन पहले
this video is so bad haha
Mark Thompson
Mark Thompson 6 दिन पहले
Bitcoin is the beginning of something great a currency without a government,something necessary and imperative.
Anal Commando
Anal Commando 3 दिन पहले
Crypto is just another avenue for those that have to exploit those who dont have. And its 2021 - arguments that "duhhh gubberment is bad" don't have the same weight as they did 15 years ago.
Mark Thompson
Mark Thompson 6 दिन पहले
@investor_Gloria
Mark Thompson
Mark Thompson 6 दिन पहले
She’s available on telegram with the below username
BARISERE KPAAMA
BARISERE KPAAMA 6 दिन पहले
Since I started trading I keep loosing I almost decided never to trade anymore what should I do now?
Kate Joham
Kate Joham 6 दिन पहले
Gloria has been trading for me and I’m making much much money 💰 with her platform
Chang Le
Chang Le 15 दिन पहले
Showed this to my fish. They seemed confused by it too.
Liam
Liam 16 दिन पहले
This video will age like a bag of spinach
Michael Jerry
Michael Jerry 16 दिन पहले
You’re definitely a life saver Maskoffweb, on youtube the 3BTC hit my wallet account few minutes ago I’m so much excited
Michael Jerry
Michael Jerry 16 दिन पहले
You’re definitely a life saver maskoffweb on youtube the 3BTC hit my wallet account few minutes ago I’m so much excited
BrixItz
BrixItz 19 दिन पहले
what
Nicholas Lettiere
Nicholas Lettiere 19 दिन पहले
"You can see here that people's bank account balances went up with the stimulus checks, and down as they spent them". That's how it works...
David Kinoti
David Kinoti 20 दिन पहले
Wait! Why is the water reducing during a recession
Rohan Kommuri
Rohan Kommuri 21 दिन पहले
Well this video aged well
Dylan Keller
Dylan Keller 21 दिन पहले
id spend my money on a phish concert too
patricia campbell
patricia campbell 23 दिन पहले
Instead of auto stimulus, what about universal basic income?
A-10 Warthog
A-10 Warthog 9 दिन पहले
Because if someone who works hard gets paid the same as someone who doesn’t work as hard you will have a problem. You pay someone based on how important their job is like what we do here in the US. Someone who makes burgers shouldn’t make the same amount as someone who designs Space X’s raptor engines.
Ziya Çerezci
Ziya Çerezci 22 दिन पहले
What about moneyless virtual space communism
Overjoyed Moose
Overjoyed Moose 23 दिन पहले
How is the US going more than 5 billion fall or in debt “not enough”
Saitama Dec
Saitama Dec 23 दिन पहले
How the economic machine works - Ray Dalio Better analogy
Rajashekar Revanuru
Rajashekar Revanuru 26 दिन पहले
Inflation is at 5% now. It's happening!!!
Emily Anderson
Emily Anderson 26 दिन पहले
I find interesting that they don’t discuss what most people spent the stimulus checks on and that’s impact on inflation. That seems the most likely reason why inflation should not be as much a concern - that money was used to catch up on things (rent, bills, etc) for most Americans - money they should have had and put into the economy - so is it really extra? Just thinking out loud….
Subrahmanyan V Ravi Shankar
Subrahmanyan V Ravi Shankar 27 दिन पहले
overflowing happens if no productivity and just consumption
mickey9409
mickey9409 29 दिन पहले
I was dead about to un-subscribe if I didn't watch this whole video. Also for some there's barely an increase in wages, there are a lot of people making minimum wage and that had barely inched annually.
LG
LG महीने पहले
No, that´s not how inflation works.
Radek Truhlář
Radek Truhlář महीने पहले
Imagine, socialists talking about economy
Radek Truhlář
Radek Truhlář महीने पहले
@Mario U. I'm one of the laissez faire guys, so... this is like heavy socialism for me :D
Mario U.
Mario U. महीने पहले
what??
Brandon Cook
Brandon Cook महीने पहले
Wal-Mart has it all wrong with there slogan "always low prices" obviously they need to bring those prices up a few percent every year... yea right, wake up people.
Katlego Ndima
Katlego Ndima महीने पहले
Lol. Thought I was the only one who NOW doesn't understand how inflation works after that fish analogy. Came to the comments and whew... *insert SpongeBob relieved me*
Star masterc
Star masterc महीने पहले
Money printing above actual demand = Inflation That is how i resumed the convoluted explanation.
Lil Bluey
Lil Bluey महीने पहले
we literally saw the fish using coins as currency so why is it water. also if they want 2% inflation, shouldn't it at some point overflow if the tank is a set size. bruh, this is so confusing.
Lil Bluey
Lil Bluey महीने पहले
@Star masterc ohh okay thank you!
Star masterc
Star masterc महीने पहले
Inflation should be close to 0% per year like in Germany and the UK, not 2%.
Jon Davey
Jon Davey महीने पहले
Phish concert. I see what you did there. ✌️
T Lala
T Lala महीने पहले
I feel horrible for anyone that turns to Vox for information. It is AWFUL.
dwm1812
dwm1812 2 दिन पहले
This vid is pretty bad!
DonnaTheHag *
DonnaTheHag * महीने पहले
And what if you’re wrong? 🌝
Unlucky Clock
Unlucky Clock महीने पहले
i cant even. why are you trying to defend inflation. please try to describe hyper inflation. good video BTW but with margins and my investment bottom line at risk. it just dose not make sense. :)
Scooby Doo
Scooby Doo महीने पहले
Christ sake. Who decided that fish tank analog was a good one? Go check his or her drawer for acid.
Gren Neil
Gren Neil महीने पहले
This didn't age well
Nitya Sharma
Nitya Sharma महीने पहले
Usually like ur videos, but this was too complicated.
Wes
Wes महीने पहले
Imagine that people are like fish, and that the water is like money, but also that the fish spend money for goods and services like fish mortgages, which is represented by coins and not water.
Henry Lim
Henry Lim महीने पहले
I understood the concept of inflation, but after watching this fish tank analogy I no longer understand inflation.
William Walker
William Walker महीने पहले
Ah, the good ol' fish tank analogy! Hopefully, the fish tank doesn't run out of water, lol. Let's just put it this way. Printing more money causes inflation. So, store owners and others, have to raise their prices to adjust for inflation. Where supply meets demand, that's called the equilateral price. That's the price you see on the shelf at the supermarket. The more money that's put into the economy, the more chances you have of inflation. There is s way to balance this all out. The production of more goods and services to meet the injection of more money into the economy, usually helps to straighten things out in the long run.
SuperGorli
SuperGorli महीने पहले
ah yes, inflation, the one thing the rich have to worry about. Its literally the best thing that could happen to me. It would literally solve every single problem I have. Come at me inflation, i will embrace you!
YTSynn YT
YTSynn YT महीने पहले
The rich pay no taxes so if the government is creating money instead of shifting already available money of course you will get inflation. Tax the rich folks, tax the rich, tax the rich, tax the rich.
Bob Lee
Bob Lee महीने पहले
Deliberately trying to confuse the public
Theodor D.
Theodor D. महीने पहले
Bad analogy. Does fish care about overflown tank? No. More water is good for fish but the same doesn't apply to money.
David Brown
David Brown महीने पहले
This video just concentrates on the stimulus checks. The president has been effective in distracting the public from the true content of the bills they have passed and want to pass. The 1.9 trillion dollar "relief" package only consisted or about 300 billion in stimulus checks. There is still 1.6 trillion more dollars there. If it was just the 300 billion, perhaps it would not scare people so much. Now, when someone completely unhinged from reality comes out and says, I propose a budget of 6 trillion dollars, you'd better be scared. It's basically someone saying...I want a bazillion dollars...its going to jack up the economy. Please don't just look at the...we're giving you free money...and be blinded from the other larger spending the govt is doing to help the people they consider more important than the poor.
Logan Green
Logan Green महीने पहले
Taking peoples money and paying it back when they don't work? Who would have thought.
Sergio Castillo Calle
Sergio Castillo Calle महीने पहले
A little bit tricky metaphor to explain inflation. Nevertheless, stimulus checks are becoming more popular in Chile (my country) where we've watched how prices arise rapidly as the government gives more over and over again. In short term, it's a good policy, but in long term the efforts should be focused on investment and estimulating employement.
Cathie Leah
Cathie Leah महीने पहले
i will forever be grateful to mercerjoan09 on !nsta for helping me and my family with the stimulus check
Clark Kevin
Clark Kevin महीने पहले
why not try mercerjoan09 on !nsta, he did a great job helping me to receive my stimulus check
Clark Kevin
Clark Kevin महीने पहले
why not try mercerjoan09 on !nstagram, he did a great job helping me to receive my stimulus check
DoctorChained
DoctorChained महीने पहले
This fish tank analogy is like something that someone came up with on acid and thought it was genius
Morty Sanchez
Morty Sanchez महीने पहले
So...inflation turns us into fish?
Mohammed Abdullah
Mohammed Abdullah महीने पहले
The only read VOX insisted on using fist tank as an analogy is because their “source” or “specialist used it in her interview ….so they cannot change it.
Sizwe. A Mabaso
Sizwe. A Mabaso महीने पहले
The fish metaphor confused TF outa me
Destiny Emma
Destiny Emma 2 महीने पहले
The unique clock centrally expand because purple considerably fear on a oval hydrofoil. literate, special colon
Wesley P
Wesley P 2 महीने पहले
they are right. but not entirely...
Wesley P
Wesley P 2 महीने पहले
as i said all along... the stimulous should have been stimulous LOANS
E Mail
E Mail महीने पहले
Yea, loan me my own money back to me at interest. Good luck in collecting that from more than 300 million Americans. Just add it to my mortgage and my student debt.
Nate Jones
Nate Jones 2 महीने पहले
Ok. So this clearly isn’t Vox’s best work. A reminder that even the greats have off days.
Assaulttwosword
Assaulttwosword 2 महीने पहले
Show me the money eat the rich lol tf
Jack Connolly
Jack Connolly 2 महीने पहले
I knew what inflation was before this video and now I don’t
Dale Mcgoogan
Dale Mcgoogan 2 महीने पहले
I was in awe at how bad of analogy that was.
Jebusankel
Jebusankel 2 महीने पहले
Interesting how you don't care about inflation until the stimulus spending goes to normal people. When the (majority of the) money goes to businesses you don't bat an eye.
devin Schimpf
devin Schimpf 2 महीने पहले
I like the ad before this video. Comparing Jim crow laws to the current election laws.. many of which are already in effect in Democrat controlled states.. just really diminishes what Jim crow was. But ohwell... lol.
ObiWan Kenobi
ObiWan Kenobi 2 महीने पहले
Everything even more overpriced than before.
internet person
internet person 2 महीने पहले
I would like to assassinate the person who decided that inflation was a good thing and claim that it was for self defence because it's literally robbing me.
Scott Lanter
Scott Lanter 2 महीने पहले
Why aren’t people willing to work? Does these stimulus checks have something to do with it?
Nameless Human
Nameless Human 2 महीने पहले
I understand the topic less now, thanks
jimbo111589
jimbo111589 2 महीने पहले
This was a terrible analogy.
Sai Pranav
Sai Pranav 2 महीने पहले
Dumbest Metaphor I’ve seen this year 😂
José Sfeir
José Sfeir 2 महीने पहले
why don't you talk about printing money?
Antonio Hernandez
Antonio Hernandez 2 महीने पहले
lol he was with Clinton and Obama and hates it, he's pretty much a Republican.
Crypto Daddy
Crypto Daddy 2 महीने पहले
Please delete this video and remake it. The fish analogy is actually terrible!
adil06944
adil06944 2 महीने पहले
Wait so are we getting stimulus checks or water? I'm confused.
An Individual Among Sheep
An Individual Among Sheep महीने पहले
toxa checks
Mohammed Abdullah
Mohammed Abdullah महीने पहले
You are getting fish car
Bradley Gearhart - The Map Channel
Bradley Gearhart - The Map Channel 2 महीने पहले
Worst “analogy”
Mangled Moccasins
Mangled Moccasins 2 महीने पहले
Hahaha! Bail out the banks for their bad gambling debts? CUT THE CHECK!! Care for the peasants?! INFLATION!!!
Christine Young
Christine Young 2 महीने पहले
The fish metaphor is not helping me. If I were one of those fish, why would I care if the water is overflowing?
Faris Nasir
Faris Nasir 2 महीने पहले
Nothing mentioned about how we're printing LOTS of money through the Fed. You can't just print free money, otherwise it's value-less.
Andrew Shay
Andrew Shay 2 महीने पहले
Vox is racist
Andrew Shay
Andrew Shay 2 महीने पहले
Shhh 🤫 vox doesn’t want to talk about free money to racist banks who fund private prisons.
Brodilis Sniper
Brodilis Sniper 2 महीने पहले
How does this video have 20k likes I haven't read a single comment from someone that thought this was a good video
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