Common Sense Soapbox

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About this show

Short videos with a punchy, comedic tone and entertaining Socratic characters taking on trending issues and important concepts from a classical liberal perspective, written & animated by Seamus Coughlin.

How to Ruin the Economy in 2 Minutes

February 1, 2022

On this episode of Common Sense Soapbox, Seamus, Bob, and Sarah are sheltered in place – hungry and eager to get out and work – but Ron isn’t letting them. Instead of producing more food, Ron has the ingenious idea to just give them more shells (money)! Seamus explains why issuing more currency instead of letting people produce is the worst thing you can do.

CREDITS:
Written by Seamus Coughlin, Sean W. Malone, and Tyler Brandt
Research by Matt Hampton
Animated by Seamus Coughlin
Produced & Edited by Sean W. Malone

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

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