So we all know that our education system is horrendous. People graduate high-school, and even university, without fully appreciating that there are different systems at play in our current economy and that we have choices as to what systems we would like to invest our time and money on.
To help get this point across I just finished putting together a set of videos to explain this. There are 6 videos in this set, the last two (Part 1, Part 2) bringing everything together by showing how the value of the US Dollar, CPI, Gold, S&P, Art, Wages, House prices and Bitcoin have changed over time. The Table of Contents for the last two videos is:
Part 1
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Defining Currency (5:27)
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Defining Money (9:46)
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Setting Up Our Coordinate System (16:58)
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Liquidity, Velocity and US Dollars (19:49)
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US Dollar Purchasing Power, 1900 to 2017 (27:17)
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Consumer Price Index (CPI) and Inflation (32:07)
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Switching to a Semi-Log Graph (41:44)
Part 2:
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Gold Price Chart (00:09)
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S&P Chart (9:26)
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Renaissance Technologies Fund (16:59)
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Superman, Action Comics #1 (26:32)
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Wages/Salary/Income (34:07)
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House Prices (45:56)
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Bitcoin Price (50:45)
The full set of videos for this set are:
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Personal Finance: Introduction and Disclaimer
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Personal Finance: Financial Advice: Invest in Yourself: Stay Healthy, Know Your Time Frame, Don't Blow Your Budget, Build Your Networks, Acquire Experiences
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Personal Finance: Timing Markets, Know Your Time Frame, Risk Tolerance, Investing, a Taste of Fractals
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Personal Finance: Consider the Implications of Automation
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Personal Finance: Currency, Money and the Economy: Diversify and Invest in What You Know Keeping in Mind the Systems at Play (Part 1)
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Personal Finance: Currency, Money and the Economy: Diversify and Invest in What You Know Keeping in Mind the Systems at Play (Part 2)
Hope you like, and suggestions and recommendations are always welcome.
Peace.
salvia_d ago
I'm actually both, and thanks. Love this space very much :)
salvia_d ago
lol... love it. So many terms, so many numbers, got to stay focused :)
abc_xyz ago
Nice work! Will have to watch these later, big into this stuff.
salvia_d ago
Thanks, let me know what you think