Why do we become poor when money is overflowing? Where the overflowing money goes┃The real nature of inflation that no one tells you┃Why you are poor even when your salary goes up┃Economic principles┃Prices┃The face of money┃Documentary Prime┃

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EBS Documentary

Published on Apr 26, 2024
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※ This video is part of <Documentary Prime - The Face of Money Part 3 Money Fell> broadcast on April 22, 2024. Inflation hides the essence of money How did the dollar become the standard for all money? Inflation is a tax! Inflation has affected us throughout our lives. A hamburger that used to cost 65 cents became $5, and a jajangmyeon that used to cost 500 won became 7,000 won. Is it natural for prices to rise? Inflation, which we were not aware of, is closely related to the exchange rate, and even affects a thermal clothing company in Busan. Whether you import thermal clothing fabric from France or send money to Cambodia, the important thing is the dollar exchange rate. Let's learn about the process by which the dollar became the center of the world's money and the significance of the key currency. The illusion that the value of money will remain constant distorts the world. The most important question left by the illusion of currency that hides the essence is, 'Did my salary really increase?' Distinguishing between nominal and real wages will be the first step to escaping the illusion of money. ✔ Program name: Documentary Prime - The Face of Money Part 3 Money Fell ✔ Broadcast date: 2024.04.22

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