Don't Panic! Supply and Demand

2017-10-01

[public] 239K views, 8.23K likes, 185 dislikes audio only

Fear and panic can effect the economy and drive prices out of control or cause banks to shut their doors. By examining supply and demand, let's see how this can happen.

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Why Are Diamonds So Expensive - Cogito - Curiosity Visualised - https://youtu.be/DI5PHtYKVeQ

http://www.mcriblocator.com

https://www.nbcnews.com/business/consumer/now-it-s-getting-serious-2017-could-see-bacon-shortage-n715351

http://time.com/money/4957172/orange-juice-prices-hurricane-irma-florida-crops/

Photo Credits -

http://13076-presscdn-0-15.pagely.netdna-cdn.com/wp-content/uploads/diamonds.jpg

https://i.ytimg.com/vi/cr8Rn3ak6UI/hqdefault.jpg

http://i0.kym-cdn.com/entries/icons/original/000/021/780/mcrib_NewZealand_1-300x221.png

https://i.pinimg.com/736x/06/df/50/06df506cfd01c09b6b876f0ff00c4dbc--starbucks-pumpkin-spice-latte-pumpkin-pie-spice.jpg

http://img2.timeinc.net/people/i/2015/greatideas/blog/151109/starbucks-red-cup-600x800.jpg

http://www.safirepartners.com/wp-content/uploads/2015/11/Team_Coco.png

\https://commons.wikimedia.org/wiki/File:Jay-Z_concert_(cropped).jpg

https://upload.wikimedia.org/wikipedia/commons/0/06/Hostess_twinkies_tweaked.jpg

http://www.duskyswondersite.com/wp-content/uploads/2011/03/tulips.jpg

https://i.imgur.com/zNWrssI.jpg

https://i.imgur.com/wPKR2xZ.jpg

https://i.pinimg.com/736x/60/9f/7b/609f7b437f369169461e63308bb96d2a--dew-drops-rain-drops.jpg

https://www.spencersavings.com/media/2016/04/FDIC.jpg

Music Credits -

"Furious Freak" and "Daily Beetle (Edited)" by Kevin MacLeod (incompetech.com)

Licensed under Creative Commons: By Attribution 3.0 License

http://creativecommons.org/licenses/by/3.0/

Intro Art and Channel Avatar by PoetheWonderCat

https://twitter.com/ThatCatNamedPoe

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Hashtags: #economics #economy #market #hurricane #harvey #irma #texas #florida #supply #demand #oil #gas #prices #bank #money

Why Are Diamonds So Expensive by Cogito
youtube.com/watch?v=DI5PHtYKVeQ

Intro
/youtube/video/4BCF7YOBD9o?t=0

Scarcity
/youtube/video/4BCF7YOBD9o?t=114

Limited Time Products
/youtube/video/4BCF7YOBD9o?t=191

When Things Become Limited
/youtube/video/4BCF7YOBD9o?t=296

Hurricanes
/youtube/video/4BCF7YOBD9o?t=358

Gas Shortage
/youtube/video/4BCF7YOBD9o?t=450

Run on the Banks
/youtube/video/4BCF7YOBD9o?t=575

Fractional Reserve Banking
/youtube/video/4BCF7YOBD9o?t=635

Conclusion
/youtube/video/4BCF7YOBD9o?t=730

The Story We Tell Ourselves | Pilgrims and Thanksgiving 324,228 views
/youtube/video/iihVxjJjY9Q

Knowing Better Website ► http://knowingbetter.tv Store ► http://standard.tv/knowingbetter Patreon ► http://patreon.com/knowingbetter Paypal ► http://paypal.me/knowingbetter Twitter ► https://twitter.com/KnowingBetterYT Twitch ► https://twitch.tv/knowingbetteryt Facebook ► https://facebook.com/KnowingBetterYT/ Instagram ► https://instagram.com/knowingbetteryt Reddit ► https://reddit.com/r/KnowingBetter/ Production Assistant - Rozarah https://twitter.com/AmandaLlara Research Assistant - Jesspsettle https://twitter.com/JessPSettle Music - Michael Cotten http://www.mwcotten.com Spotify ► https://open.spotify.com/album/0zCYP8rPoTWYoldR70bIiI Amazon ► https://amzn.to/2zbsfHd Title Card and Profile Art - PoetheWonderCat https://twitter.com/ThatCatNamedPoe --- General Disclaimer: Don't do any of the things in my intro sequence, they are things people generally know better than to do. I am not a doctor, lawyer, accountant, or anything else; don't take my advice on anything.
/youtube/channel/UC8XjmAEDVZSCQjI150cb4QA

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