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This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Let's say you find yourself as the Head of State of some country during an impending economic crash. Your country's stock market is imploding, businesses are closing, unemployment is rising, and everyone is looking to you to provide economic guidance on how to weather this turmoil. Here's how you can weather the storm and come out on top! ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about economic crises? Check out "A History of the United States in Five Crashes: Stock Market Meltdowns That Defined a Nation", by Scott Nations 👉 https://amzn.to/3h1rTEy (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #MarketCrash #Economics #Policy ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - Kopits, M.G., and Symansky, M.S.A., 1998. Fiscal policy rules (No. 162). International Monetary Fund. Easterly, W., and Rebelo, S., 1993. Fiscal policy and economic growth. Journal of Monetary Economics. Blinder, A.S., and Solow, R.M., 1972. Does fiscal policy matter? (Vol. 144). Econometric Research Program, Princeton University. McCallum, B.T., 1987. The case for rules in the conduct of monetary policy: a concrete example. Review of World Economics. Friedman, M., 1995. The role of monetary policy. Essential Readings in Economics. Bernanke, B.S., and Mihov, I., 1998. Measuring monetary policy. The Quarterly Journal of Economics. Ball, L., 1999. Efficient rules for monetary policy. International Finance. Intro music - Intractable by Kevin MacLeod is licensed under a Creative Commons Attribution license (creativecommons.org/licenses/by/4.0) Source: incompetech.com/music/royalty-free/index.html?isrc=USUAN1100194 Artist: incompetech.com ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

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