Economics is too often weaponized by jargon. High concept terms of art to explain basic behaviors or circumstances that should otherwise be accessible. Socioeconomics takes the math off the page and puts it into a human context. It helps us break from specific doctrines and be slightly less dogmatic. So today I thought we would take a break from the doctrine and dogma to bring certain concepts down to a base level. Some are straightforward, others are actually pretty complex. Some are needlessly complicated, which might be deliberate. All of them impact our lives and how we think about the economy. So here we go, ten needlessly complicated economic terms you should know to understand the modern economy.

Chapters

Intro: 00:00:00

Financial Repression: 00:02:03

Demand Destruction: 00:04:19

Fiscal Dominance: 00:06:50

Yield Curve Control: 00:09:19

Repo Market + Reverse Repo: 00:11:50

Eurodollars + Petrodollars: 00:15:36

Debt Monetization: 00:20:31

Shadow Banking: 00:24:18

The Basis Trade: 00:29:06

Purchasing Power—Real vs. Nominal: 00:33:25

UNFTR Resources

Video: They Hide These Economic Words From You—Here’s Why

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