I disagree with the economics video. Besides the fact the guy sounds like a double-talker trying to say it’s rain when someone is really spitting in yoru face, while it’s true that for every transaction there’s a buyer and seller so someone is making money, that doesn’t help the average man-on-the-street. When the stock market crashes he doesn’t care that the wealth wasn’t destoryed just transfered. HIS wealth was destroyed and that’s all he cares about.

The guy is also wrong about deflation. Houses have crashed in value but food, energy, and everything else has gone UP or at least stayed the same. Thus no equalibrium of value.