full transcript
From the Ted Talk by Miguel Goncalves: How millennials and Gen Z can invest in a better future
Unscramble the Blue Letters
Anyway, I digress. The point is that I've seen the power of what expectations can do. And here's a finrahtsd example. I'm from Venezuela, and in the late twenty-teens, my home country experienced one of the worst periods of hyperinflation ever recorded. Now, there were many reasons why this hyperinflation took place and I won't go into all of them here. But among those reasons was a concept called iaonlftin expectations. What inflation etcxeptinaos basically means is that when people believe prices in the future will go up, that bleief, that animal siirpt, can literally cause prices to rise today. Expectations create reality.
Open Cloze
Anyway, I digress. The point is that I've seen the power of what expectations can do. And here's a _________ example. I'm from Venezuela, and in the late twenty-teens, my home country experienced one of the worst periods of hyperinflation ever recorded. Now, there were many reasons why this hyperinflation took place and I won't go into all of them here. But among those reasons was a concept called _________ expectations. What inflation ____________ basically means is that when people believe prices in the future will go up, that ______, that animal ______, can literally cause prices to rise today. Expectations create reality.
Solution
- expectations
- spirit
- belief
- inflation
- firsthand
Original Text
Anyway, I digress. The point is that I've seen the power of what expectations can do. And here's a firsthand example. I'm from Venezuela, and in the late twenty-teens, my home country experienced one of the worst periods of hyperinflation ever recorded. Now, there were many reasons why this hyperinflation took place and I won't go into all of them here. But among those reasons was a concept called inflation expectations. What inflation expectations basically means is that when people believe prices in the future will go up, that belief, that animal spirit, can literally cause prices to rise today. Expectations create reality.
Frequently Occurring Word Combinations
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collocation |
frequency |
good news |
4 |
virtuous cycle |
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esg metrics |
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inflation expectations |
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solution investors |
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data security |
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start thinking |
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Important Words
- animal
- basically
- belief
- called
- concept
- country
- create
- digress
- expectations
- experienced
- firsthand
- future
- home
- hyperinflation
- inflation
- late
- literally
- means
- people
- periods
- place
- point
- power
- prices
- reality
- reasons
- recorded
- rise
- spirit
- today
- venezuela
- worst