How the Economic Machine Works – Ray Dalio
The economy consists of 3 main forces: Productivity Growth Short-term Debt Cycle Long-term Debt Cycle In a graph, it looks like this: An economy is simply the sum of the …
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What is Money?
Although economics isn’t about getting rich quick, it all boils down to trading things you have for the things you want. Imagine you live in a world without money, and …
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