32,245,396 views Sep 22, 2013 #Economics 101 -- "How the Economic Machine Works."
Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, "How does the economy really work?"
Based on Dalio's practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like #credit, #deficits and #interest_rates, allowing viewers to learn the basic #driving_forces behind the #economy, how economic #policies work and why #economic_cycles occur.
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