The Debt / Credit System
0:52
YouTubePrinciples by Ray Dalio
The Debt / Credit System
The credit system functions like a circulatory system that delivers nutrients and buying power to various parts of the economy. A system is considered healthy when borrowed money is used to generate productivity, which in turn produces income. However, it becomes unhealthy when debts and debt service costs increase relative to income. This debt ...
10.8K views1 month ago
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Short videos

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