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I tried to understand his money pump model, but could not. On the other hand I can better understand neoclassical macroeconomic models. Maybe Ray's model is goi
by jackcosgrove 3y ago
I tried to understand his money pump model, but could not. On the other hand I can better understand neoclassical macroeconomic models. Maybe Ray's model is going over my head, but at this point I would trust what is taught in the textbooks rather than what Dalio says whenever the two diverge.