4 ms·
Interest(and by extension Credit) does cause momentary fluctuations in the economy. But saying they are the main factor in economy growth/degrowth is not right.
by sbmthakur 3y ago
Interest(and by extension Credit) does cause momentary fluctuations in the economy. But saying they are the main factor in economy growth/degrowth is not right. Here's a good video (by Ray Dalio) that goes into detail.
https://youtu.be/PHe0bXAIuk0?si=5pagTh1873NqMfbw https://youtu.be/PHe0bXAIuk0?si=5pagTh1873NqMfbw
- nonethewiser 3y agoHe didnt say they are the main factor. He said they are the reason.