Finance & Fury Podcast
How do we avoid the decline into a recession?
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:51:43
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Sinopsis
Welcome to Finance and Fury the Furious Friday edition Today we are continuing the discussion around supply-side economics We will talk about the best ways to avoid declining into a recession as an economy and some solutions for economic growth. Last Friday we talked about the great depression and some of the factors that caused it. Large escalations of money supply in a short period of time. This leads to excessive debt in a system. Today we will explore the modern economy and alternative solutions to depressions or an underperforming economy. Analogy: “you have a leaky pipe” You can get a repairman to fix your broken pipe You can provide a temporary solution, but the symptoms persist until failure This relates to the modern economy because: Our problems are very distinctive but they have happened in the same pattern Western economies have started recessions/depressions due to asset price bubbles Roman Empire: A.D. 33 existence of quasi-capitalistic financial markets – a busted real estate and lending