Money, banking & economy – 2

I have been trying to understand how money, our economy and banks work on a deeper level.

I had written previously about it here.

Today, I found an excellent video that attempts to explain the concepts in a very crisp manner. How the economic machine works by Ray Dalio.

Watch it. You wont regret spending 30 minutes on it. I watched it twice.

PS: Usually, one thing leads to another. I noticed a lot of people talk highly of “Principles” – the manual Ray wrote to share his life and business management principles with his employees. I found it here and here (Kindle). Will be reading it soon.

 

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