In this video I discuss a number of vital concepts.
To start, for ecnomies to expand, money is needed. If there is not enough money, things contract. We also have the business cycle to contend with, something that many feel can be changed but history shows it is unbeaten. Finally, the tools the central bases use are completely ineffective and worthless anywhere outside of theory.
▶️ 3Speak
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This is really insightful to me.My country(Ghana) keeps borrowing money but there’s yet to be a significant difference in the economy and that’s because we actually do not have the infrastructure and other factors that would help make profit out of this money we keep on borrowing.
I think that’s what this video made me understand.Thank you.