Reassessing Economic Fundamentals

This chapter explores the need for a macroeconomic textbook that offers a more realistic portrayal of economic principles, addressing the challenges faced by learners after formal education. It critiques common misconceptions about price stability and inflation, advocating for the benefits of deflation and the detrimental effects of central banking practices. The discussion also covers essential readings, reflecting on the COVID-19 pandemic's economic impact, and emphasizes the importance of savings in fostering economic growth.