Bestbookbits cover image

How the Economic Machine Works by Ray Dalio

Bestbookbits

Understanding Short-Term and Long-Term Debt Cycles in the Economy

6min Snip

00:00
Play full episode
An exploration of short-term and long-term debt cycles and their impact on the economy, with a focus on the role of credit availability and the central bank's control. The chapter also delves into the consequences of a long-term debt cycle and strategies to alleviate the debt burden.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode