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Understanding Our Economy Is Easier Than You Think, and More Important Than You Know | PREI 415

Passive Real Estate Investing

CHAPTER

How Do You Define Our Economic System?

Economics is really about people and people's interactions with each other. In a depression what does the government have to do? The Fed tries when the economy is turning down to inject more money into the economy but it's an art not a science, he says. "Words have lost their meaning that the words are thrown around more often as insults than as means of helping to understand someone's worldview"

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