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Explain the economy to me

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Thread replies: 14
Thread images: 2

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Explain the economy to me
>>
>>997404
https://youtu.be/PHe0bXAIuk0
>>
>>997404
It's shit.
>>
>>997404
Supply and demand :^)
>>
>>997404
It's all about dicks.
>>
>>997404
The Peter Principle.
>>
File: 1445609635293.png (77KB, 320x320px)
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this
>>
>>997426
bullshit, IOUs are promises to pay someone in the future, it does not change the amount of money in the present
>>
Someone wants something and is willing to pay for it

Someone else supplies that something and is willing to accept payment

The two come to an agreement and exchange

Economy
>>
>>998255
Soon to be repaced by an indian or a robot.
>>
If you're willing to read two hundred pages: www.hacer.org/pdf/Hazlitt00.pdf

If not, get fucked.
>>
It's owned by greedy kikes
>>
creation of wealth is basically slang for things get cheaper
>>
>>997404
economics revolves around human psychology
Thread posts: 14
Thread images: 2


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