Podcast
Questions and Answers
What are the three main forces that drive the economy?
What are the three main forces that drive the economy?
- Number 1: Productivity growth, Number 2: The Short term debt cycle, Number 3: The Long term debt cycle (correct)
- Number 1: Supply and Demand, Number 2: Interest Rates, Number 3: Consumer Spending
- Number 1: Inflation, Number 2: The Stock Market, Number 3: Government Policies
- Number 1: Unemployment, Number 2: Fiscal Policy, Number 3: Monetary Policy
What does the author feel a deep sense of responsibility to do?
What does the author feel a deep sense of responsibility to do?
- To teach people about the complexities of the economy
- To explain how the global financial crisis occurred
- To share his simple but practical economic template (correct)
- To share his personal economic experiences
What has the author's economic template helped him to do?
What has the author's economic template helped him to do?
- Anticipate and sidestep the global financial crisis (correct)
- Understand the complexities of the economy
- Avoid economic suffering
- Predict the future of the global financial crisis
What drives the economy's transactions?
What drives the economy's transactions?
How does the economy work according to the text?
How does the economy work according to the text?