Understanding Money and Inflation Part 1 (3 of 4)

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Uploaded by on Jan 6, 2009

http://www.evndirect.com/

Modern economics is a subject that today's students must understand in order to protect their tomorrows. Inflation, the creation of money, and the regulation of the economy are explained.

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  • @timetraveler3797 Actually, debt can be a good or a bad thing. If you borrow a million dollars to earn two million, that's a good thing. If you borrow a million dollar, with your house as collateral to travel to Hawaii and eat out at fancy places because you feel like it, then debt will screw you.

  • Nice lies, the money supply grew with debt as money, the stock market crashed because of excess credit, buying on margin. Debt is not a good thing.

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