Creating Wealth Real Estate Investing With Jason Hartman
CW 453 – Ray Dalio- How The Economic Machine Works with Founder of the Bridgewater Associates Investment Firm
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:44:34
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Sinopse
In a break from the traditional format of the Creating Wealth Show, today features the audio version of Ray Dalio’s educational and informative video How the Economic Machine Works. Dalio discusses a range of topics in-depth to provide a full overview of how the economic machine functions – just a few examples are the inflation/deflation model, de-leveraging and the difference between credit and actual money. Key Takeaways 01.24 – The premise for today’s show is to gain an insightful overview of economics, thanks to Ray Dalio. 08.45 – The amount of free, available education options really question why students pay so much for a College degree. 11.27 – Transactions are the lynchpin – they create the three forces which ultimately drive the economy. 14.37 – The main difference between borrowers and lenders is that the former want to buy something they can’t afford, while the latter want to make money into more money. 21.13 – Credit doesn’t necessarily have to be a bad thing; when the purchases can be used to