A major difference between cash and credit is that when you settle a transaction in cash, it is settled immediately.…
credit
Credit and Economic Cycles (According to Ray Dalio)
This is the fourth post in my series on Mr. Ray Dalio’s remarkable little film How the Economic Machine Works. …
Productivity, Credit, and the Economy (According to Ray Dalio)
This is third post relating to Ray Dalio’s remarkable little video, How the Economic Machine Works (link at the bottom of…
The Role Of Credit In The Economy (According to Ray Dalio)
In a previous post, I summarized Ray Dalio’s take on how the “Economic Machine” works. In this article, we will…