Two Assumptions From Economics That Make No Sense

Jerry Liu Polymath Review 3 months ago

Description

Let's talk about economics. It makes the world go around, but are we even examining its assumptions? Let's explore two issues. I know that there are many schools of economics, and I have not delved deep into all of them, so I hope this video gets people to do their own study and take courses for their own essential understanding of the world.

The talk from Tom Bilyeu and Bilaji Srinivasan that inspired my reflection: https://www.youtube.com/watch?v=YK_QTCOScwY

Chapters:
0:00 Introduction
1:00 Neutrality of money examined
8:17 Deflation is bad examined
16:17 Concluding thoughts and shoutouts