“Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute animated video answers the question, “How does the economy really work?”. Based on Dalio’s practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur.”
Most definitely worth 30 minutes of your time, and worth re-visiting.
P.S. I’m currently reading Ray Dalio’s new book Principles: Life and Work. I’ve just started, and it’s already valuable. Based on the reviews I’ve seen, I’m expecting a gem.