RAY DALIO EXPLAINS WHAT IS CREDIT
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YouTubePrinciples by Ray Dalio
RAY DALIO EXPLAINS WHAT IS CREDIT
Credit is the most important part of the economy—and probably the least understood. It's the biggest and most volatile part. When borrowers receive credit, they increase their spending. Because one person’s spending is another person’s income, increased spending drives the economy forward and creates a self-reinforcing pattern of economic ...
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