Explain the economy to me
>>997404
https://youtu.be/PHe0bXAIuk0
>>997404
It's shit.
>>997404
Supply and demand :^)
>>997404
It's all about dicks.
>>997404
The Peter Principle.
this
>>997426
bullshit, IOUs are promises to pay someone in the future, it does not change the amount of money in the present
Someone wants something and is willing to pay for it
Someone else supplies that something and is willing to accept payment
The two come to an agreement and exchange
Economy
>>998255
Soon to be repaced by an indian or a robot.
If you're willing to read two hundred pages: www.hacer.org/pdf/Hazlitt00.pdf
If not, get fucked.
It's owned by greedy kikes
creation of wealth is basically slang for things get cheaper
>>997404
economics revolves around human psychology