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In today's episode, Dev explains the concept called "paradox of thrift". He touches on:
👉🏾 what it is
👉🏿 real world examples such as a recession
👉🏻 the circular flow economic model
👉 Keynesian economics
👉🏼 it's flaws and criticism
Related episodes: 🎧 070 recessions and depressions!
📝 Episode transcripts
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To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.
Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.
SYMO interactive Pty Ltd trading as money money money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services license 451289.
Hosted on Acast. See acast.com/privacy for more information.
In today's episode, Dev explains the concept called "paradox of thrift". He touches on:
👉🏾 what it is
👉🏿 real world examples such as a recession
👉🏻 the circular flow economic model
👉 Keynesian economics
👉🏼 it's flaws and criticism
Related episodes: 🎧 070 recessions and depressions!
📝 Episode transcripts
We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.
To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.
Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.
SYMO interactive Pty Ltd trading as money money money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services license 451289.
Hosted on Acast. See acast.com/privacy for more information.
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