This simple animated video series answers the question, "How does the #economy really work?" Based on my practical template for understanding the economy. This series breaks down economic concepts like #credit, #deficits and #interest rates, allowing you to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur. This is Part 1, I hope you find these helpful. #raydalio #principles #globaleconomy | Ray Dalio

Lecture 3: Difference between Machines & Mechanisms | Animation | Doodly | Kinematics of Machines |