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The Basis Of Economic Activity: Confidence
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@taskmaster4450le
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Economies are based upon the flow of capital. This is tied to confidence because money flows to where that exists. When people are not confident they tend to not spend.
In this video I discuss how people are not confident and are scared. This is going to show up in the economy as deflation because people do things they normally dont do.
▶️ 3Speak
