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31 sats \ 4 replies \ @Undisciplined OP 12 Aug \ parent \ on: Tax the Rich? Not a Good Idea econ
For the most part, I agree, but it is worth learning what a lot of the macro jargon means: i.e. GDP, trade deficit, etc. People are going to see it in the news and they may as well understand it.
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50 sats \ 3 replies \ @nichro 12 Aug
Learning about the fugazzi of fractional reserve banking, overnight rates etc. could be useful too
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21 sats \ 2 replies \ @Undisciplined OP 12 Aug
I completely agree, but it's hard to avoid being propagandized about that. The basic facts are quite useful, though.
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55 sats \ 1 reply \ @SimpleStacker 12 Aug
You have to know the basics of how it works before you can really wrap your head around its problems
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10 sats \ 0 replies \ @Bell_curve 12 Aug
Micro should be learned before macro especially in high school and college
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