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50 sats \ 3 replies \ @nichro 12 Aug \ parent \ on: Tax the Rich? Not a Good Idea econ
Learning about the fugazzi of fractional reserve banking, overnight rates etc. could be useful too
I completely agree, but it's hard to avoid being propagandized about that. The basic facts are quite useful, though.
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You have to know the basics of how it works before you can really wrap your head around its problems
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Micro should be learned before macro especially in high school and college
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