Page 18 - English Edition, the Book with Ch. 38 Added..docx
P. 18

1. A good economy requires more and more funds to transfer

                   If you can share money with a lot of people, then this is a good
                   economy.
                   Let the money flow through the loop.

                   A=> B => C => A


                   4.17 Blind spots on the supply Curve
                   Supply Curve claim

                   Supply: The more expensive the price, the more goods people
                   sell.However, when the cost is high, even expensive goods,

                   people may not sell because of the reduced profits.
                   Therefore, the willingness to sell should look at profits, not
                   prices.

                   4.18 Accounting blind spots
                   accounting:

                   1. When an asset cannot be sold, the owner of the wealth is still
                   wealthy according to the accounting, wrong! The owner is very

                   poor.
                   2. Asset = liability + SE. More debt, more wealth, according to

                   accounting, wrong!
                   3 The cashier does not keep the sales record, so where does the
                   sales record come from?


                   4.19 Rich people:

                   The only person who has the ability to buy or consume is a
                   retire, because wealth is accumulated.
                   When young people are all bankrupt, humanity will face

                   extinction. (Because the elderly get the job first; the population
                   is reduced and fewer people are needed, so the young people are

                   unemployed.)



                   4.20 Inflation

                   Inflation is by printing money, but the fact is that inflation is
                   because everyone wants to make more money, so everyone has
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