Here is a great video by investor Ray Dalio called, How The Economic Machine Works.
Most instructive, I think, is the way it explains in layman terms how the government’s control over interest rates ripples through all economic activity.
Steer clear of Dalio’s other published views on “Reforming Capitalism” though.
He ventures from economics into politics by sleight of hand. Good-grief I could write a book pointing out all the places where he is flat out wrong or chose to twist the truth.
Watch at learn here about the economic machine: