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How productivity runs economy

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Pawasak Kotpratum
Pawasak Kotpratum
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How Productivity Runs Economy ENTREPRENEUR #1 MONEY SUPPLY DRIVEN BY DEMAND (+) (-) TOTAL SAVINGS START LOAN MONEY SELF-SACRIFICE UNDERCONSUMING + RISK TAKING ENTREPRENEUR #2 DRIVEN BY DEMAND START RISK TAKING NO SUCCEED? NO SUCCEED? YES YES MORE PRODUCTIVITY REPAYMENT MORE (+ INTEREST) PRODUCTIVITY MORE MORE MORE SAVINGS MORE SAVINGS LEISURE TIME LEISURE TIME MORE BUSINESSES Reference: “How an Economy Grows and Why It Crashes”, by Peter D. Schiff and Andrew J. Schiff (2010) KOTPRATUM, P.

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How productivity runs economy

  • 1. How Productivity Runs Economy ENTREPRENEUR #1 MONEY SUPPLY DRIVEN BY DEMAND (+) (-) TOTAL SAVINGS START LOAN MONEY SELF-SACRIFICE UNDERCONSUMING + RISK TAKING ENTREPRENEUR #2 DRIVEN BY DEMAND START RISK TAKING NO SUCCEED? NO SUCCEED? YES YES MORE PRODUCTIVITY REPAYMENT MORE (+ INTEREST) PRODUCTIVITY MORE MORE MORE SAVINGS MORE SAVINGS LEISURE TIME LEISURE TIME MORE BUSINESSES Reference: “How an Economy Grows and Why It Crashes”, by Peter D. Schiff and Andrew J. Schiff (2010) KOTPRATUM, P.