The why's of Economics
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What happens when we print excess money? How does inflation depress our savings in the banks? How do commercial banks advance out loans to households and corporates? Will the rise of AI, ML, and Robotics make humans obsolete? What about china's supremacy in trade? How do governments and central banks regulate the economy in unprecedented times? And what about immigration? Few of the many questions that are often raised in economics have been answered in this short book. The book comes with few jargons that have been explained and demystifies the concepts that always keep bugging our minds. The...
What happens when we print excess money? How does inflation depress our savings in the banks? How do commercial banks advance out loans to households and corporates? Will the rise of AI, ML, and Robotics make humans obsolete? What about china's supremacy in trade? How do governments and central banks regulate the economy in unprecedented times? And what about immigration? Few of the many questions that are often raised in economics have been answered in this short book. The book comes with few jargons that have been explained and demystifies the concepts that always keep bugging our minds. The book instigates many innovative examples to try and relate to the present environment to make the book much more engaging.
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