This is the fifth in this series of infographics on the basics of economics.
Others in the series are:
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The image library
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This really is a brilliant series
Exactly so. You took the words right off my laptop!
Even on the household analogy, a prudent householder will mend a leak in the roof before it gets worse and more expensive. Householder may increase their mortgage. Govts should produce money for similar problems. It really doesnt work to say oh we can’t afford to do anything now and just hope the problem goes away.
Agreed