Oct 12, 2020 • 8M

QM012 - Economies Need Recessions

 
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An audio newsletter taking a closer look at how money works and how it affects the world around us.

Hi All,

Today’s newsletter issue is about ups and downs in an economy. It’s natural to fret about the idea of recession. In a recession, people lose their jobs, stocks lose value, and general quality of life goes down. Nobody wants recession.

Still - recessions actually serve a purpose in a healthy economy and are necessary in order to keep an economy healthy into the future. Over the last decade or so, there has been a subtle change in the way we think about recessions. Instead of letting recessions happen, now we are in a world where the goal is to prevent recession at all costs.

So why are recessions good for an economy? And how has the shift in how we manage recession going to affect the economy moving forward?

If you like the newsletter - please subscribe. You can also follow me on Twitter @seancover. If you have any questions, feel free to email me at questioningmoney@tuta.io.

Thanks for listening!

Sean

https://twitter.com/seancover