Tuesday, June 15, 2021

Deprecation & Investment

You need capital for a successful economy, but the annoying thing about capital is that it breaks and needs replacing or fixing over time. Investment is when we save money we made from our capital. We need to use some fo our investment to fix our broken capital. When are spending all of our investment into fixing our capital, we reach something called the steady-state, which all economic systems tend to slide to. 

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