What is time preference? What is high and low time preference? Why save and invest?
What are the conditions necessary for the investment to be possible? How can you build a civilization?
Learn Austrian Economics in a fun way!

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00:00 What is time preference?
02:12 High and low time preference
03:15 Why save and invest?
06:02 Conditions necessary for the investment to be possible
07:00 How can you build a civilization?

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Econ Clips is an economic blog. Our objective is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, inflation, money, investing, monetary systems, financial markets, financial institutions, cental banks, wealth, financial crises and business cycles. If you want to know how the economy works and understand why it works this way - join us on econclips.com and learn Austrian Economics in a fun way!









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