#howeconomyworks
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How the Economy Works | How you Control the Economy | moneypandits
Hey there! Ever thought that our entire economy runs because of you? Sounds surprising, right? Most of us believe it’s the big players who keep the economy rolling, but honestly, the real power lies with us, the consumers! In this video, I’ll break down how the economy works and show how consumer spending—yeah, that’s you buying stuff—drives everything
This video explores three main layers in the economy:
producers, manufacturers, and consumers.
We discuss the significant role each layer plays and why consumer demand is the backbone of economic stability.
By understanding the economic cycle, you’ll see how every purchase impacts inflation, interest rates, and monetary policies controlled by the RBI (Reserve Bank of India).
Through RBI’s repo rate and interest rate adjustments, we explore how these factors influence purchasing power and disposable income.
Key insights include:
1. The vital role of consumers in the economy
2. How RBI interest rates impact everyday spending and loans
3. The importance of consumer choices in driving economic cycles
Watch this video to discover how your role as a consumer influences the economy and what it means for economic growth, inflation rates, and national revenue. Don't forget to like, share, and subscribe for more insights on financial knowledge and the power of the consumer!
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