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This is an interactive graphical tool for learning how the economy works. If you are unsure how to begin, please expand and read the notes below, then click the button for the step-by-step walk through.
Click on the Link below:
Then follow the following steps to see household net worth grow and broad money supply increase--while banks go bankrupt:
Step 1: 'Bank Loan'
Step 2: 'Borrower Defaults on Bank Loan'
Step 3: Repeat Steps 1 & 2 until: either the economy is fixed, or Banks default which ever comes first.
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