{"id":4572,"date":"2012-06-08T04:21:43","date_gmt":"2012-06-08T08:21:43","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4572"},"modified":"2012-06-08T04:21:43","modified_gmt":"2012-06-08T08:21:43","slug":"basic-economics-aggregate-demand","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/08\/basic-economics-aggregate-demand\/","title":{"rendered":"Basic economics: Aggregate Demand"},"content":{"rendered":"<p>This lesson introduces the macroeconomic concept of Aggregate demand.<\/p>\n<p><span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"525\" height=\"296\" src=\"https:\/\/www.youtube.com\/embed\/adgqvtlUtMk?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-US&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This lesson introduces the macroeconomic concept of Aggregate demand.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[140,800,1600,1882,2436],"class_list":["post-4572","post","type-post","status-publish","format-standard","hentry","category-economy","tag-aggregate-demand","tag-consumption","tag-government-expenditure","tag-investment","tag-net-exports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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Trimmed mean inflation remains too high at 5.4% p.a.\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"CPI Monthly","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-27-aus-monthly-cpi.gif?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-27-aus-monthly-cpi.gif?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-27-aus-monthly-cpi.gif?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-27-aus-monthly-cpi.gif?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":5439,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/12\/conversation-with-bridgewater-associates-ray-dalio-credit-writedowns\/","url_meta":{"origin":4572,"position":2},"title":"Conversation with Bridgewater Associates&#039; Ray Dalio &#124; Credit Writedowns","author":"Colin Twiggs","date":"September 12, 2012","format":false,"excerpt":"The video below is an in-depth full hour-long segment and well worth watching. Notice that Dalio sees the credit accelerator as a key component adding to aggregate demand and the key component that creates instability in that demand. Unlike traditional econometric models that do not use the debt and credit\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/SFaRazMpxcM\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5623,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/01\/steve-keen-on-post-keynesian-macroeconomics\/","url_meta":{"origin":4572,"position":3},"title":"Steve Keen on Post-Keynesian Macroeconomics","author":"Colin Twiggs","date":"October 1, 2012","format":false,"excerpt":"Prof Steve Keen's presentation to the UMKC Post Keynesian conference in 2012. http:\/\/youtu.be\/UzxQcTOs4JA Paul Krugman would argue that Income = Aggregate Demand when the economy is in equilibrium. Steve Keen shows that the economy is not in equilibrium when aggregate debt is rising or falling: Income = Aggregate Demand +\u2026","rel":"","context":"In &quot;Debt Levels&quot;","block_context":{"text":"Debt Levels","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/debt-levels\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/UzxQcTOs4JA\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3194,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/22\/white-houses-krueger-lack-of-demand-holding-back-economy-real-time-economics-wsj\/","url_meta":{"origin":4572,"position":4},"title":"White House\u2019s Krueger: Lack of Demand Holding Back Economy &#8211; Real Time Economics &#8211; WSJ","author":"ColinTwiggs","date":"December 22, 2011","format":false,"excerpt":"A lack of demand is causing the weak economy rather than uncertainty over taxes, regulation and economic policies, according to Alan Krueger, the chairman of President Barack Obama's Council of Economic Advisers. via White House\u2019s Krueger: Lack of Demand Holding Back Economy - Real Time Economics - WSJ.","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1633,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/28\/basic-definitions\/","url_meta":{"origin":4572,"position":5},"title":"Basic definitions","author":"ColinTwiggs","date":"October 28, 2011","format":false,"excerpt":"I use basic economic terms quite frequently and it may be useful to set out their definitions: Consumption ~ is any purchase\/sale that is not between entrepreneurs. 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