Thread by @unseen1_unseen

1. Economic growth isn't hard to understand. Sure the "smart people" use big words to confuse and bore you, words like: inverted yield curve, PE, fed rate, valuations, gross domestic product (GDP), consumer price index, inflation, deflation, money supply, etc.

2. The simply fact is that growing the economy is in many ways, when you boil it all down, as simple as growing aerobical bacteria in a petri dish. You want growth in your petri dish? You give it oxygen, a food source, room to grow and a stable environment.

3. So to take the petri dish example and change it to an economic one. Think

Stable environment: laws, peace, strong communities and family units, etc

Room to grow: resources: things such as available employees, metals, lumber, incomes, infrastructure, factories, etc

4. Food: Energy. The cheaper the energy the more food available for growth.

Oxygen: interest rates and taxes. The lower the rates the more oxygen is available. Higher the rates the more the dish is smothered.

5. Now it's a simple matter to add or subtract these four things to grow or stifle the economy.

You want to increase growth to it's highest potential? You maximize all 4 things. You want to slowly suffocate economic growth? Increase interest rates.

6. Economics isn't rocket science and it isn't magic. It doesn't take a PhD to understand economics nor a magic wand to have a growing economy.

*Yes I'm fully aware this is a simplified version but the basics remain the same as things get more complex. *

7. If you want to have more fun with your petri dish you can add parasites to the mix like regulations, oversight committees, and OSHA