Finicade
Econ Freshman Lv 1
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Level 26 · ◆◆◆◆◆ · ~13 min

Crises: When the Machine Breaks

Crises: When the Machine Breaks

"Depressions, debt deflation, pandemics — the episodes where normal rules fail, and what a century of breakage taught."

the Great Depression vs 2008debt deflationliquidity trapthe COVID shockmacroprudential policy
🚀 You're jumping ahead. This builds on Monetary Policy: Rules, Targets & the ZLB — but play it now and you'll still earn full XP. If it feels steep, those make a gentler on-ramp.

A short lesson, then a quiz. ❤️×3 — a wrong answer costs a heart; finish with at least one left and the level is yours. Lose all three and you'll have to try again. Replay any time — XP and cleared levels are never lost.