The Moneygoround (Sunny Afternoon)

In “The Moneygoround”, The Kinks are singing about how their money keeps getting split up and re-spent before it reaches them. The band, naturally, does not sound happy about this occurring, but we should be happy that this song is a great introduction to the multiplier effect. The amount of final income from a new […]

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How the Money Changes Hands (Tenderloin)

In this song, the singer sings how money cycles through the economy from the landlord to the farmer to the grocer to the banker. This is a good example of why there is what economists call the “multiplier effect”. When one person gets extra money, not only is their life improved, but their extra spending […]

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