December 23, 2019

DEBTFLATION.PART 1

   The article published below by the blogger IBIKUNLE LANIYAN, intends to usher in a new dawn in economics especially macroeconomics and also change totally the way we treat prices and the strategic impact of money supply on inflation. It critically revolutionizes economic thoughts and peruses how growth in debt price level result in poverty eradication and universal capitalism                                                                                                       The specter of change is set to revolutionize the world of macroeconomic thoughts and the boon to modern economics shall be empirical proven.Enjoy the reading. The newly developed school of market redistributionism or marsolism, is poised to critique the existing orthodoxies, not the  way Adam Smith, did to the Thomas Mun 's bullionists and the physiocrats in France, or the way the beleaguered classical economics theorists were toppled by the neoclassical s or the bashings by the Keynesians, meted out to both classicals and neoclassicals during the second World war. In the newly developed school of marsolism, the neoliberalism of the west is anathema to neomordern  development as did the orthodoxies of the last two hundred years.It might have been for the preceeding period,that ballooned global prosperity,but no more this stead to threat debtflation as the fundamental
Joseph Stiglitz

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