December 23, 2019

DEBTFLATION.PART 2

     It may seem satirical, to orthodoxies but in the world of marsolism, it is indubitably an accomplished fact that the fundamental fact in economic histry is not inflation but inequalities of wealth or masspovery  and certainly the most positivistic form of inflation debtflation seeks to extirpate the imbroglio of the world, cradled with the advent of the stone age.Marsolism believes to banish the twin evils of mordern civilisation and engenders universal prosperity, outwits the competency of  the orthodoxies, with the exclusive preserve, rests upon the shoulders of marsolism.This guarantees sustained increase in the universal prosperity.Economies worldwide in view with debt macroeconomics,requires an exponential growth of debt oriented goods and services, for the assuage and banishment of this twin evils.In the balance of credit payment interacting with the quantity theory of credit money, a standard debt economy is needed to achieve this mainstream goal of neomordern age.This indicates that twin economies formula, that is the mainstream economy or formal sector, should function alongside the debt  economy that ordinarily must crytalise over the informal sector environment, to assume the golden responsibilities.It shows that the general economy, should now be classified as broad economy, incorporating dual macroeconomics, along this rational divide.This is particularly interesting for
Paul Krugman

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