DEBTFLATION.PART 4.

     In the broad economy, given that the quatum of the poor population, is extremely overwhelming in the informal sector or the debt  economy, therendhould be more focused on the latter.  The entire broad economy should not be deregulated and dual macroeconomics floated on the two pairs with dual financial system, requires that the central bank of microfinance-CBM  as opposed to CBN policing formal sector of an economy like Nigeria, or for a country like United States, which may have federal credit reserve serving the poor population of 35million and other citizens that form part of its sector, require a commensurate quantity of credit money  to fight this twin evils.The monetary credit policy or debt monetary policy at the credit open MARKET- COMO(not OMO)'s prop up operations (not mop up )will distribute same credit money to the indigent populace guaranteed by the same hinterland at the market eligibility curve.Going by the properties of debt money, like conventional money, the former is a far better saver of wealth.With properly organised investment market, full employment unthinkable among  the orthodoxies, is guaranteed, inequality of wealth reduced to the barest minimum. The competition generated by the dual nature of the broad economy, including its dual macroeconomics, with monetary efficiency, effective capacity building and sustainable wealth generation.To be able to measure

JOHN MAYNARD KEYNES