March 12, 2024

THE BIGGEST MISSING LINK IN MACROECONOMIC HISTORY part 13

Contrary to the composition of money in 1867 division of the stock of money between currency and deposit whereas the classification in the marsolism ,the stock of credit money include credit demand deposits, credit time deposit , credit currency and credit deposit obtains largely due to the fact a specified or specialist economy is created for credit trade as distinct to mainstream economy .The credit economy is governed by its own distinct microfinancial system and the stock of credit money composed seek to fulfill the purpose of the system attainment of microeconomics egalitarian price stability



The truth is that the elitist model of mainstream banks for the upteempth time does not tell volume to address the orientation of the bottom percentiles in the society.




I believe without this mode of structural reforms there is no force under heaven in this planet earth whatsoever that could strangulate power triangle nor its unbelievable menace unless we introduce golden triangle worldwide it would be an exercise in futility.

No comments:

Post a Comment