March 12, 2024

THE BIGGEST MISSING LINK IN MACROECONOMIC HISTORY part 12



In the quantity theory of credit money we xray in the school of marsolism the how economic cycle operates and general impact on broad economy.


The quantity supply of credit money in the credit economy at a given period should exceed the required quantity of money supply in the standard economy to avers that in the general broad economy the quantity of credit money supply in domestic credit reserve should exceed the quantity of money supply in the domestic reserves not just in the circulation.The mandatory provision in the theory stipulates that due to the fact that in the normal circumstances of business cycle gyration economy of Market neoliberalism is often going back into recession and price instability,inflation and unemployment,mass poverty and inequality of wealth invariably at the same time requires a preempted prop up operation and techno cession to maintain a stable debtflationary environment to counter the oliflationary climate of the power triangle.The strategic interaction between monetary cycle and business cycle in the competitive atmosphere of monetary egalitarianism of broad economy to maintain consumer credit stability above all Macroeconomic egalitarian price stability.To exploit the use of this rising quantity supply of credit money the quantity supply of labor should rise in tandem with rise in quantity supply of output as admixture of factors of production to envisage the transfer of wealth through the quantity supply of credit money iƱcome vis a vis the extant size or inherent quantity of population operating the socioeconomic system at a time in equal size to the deficit minded credit debtors productive population forces and those perpetual drives in manipulation of productive forces and ways and means of production, production pattern to generate universal prosperity.In the composition of credit money the composition of money must not betrayed it's mandatory components.

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