November 6, 2019

MACROECONOMIC THOUGHTS.PART 15

that states debt money supply(DM) or (D) is multiplied by the rate at which social debt is rising per year and equiproportional relief fund spent as credit liquidity(DV) equals nominal prosperity expenditures.Consequently this creates egalitarian market society,in the long run.Hence,the marsolists,egalitarianists have a world to win to create not a proletariat society but a croletariat society of classless struggle.Now,monetarism say that as the availability of money in the system increases,agregate demand for goods and services goes up and encourages jobcreation and stimulates economic growth,but volatility persist.Here marsolism emergence opposed simply orthodoxies instead that both keynesian and monetarism are turning things upside down that such growth is temporary,face saving pallitives,patching root,purposeless and visionless,barely resolve human,social and economic debts.They ordinarilytreat only the symptoms,shooting the spectre of unemployment,a known economic debt back to origin
Irving FisherIRVIN FISHER
al previous position.

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