It's The Economics, Stupid!
Features: 3. Real concept of monetarism
- Monetarists understanding of monetarism
- Understanding the basics
- Maybe right in the long term but very wrong in the short term
- Different money supplies, different velocities, different inflation rates
- But all money is fungible say the economists No, only some
- Different money supplies with ‘fungibility’
- The mid-1980s explained
- Interchanging money supplies- the end 1980s explained
- Changing velocity of circulation of money the 1990 recession explained
- An instance of the wrong use of interest rates as the inflation weapon
- Export deficits can make you rich!!! USA economy explained
- The corollary, export surpluses can make you poor!!! Japan explained
- Important differences in country imports/exports
- More wealth but for the few
- Keeping up with the Jones’s
- The Capitalists beat the Communists but they cheated by using debt bubble steroids
- You too can have everything
- --- but you need our help
- Help!!!
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