tag:blogger.com,1999:blog-5908830827135060852.post3562421071361674695..comments2024-03-01T02:40:14.946-05:00Comments on Bond Economics: Primer: On The Inevitability Of Debt FinanceBrian Romanchukhttp://www.blogger.com/profile/02699198289421951151noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-5908830827135060852.post-31635642100036084662022-11-30T01:10:49.602-05:002022-11-30T01:10:49.602-05:00This comment has been removed by a blog administrator.Prism Lead Indiahttps://www.blogger.com/profile/05576678944434840127noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-89836742712772103762022-11-30T01:10:28.800-05:002022-11-30T01:10:28.800-05:00This comment has been removed by a blog administrator.Prism Lead Indiahttps://www.blogger.com/profile/05576678944434840127noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-60345641539185299162021-01-11T06:15:18.337-05:002021-01-11T06:15:18.337-05:00This comment has been removed by a blog administrator.rajmohan1140https://www.blogger.com/profile/07504191264485216127noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-67477897528245409962021-01-01T09:42:28.094-05:002021-01-01T09:42:28.094-05:00This comment has been removed by a blog administrator.Banumadhuhttps://www.blogger.com/profile/03179869983588072763noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-66225930418308228952020-10-21T08:37:51.877-04:002020-10-21T08:37:51.877-04:00This comment has been removed by a blog administrator.Keerthi SKhttps://www.blogger.com/profile/17671900623443588169noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-46504947396890185652020-02-10T03:53:49.734-05:002020-02-10T03:53:49.734-05:00This comment has been removed by a blog administrator.david martinhttps://www.blogger.com/profile/02090579015318690668noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-70386843772079140112019-12-07T05:46:28.828-05:002019-12-07T05:46:28.828-05:00This comment has been removed by a blog administrator.anitahttps://www.blogger.com/profile/11450581200513884140noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-87512915080176496572019-11-08T08:24:06.121-05:002019-11-08T08:24:06.121-05:00This comment has been removed by a blog administrator.Chris Hemsworthhttps://www.blogger.com/profile/06613494414894930889noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-28439030349645251482019-11-08T08:14:35.543-05:002019-11-08T08:14:35.543-05:00This comment has been removed by a blog administrator.Naveen Shttps://www.blogger.com/profile/10992200147908059243noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-70375831290188819342019-11-08T04:54:18.911-05:002019-11-08T04:54:18.911-05:00This 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administrator.Manipriyanhttps://www.blogger.com/profile/07908304585590405099noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-36515286957171396132019-06-08T01:03:17.641-04:002019-06-08T01:03:17.641-04:00This comment has been removed by a blog administrator.Manipriyanhttps://www.blogger.com/profile/14934184192220442490noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-89857831013444711872019-03-25T06:34:25.972-04:002019-03-25T06:34:25.972-04:00This comment has been removed by a blog administrator.FRMQuestionBank https://www.blogger.com/profile/16834214472790540529noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-65664142730410114242019-03-17T07:00:58.439-04:002019-03-17T07:00:58.439-04:00This comment has been removed by a blog administrator.Family Matters in Islamhttps://www.blogger.com/profile/11747937303971264897noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-91635978229658559742019-03-17T03:21:33.778-04:002019-03-17T03:21:33.778-04:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-4503470032775144732019-03-05T04:11:39.084-05:002019-03-05T04:11:39.084-05:00This comment has been removed by a blog administrator.Sivanandhana Girishhttps://www.blogger.com/profile/02030788500541735274noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-52203640840217869582019-02-28T07:51:43.674-05:002019-02-28T07:51:43.674-05:00Hello, I'm in the middle of writing a complex ...Hello, I'm in the middle of writing a complex article, and I can't be distracted when I'm doing such work. However, I think you are missing my objective: describe an observed empirical regularity, not potential alternatives. By using suitable assumptions, there are an infinite number of behaviours that are consistent with accounting identities -- which are the only "laws of nature" that must apply. However, in the observed data, we do see particular patterns, that need to be explained.Brian Romanchukhttps://www.blogger.com/profile/02699198289421951151noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-83337549568467529022019-02-27T20:03:43.157-05:002019-02-27T20:03:43.157-05:00I would like to offer an alternative, realizable m...I would like to offer an alternative, realizable model. First we build the basic model, then introduce debit.<br /><br />This model has one producer who builds and sells a product, workers who trade labor for money, and a beginning supply of money. The money supply is initially limited but, as we shall see, full output is still possible.<br /><br />We will take advantage of the observation that workers usually get paid after working a period of time (one week in this example).<br /><br />Initially assume that the entire money supply is in the ownership of producers. Workers can not buy because they have no money. This is not a problem because workers get paid once a week.<br /><br />Production begins by hiring all workers, expecting to have funds for one week's pay. At the end of one week, production completes and is completely distributed to outlets, ready for sale. Workers are paid the entire money supply. The second week has production idle (due to lack of money) while workers spend all their earnings to consume last weeks production. At second week's end, workers are out of money but the entire money supply is back in producers ownership.<br /><br />This cycle is repeatable and realizable.<br /><br />This model demonstrates inefficient use of resources . It can be improved by increasing the frequency of exchanges and increasing the number of pay periods (not only once a week).<br /><br />NOW WE INTRODUCE DEBT<br /><br />This model has a severe weakness. If workers fail to completely return money (by buying product) the producer would be unable to hire the entire workforce the second period. This could be cured if the worker would take debt in exchange of work OR if the worker loaned money to the producer.<br /> <br />Logically forecasting, the producer would be foolish to allow the worker to lend him money IF THE MONEY WAS OBTAINED BY NOT BUYING PRODUCT. On the other hand, the producer would be a little more willing to borrow if the worker agreed to take a claim on production so that the producer still knows the product will be consumed (probably). This would be akin to a worker taking a limited gift certificate in exchange for work.<br /><br />Now we have an alternative, realizable model with all the elements you included in your model (except profit).<br /><br />Unlike your model, we don't yet show profit. Instead, we show a bump in the flow of money that is mitigated by re-establishing flow with debt. The wisdom of accepting the mitigating method is up to both parties (to the debt exchange).<br /><br />There you have it -- an alternative model.<br />Roger Sparkshttps://www.blogger.com/profile/01734503500078064208noreply@blogger.com