Advanced economies have significant control over the velocity of government money supply.
Currency Issuing Nation
Professor Marcus Nadler of New York University, who was an Austrian refugee, taught a night course on financial markets, a big lecture course with almost two hundred students. (Charles) Simon enrolled. He got Rudolf Smutny to go with him, and then Billy Salomon, for a few weeks. "We wanted to know," Simon recalled, "why when Uncle Sam borrowed so much money his credit rating didn't decline. Why did rates go down rather than up?
Monetary System Model
The NeoMinerva project develops a simple teaching model that describes the flow of net-financial assets - the money supply - from government to the domestic non-government sector. Peruse model development and accounting.
System beginning and opening experiments are illustrated on the ModelSIM.info website.
The model consumes real-world historical government expenditure time-series data in order to produce system cycles over time.
The model consumes real-world historical and forecast expenditure time-series data in order to produce system cycles over time.
The State emerges with a plan to pursue the public purpose.
- View Model Run Exploratory.