Buoyant Economies
What's New
The Demise of Australian Industry provides links to articles about Australian businesses that are suffering because the exchange rate system is delivering inappropriate import prices.
The Great Injustice compares impact of deregulating the exchange rate and floating the exchange rate with the fraud that led to the global financial crisis.
Alleviating poverty with economic growth describes policies for sustainably raising the circulating money to raise incomes to alleviate poverty.
Updates
Australia: Bank credit, the current account and fiscal deficit shows how the current account deficit in Australia is related to growth of bank credit. (1September 2010)
Australia: Money and Inflation considers the relationship between monetary growth and inflation in Australia. (1 September 2010)
USA: Bank credit, current account deficit, inflation, wages and employment presents charts of the US:
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current account deficit, fiscal deficit and bank credit;
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inflation (actual and modelled);
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inflation since 1913;
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average weekly wages since 1964;
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unemployment since 1950; and
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an explanation of the short term effect on the capital inflow on the current account balance.
Impact of the floating exchange rate system on employment and growth considers how the floating exchange rate system has affected wages, unemployment, exports and imports.
Money and unsustainable debt considers monetary growth and the associated domestic and foreign debt and compares it to the relatively slower growing national income, to reveal that eventually an economy may not be able to service its debt levels and so experience a financial crisis.
Economic power and military power considers the use of economic
policies as a military
weapon.
Formula for the current account balance explains mathematically and diagrammatically how to the current account balance is determined.
New Zealand M3 money supply, current account deficit and fiscal deficit updated graph for latest statistics on money supply and the current account deficit, and adding links to the speech by the Governor of the Reserve Bank of New Zealand regarding the threat of rising foreign debt.
Money and unsustainable debt adding links to the speech by the Governor of the Reserve Bank of New Zealand regarding the threat of rising foreign debt.
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Last Update: 5 Septmber 2010