Diversified Money and External Debt: A Model for the United States offers an applied economic study representing the proposed concept of how the United States can rationalize its large external financial debt. The realization of this proposal is expected to last ten years, and after that time, the U.S. will entirely dispose of its economically intimidating foreign debt. The book stipulates that American foreign trade should be internationally free and fair. To this end, an element of economic protection is embedded in trade in the form of diversified money. This concept does not disturb the freedom of interstate economic exchange of goods, but does protect America’s economic space from economically unfair exploitation. The proposal’s pure economic benefits are envisioned to enrich the U.S. by $43 trillion over ten years, an average annual economic growth of over four percent, which would be the most favorable economic period in American history. In addition, this would protect the country from frightening major economic-financial crisis, which lies in international external debt. Per the author: “If we start with the fact that the external debt of the U.S. in 2013 was 31.27 percent of all external debts in the world, it can be concluded that it is the world’s biggest economic problem.”
The Economic Success of a State is divided into three parts. The first part describes a newly found economic regularity named "economic dual" and the theoretical approach to generate the power of an economic space. The second part lists everything connected with the economic cores and resources of their creation: the economy of the projects that create them, their development, and their creation by industrial zones; combinations for their creation and possibilities to quicken their creation; and a practical frame for generating economic cores as the leading constitutive part of economic duals. The third part deals with optimizations by using economic duals, models for the optimization in the state economy are given, as well as the choice of models. The general frame for state economy is conceived, the role of politics in the state economy is described, and the use of the economic duals, economic regularities, and facts connected with them and sources of possible damages to the state economy are revealed. This part also includes a newly conceived concept named "diversified money" as a protective mechanism for the state economy against incurring foreign debts; the possible positive effects of using the principle of economic duals; the optimal economic policy of the state; and errors in the state economy.
The debts of nearly fifty countries around the world are far too big and need to be lowered several times. This can be achieved by savings in the state budgets and by taking advantage of the economic opportunities provided by the concept of economic duals. In foreign trade this can be achieved by introducing the application of the category of diversified money. Politics should not enter into the economics of state economic anomalies, and politicians must be fully responsible for the recovery of their state economics. This is the true Danger of Economic Collapse that is faced by so many of today’s economies.
The first part of the book deals with the stability of money as the value equivalent of produced goods in an economic space. The second part discusses economics of entrepreneurship, and the third covers the application of entrepreneurship to a concrete state. The stability of money and entrepreneurship are vitally important in economics. As in living things, money can be considered as blood, while entrepreneurship is the heart that drives the blood through the body, thus enabling it to live. The first part of the book covers ten domains. The first three domains make it possible for money to have stability. These include the balances of production and consumption, revenues and expenditures of state budgets, and import and export. These are followed by seven domains that make it indirectly possible for money to be stable. These include rationality in spending natural resources; balance in the structure of habitants; optimality in the state economy; economic discipline; creation of development; and good conclusions. The second part lists five domains directing and limiting entrepreneurship, which may offer success. Four domains follow that help the functions of entrepreneurship be stronger, and are followed by four domains concerning entrepreneurs. The third part deals with the application of the conceptual economic statements from the first and second parts to a concrete state that shows possible economic benefits.
The optimum is the best result under given conditions. This also applies to the economics of the state. Economic optimums may exist in multiple formats. In this book, they are limited to those that are relevant to the economics of a country. These are: the optimum of the economic policy, the optimum of production and payments, and the optimum of production and consumption. From these three models, a complex model of the optimum of state economics can be composed. If the optimum is marked as C, and the deviation from the optimum as X, then the value of the non-optimum is (C-X) or C >(C-X). The main task of this optimum is that X becomes zero. Its result is measured by the quotient of optimality, (K). This optimum is achieved when K = (C-X) : C = 1. To put this into perspective, the United States represents a quarter of the global economy, but has incurred such a large international debt that it must take the situation very seriously, including the candidates in the next presidential election.
The first part of the book deals with the stability of money as the value equivalent of produced goods in an economic space. The second part discusses economics of entrepreneurship, and the third covers the application of entrepreneurship to a concrete state. The stability of money and entrepreneurship are vitally important in economics. As in living things, money can be considered as blood, while entrepreneurship is the heart that drives the blood through the body, thus enabling it to live. The first part of the book covers ten domains. The first three domains make it possible for money to have stability. These include the balances of production and consumption, revenues and expenditures of state budgets, and import and export. These are followed by seven domains that make it indirectly possible for money to be stable. These include rationality in spending natural resources; balance in the structure of habitants; optimality in the state economy; economic discipline; creation of development; and good conclusions. The second part lists five domains directing and limiting entrepreneurship, which may offer success. Four domains follow that help the functions of entrepreneurship be stronger, and are followed by four domains concerning entrepreneurs. The third part deals with the application of the conceptual economic statements from the first and second parts to a concrete state that shows possible economic benefits.
The Economic Success of a State is divided into three parts. The first part describes a newly found economic regularity named "economic dual" and the theoretical approach to generate the power of an economic space. The second part lists everything connected with the economic cores and resources of their creation: the economy of the projects that create them, their development, and their creation by industrial zones; combinations for their creation and possibilities to quicken their creation; and a practical frame for generating economic cores as the leading constitutive part of economic duals. The third part deals with optimizations by using economic duals, models for the optimization in the state economy are given, as well as the choice of models. The general frame for state economy is conceived, the role of politics in the state economy is described, and the use of the economic duals, economic regularities, and facts connected with them and sources of possible damages to the state economy are revealed. This part also includes a newly conceived concept named "diversified money" as a protective mechanism for the state economy against incurring foreign debts; the possible positive effects of using the principle of economic duals; the optimal economic policy of the state; and errors in the state economy.
Diversified Money and External Debt: A Model for the United States offers an applied economic study representing the proposed concept of how the United States can rationalize its large external financial debt. The realization of this proposal is expected to last ten years, and after that time, the U.S. will entirely dispose of its economically intimidating foreign debt. The book stipulates that American foreign trade should be internationally free and fair. To this end, an element of economic protection is embedded in trade in the form of diversified money. This concept does not disturb the freedom of interstate economic exchange of goods, but does protect America’s economic space from economically unfair exploitation. The proposal’s pure economic benefits are envisioned to enrich the U.S. by $43 trillion over ten years, an average annual economic growth of over four percent, which would be the most favorable economic period in American history. In addition, this would protect the country from frightening major economic-financial crisis, which lies in international external debt. Per the author: “If we start with the fact that the external debt of the U.S. in 2013 was 31.27 percent of all external debts in the world, it can be concluded that it is the world’s biggest economic problem.”
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