In article <c368da68-bde8-4f8b-b13e-a8e153fbc83fn@googlegroups.com>,
ram <aminer68@gmail.com> wrote:

Hello,

More of my philosophy about the modern economics and about Keynesian econom= >ics and more of my thoughts..

I am a white arab from Morocco, and i think i am smart since i have also >invented many scalable algorithms and algorithms..

And i invite you to read the following interesting article:

Does Keynes=E2=80=99s theory still hold up?

https://www.weforum.org/agenda/2016/02/does-keynes-s-theory-still-hold-up/

More of my philosophy about the Keynesian economics and more..

I think i am highly smart and i will invite you to look at the following ne= >w video about how the governments of Europe and USA have spent more in the = >economy and were following the Keynesian economics in the period of economi= >c Crisis of Covid-19, since i think that Keynesian economics even if it is = >not the modern way by using the supply of money and by interest rates, can = >still has some "advantage" in this kind of economic crisis, and the macroec= >onomic theories and models of Keynesian economics is about how aggregate de= >mand (total spending in the economy) strongly influences economic output an= >d inflations, so i invite you to look at the following new video so that to=
understand the how of it:

The EU's New Plan to Transform the Economy - VisualPolitik EN

https://www.youtube.com/watch?v=3DN2-HqLZJIhU

But i will say that Milton Friedman, and American economist awarded the 197= >6 Nobel Memorial Prize in Economics for his contribution to consumption ana= >lysis and to monetary history and theory, including his observations of the=
complexity of stabilization policy, was the founders of the modern monetar=
ist school of economics, that held that the business cycle is determined ma= >inly by the supply of money and by interest rates, rather than by governmen= >t fiscal policy - contrary to the long-prevailing view of Keynes and his fo= >llowers. So then you have to understand that the modern way in economics wi= >th wich we manage inflation and unemployment is no more using keynesian eco= >nomics, but it is by using for example the following way using the supply o= >f money and by interest rates:

I think i am highly smart, and i think that the Federal Reserve policymaker= >s of USA are trying to slow down the economy and subdue inflation by higher= >ing interest rates, and highering interest rates make money costlier and bo= >rrowing less appealing and that, in turn, slows demand to catch up with sup= >ply, which has lagged badly throughout the pandemic, but that's the macroec= >onomics of it, and its potential effects include lower wages, a halt or eve= >n a drop in home prices and a decline in stock market valuations etc., but = >notice that the highering of interest rates reduces the demand, so i think = >it has a macroeconomic effects of balancing by creating lower prices in one=
side and part of the economy and this compensate much more for the higher =
prices in the other side and part of the economy, but notice that it doesn'= >t mean that the highering of interest rates solves all the problems.=20

Thank you,
Amine Moulay Ramdane.

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