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Showing posts from September, 2018

Cross stimulus - a whole-economic monetary policy tool

Cross stimulus Cross stimulus is suggested as a whole-economic (as opposed to macro-economic) moneteray policy tool.  It crosses the boundaries of nation state that are typically associated with macro-economic tools to allow confidence in one nation state to stimulate economic growth and infrastructure spending in a second nation state at little or no cost to the first nation state. Monetary policy line items Cash - a numeric value that is a legacy of the requirement to deliver physical tokens such as gold, coin or paper in order to facilitate transactions. Liabilities as gilts - contractual government debt that promises to repay coupons and principal at some fixed rate, time and end date (where perpetuals are not considered.) Sovereign self-issued debt contracts as assets - previously created debt contracts that contain within them a promised receipt of future coupon and principal payments. Created by the central bank itself. Other entity (e.g. corporate) debt co...

Quantative bursting - a monetary policy tool

Quantative bursting - a monetary policy tool Quantative bursting is suggested as a new monetary policy tool to address the issues that Quantative easing has created in the market.  Namely macro-economic stress on the ability to wield macro-economic tools. Issues with quantative easing A quantative easing policy that used printed money to 'buy-in' debt obligations from the market into an asset account of the central bank created both a change in the cash asset of the central bank and a new line item of owned debt assets. In many cases the debt assets were obligations from the state itself to pay back coupons and initial capital.  These debt assets were created at some point in the past when cash was bought from the market by the issuance of national debt. Monetary policy line items (post QE) Cash - a numeric value that is a legacy of the requirement to deliver physical tokens such as gold, coin or paper in order to facilitate transactions. Liabilities as gilts - co...

Money Supply Funded Universal Basic Income

Money Supply Funded Universal Basic Income A specific sender-economy / recipient-economy money supply funded Universal Basic Income is suggested as a macro-economic global tool. It is structured in the following form: A quantitative-easing based increase in money supply in a sender-economy, such as the UK.  This is decoupled from the debt-oriented promise to reduce money supply in the future after local economic expansion.  (This removes the risk of stagnation that is created by the delivery to the market of long-dated economy-expansion-assuming debt instruments).  In effect a 'static' money supply increase. A fixed-term structured delivery of UBI to individuals in a recipient-economy, such as Uganda.  This can be e.g. a ten-year histogram of six equal weighted chunks of money followed by a reduction towards the end of the term.  Such a structure allows weaning-off of a recipient-economy from dependence on the UBI income.  A long-term allows the boos...

Nearstar water drop

Nearstar water drop Nearstar water drop is a project to deliver one metric tonne of glacial water to Nearstar (the star system also known as Alpha Centauri (circa. 2018) and including the Sol-like star Alpha Centauri A (circa 2018) and the red dwarf Alpha Centauri C (circa 2018)) within seven years.  To enter the Nearstar system by 2025-09-01. Phases - Production of one metric tonne of glacial ice, or retrieval of one metric tonne of glacial ice - Transport of payload to orbit from Earth surface - Transitioning to water of the payload - Packaging of the payload to retain unfrozen status and conglomerate for transit to Nearstar - Trajector calculation for insertion into Nearstar system - Selection of insertion point - between two Sol-like stars currently suggested - Acceleratory push to Nearstar - Observation Notes - As Nearstar is only 4.24 light yearsfrom Sol, A transit at 70% speed of light will arrive in approximately 6.06 years. - (?check this) At 1 g accelera...