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This framework can be used to evaluate the sustainability of a country's debt profile. The dynamics generated are based on the interaction and feedback between a government agent, a rating agency and the financial market in a stock-flow consistent manner.
This framework can be used to evaluate the sustainability of a country's debt profile. The dynamics generated are based on the interaction and feedback between a government agent, a rating agency and the financial market in a stock-flow consistent manner.
Investigations into the relationships responsible for the success and failure of nations. This investigation was prompted after reading numerous references on the subject and perceiving that *Why Nations Fail: The Origins of Power, Prosperity, and Poverty* by Acemoglu and Robinson seem to make a gre
Investigations into the relationships responsible for the success and failure of nations. This investigation was prompted after reading numerous references on the subject and perceiving that *Why Nations Fail: The Origins of Power, Prosperity, and Poverty* by Acemoglu and Robinson seem to make a great deal of sense.
Causal Loop Summary of Rutger Bregman's 4 Reith Lectures 2025 ( first video ) on Moral Ambition and Hope for Progressive Change
Causal Loop Summary of Rutger Bregman's 4 Reith Lectures 2025 (first video) on Moral Ambition and Hope for Progressive Change
 When evidence is complex,
incomplete, or emotionally threatening, people tend to accept stories that are  plausible
enough  and  meaning-creating , even if they are factually weak.  THE CAUSAL LOOP DIAGRAM (CLD)
ILLUSTRATES A SOCIALLY DRIVEN DYNAMIC:   * Greater uncertainty
increases the need for m

When evidence is complex, incomplete, or emotionally threatening, people tend to accept stories that are plausible enough and meaning-creating, even if they are factually weak.

THE CAUSAL LOOP DIAGRAM (CLD) ILLUSTRATES A SOCIALLY DRIVEN DYNAMIC:

* Greater uncertainty increases the need for meaning, which leads to the acceptance of plausible stories.

* Once the story becomes identity-relevant, challenges to it are seen as a threat.

*  Social repetition substitutes evidence.

NOTE: This diagram and explanation satisfies the condition of Leverage Point 1 described in an article  on leverage points and self-reinforcing discourse. https://www.linkedin.com/pulse/leverage-points-disrupt-self-reinforcing-discourse-hodann-wguse

La situación modelada expresa el crecimiento de las ventas impulsadas por la motivación y productividad, pero es frenada por el tamaño del nicho de mercado.
La situación modelada expresa el crecimiento de las ventas impulsadas por la motivación y productividad, pero es frenada por el tamaño del nicho de mercado.
Simulating Hyperinflation for 3650 days.  If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings.  We don't show the details of the central bank buying bonds here,
Simulating Hyperinflation for 3650 days.

If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings.  We don't show the details of the central bank buying bonds here, just the net results.

See blog at http://howfiatdies.blogspot.com for more on hyperinflation, including a hyperinflation FAQ.