Hello,
More of my philosophy about the efficient economic system and
about artificial intelligence and about my philosophy 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..
I think i am highly smart since I have passed two certified IQ tests and i have scored above 115 IQ, and i mean that it is "above" 115 IQ , so i have just talked about many and different subjects like artificial intelligence and about economy and about
my new ideas of my philosophy etc. and you can read carefully my thoughts about them in the following web link
https://groups.google.com/g/alt.culture.morocco/c/aUi_MTCM_h4
But now i think i have to talk about other important subjects and they are the following:
More of my philosophy about Milton Friedman and the modern monetarist school of economics and more of my thoughts..
As i have just explained, that the modern way is modern monetarist school of economics of Milton Friedman, read about it in my below thoughts, so i think that the way of the modern monetarist school of economics is also the way that we call the
Quantitative easing (QE) that is also a way where for example the U.S. Federal Reserve print more and more money so that to lend money for investment, so i can also say that the borrowing of this money from Quantitative easing (QE) is an indebtedness
that creates wealth, but notice that the Federal Reserve is not crazy since it has to manage it correctly and manage inflation correctly, so we have to make a difference between the responsable way of the U.S. Federal Reserve and of that of the
irresponsibility of the below professor in economics that said that the government can not has a debt problem because it pays its debt by printing more and more money, so read my below thoughts so that to understand my views:
More of my philosophy about the how we have to grow economy and more of my thoughts..
And now i will talk about an important subject and it is about the how we have to grow economy , since i think that the Democrats and Republicans in USA have two different ways of how to grow economy, since as i have just for example said that the U.S.
Congress believes that today's debt will be dwarfed by tomorrow's economic growth. Driving economic growth is one way to reduce the national debt, but Congress tends to disagree on how to create that growth. Most Democrats push increased spending, while
most Republicans champion lower taxes, and it looks like the different economic ways in Japan of Abenomics and Kishidanomics, and i invite you to read the following article about them:
https://cscr.pk/explore/themes/politics-governance/kishidanomics-the-economic-policies-of-fumio-kishida/
But i will also say that Milton Friedman, an American economist awarded the 1976 Nobel Memorial Prize in Economics for his contribution to consumption analysis and to monetary history and theory, including his observations of the complexity of
stabilization policy, was the founders of the modern monetarist school of economics, that held that the business cycle is determined mainly by the supply of money and by interest rates, rather than by government fiscal policy - contrary to the long-
prevailing view of Keynes and his followers. So then you have to understand that the modern way in economics with wich we manage inflation and unemployment is no more using keynesian economics, but it is by using for example the following way using the
supply of money and by interest rates: I think i am highly smart, and i think that the Federal Reserve policymakers of USA are trying to slow down the economy and subdue inflation by highering interest rates, and highering interest rates make money
costlier and borrowing less appealing and that, in turn, slows demand to catch up with supply, which has lagged badly throughout the pandemic, but that's the macroeconomics of it, and its potential effects include lower wages, a halt or even 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.
More of my philosophy about the responsable economics and more of thoughts..
I have just looked at the following video where a professor in economics that is a democrat and that has worked for the democrats is speaking and she is saying something irresponsible in economics and it is the following:
She is saying that the government can not has a debt problem because it pays its debt by printing more and more money, but i think she is irresponsible by saying so, since the US dollar has a price and value
that also follows globally the supply and demand rule, so for example if you are this irresponsibility, so the demand on the the US Dollar can lower and it can cause problems. So here is the video and look at it carefully so that you notice the
irresponsibility:
https://www.youtube.com/watch?v=mmuysv17T9M
Thank you,
Amine Moulay Ramdane.
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