A star not yet lit · Systems
Sectoral Balances
Every surplus is someone else's deficit; the sectors sum to zero.
Every surplus is someone else's deficit; the sectors sum to zero. That is the claim, and it is the kind that looks obvious until we try to say where it stops. Where does it hold, where does it fail, and what changes once we can see it at work? That is a conversation, not a paragraph.
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- Banks Create Money
- Conservation of Energy
- Money as a Ledger
- Stocks and Flows
- Triffin Dilemma
- Zero-Sum vs Positive-Sum
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