There is sufficient content in this Section 26 to serve as the basis of an impressive graduate thesis featuring explanatory first- and second-order differentiations of interdependent functional activities implicitly defined by their functional relations to one anther. The set of equations would constitute a significant part of a complete explanatory theory.
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Part I: Introductory
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Part II – Divergent Flows of Products and Money; Consequent Inflation or Deflation
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Case A: The problem of an inadequate rate of saving in a surplus expansion; I”/(I’+I”)
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A note re stagflation stifling a full surplus expansion
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Case B: The problem of an excessive rate of saving in a basic expansion
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Part III – Outline of Traditional Theory’s Lack of Understanding re Artificially Manipulating Interest Rates
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Part IV – Selected Excerpts and Comments Relevant to CWL 15, Section 26, “The Cycle of Basic Income,” pages 133-44