No.310 Direct underwriting of government bonds with zero interest rate and no redemption period. Gov will use the funds raised to carry out national projects. ・・・Gov bond is redeemed only when inflation rate exceeds the set upper limit.
Direct underwriting of government bonds with zero interest rate and no redemption period. Gov will use the funds raised to carry out national projects. ・・・Gov bond is redeemed only when inflation rate exceeds the set upper limit. For expansion of industry and economy, state will carry out projects that private industries do not. Economy expands by that size. Circulate currency to society according to the scale of economy. With the right funding, NASA projects, for example, will revolutionize everything in the world. Let me explain. Industrial production is value-added production. Value-added is creation of monetary value from zero. Currency must be provided to there. Purchasing decide value-added of product. So, Executing national project always produce value-added. If product is not used, it's consumption. Pyramid construction, for example, is huge consumption. Supported ancient Egyptian economy. When value-added production ceases, currency of that scale need recovery to central