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First of all, I would like to introduce myself. I am a computer programmer from the Netherlands. I am working on a theory of money and banking derived from the "Natural Economic Order" of Silvio Gesell. "Natural Economic Order" clearly states that the root the economic and monetary...
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From a forum I frequent: [QUOTE]The income tax serves as key stabilizer to the economy, as can be shown: Y = C + I + G + X-IM C = a + b*DI Assume a flat is in effect of T = tY C = a + b*(Y-tY) C = a + b*(1-t)Y Y = a + b*(1-t)Y + I + G + X-IM Y - b*(1-t)Y = a + I + G + X-IM Y(1-b*(1-t) = a + I + G + X...