Posted To A Steve Keen Video 05/17/2016

Your model at the end of the video is confirmation of Douglas’ A + B theorem except it does not factor in depreciation and the FLOW of a host of other routine and necessary ADDITIONAL costs which exacerbates the already disequilibrated system. The system is INHERENTLY unstable because the rate of flow of total costs always tends to exceed the rate of flow of total individual incomes.

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