- State spending (government purchasing) occurs prior to taxation.
- It's counterintuitive.
- It's logical.
Teaching model of sovereign credit creation.
This project is a computational (agent-based) model of the very simplest monetary circuit; a government, non-government sectoral economic system of stocks and flows defined by key policy variables and the behaviour of agents. The tenjinMacro story is a weave of fiction, a model, real world data and some macro level visualisations.
Stocks, flows and sectoral agent policy and behaviours determine monetary system dynamics.