

Hello , I really appreciate the work and this opportunity that allows me to add as my participation , I wrote this on Riodialog and Myworld2015 consultations , I insisted on as it was necessary to find a way of funding, going beyond the usual fiscal policies , at this point i add that we need a new rule in the monetary policy for all those institutions that take advantage of the role of central banks with an extra issue of currency tied to the discount rate to be used in exchange for the tax levy, called " Theory of the compensation of the money supply a model that integrates the concepts between von Hayek and J.M. Keynes,because it keeps the economic freedom of enterprise and market , creating resources that can be used by the government but to the extent that they are created and without increasing the tax burden..or "too much inflation.... ( I make an example for clarification : Normally a BC issue currency, and it lends a fixed interest for its return , this simple step will create an imbalance between the monetary and currency issued by the return which was originally filled with the new gold extracted from mines, but since there is no longer this relationship, while retaining the old rule no more compensation was in the money supply , so if for example a BC press 100 million units at the rate of 3% , if he sees return to 103 at deadline , but where should come 3m if those have not been printed by this .... the need to have an extra issue of 3 million units to be placed in circulation and use for public utilities such as ' topic under discussion ) we make the example for the new rule : the BC press 100m to be placed on the market ( they lend to commercial banks) and puts them on the balance sheet at the same time press 3m ( equal to its rate ), and gives them to the State for free...( which uses them for public utility ... ) , without putting 3m on the balance sheet of the bank as outputs ... so then the return of commercial banks is normally also should easier find the ability to restore the famous 103m from BC ..... I hope to bring to your attention this reasoning as a key message to see debated in the appropriate forums and that it will be useful, thank you, best regards , .if more intersting https://www.facebook.com/quantitativefree/