Externality Resolution Within a Nominal Paradigm - A New Chapter in FV Finance
Externality Resolution Within a Nominal Paradigm - A New Chapter in FV Finance GangaPrasad Rao Energy, Environmental and Mineral Economics gprasadrao@hotmail.com gprao64.blogspot.com gprasadrao.blogspot.com Foreword and Disclaimer : This blog broaches a novel extension to a previous blog that proposed a dual SGDP-NGDP Bond-based mechanism to operate the nation’s economy and optimize annual budgets. It applies principles of FV Finance to solve externalities associated with uncontrolled nominal expansions funded with NSI monetization. It offers an integrated answer to resolve nominal externalities on one hand, and ‘create’ FV Gold Capital for IPO-based incremental expansion of the economy. The Author makes no claims as regards the robustness of the proposed design, or the effectiveness of indicated outcomes. Introduction In previous blogs 1 , I broached the concept of navigating the macro-economy by leveraging dual ‘SGDP - NGDP Bonds’ as guides to obtain balanced, socio-economic