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Simulating Hyperinflation for 3650 days.  If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings.  We don't show the details of the central bank buying bonds here,
Simulating Hyperinflation for 3650 days.

If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings.  We don't show the details of the central bank buying bonds here, just the net results.

See blog at http://howfiatdies.blogspot.com for more on hyperinflation, including a hyperinflation FAQ.
 Here we have a basic SEIR model and we will investigate what changes would be appropriate for modelling the 2019 Coronavirus 

Here we have a basic SEIR model and we will investigate what changes would be appropriate for modelling the 2019 Coronavirus 

 Wagdy Samir work in progress. Addition of Bill Mitchell's draft textbook  chapter1   See also  The value of everything book IM

Wagdy Samir work in progress. Addition of Bill Mitchell's draft textbook chapter1  See also The value of everything book IM

 Spring, 2020: in the midst of on-line courses, due to the pandemic of Covid-19.      With the onset of the Covid-19 coronavirus crisis, we focus on SIRD models, which might realistically model the course of the disease.     We start with an SIR model, such as that featured in the MAA model featured
Spring, 2020: in the midst of on-line courses, due to the pandemic of Covid-19.

With the onset of the Covid-19 coronavirus crisis, we focus on SIRD models, which might realistically model the course of the disease.

We start with an SIR model, such as that featured in the MAA model featured in

Without mortality, with time measured in days, with infection rate 1/2, recovery rate 1/3, and initial infectious population I_0=1.27x10-4, we reproduce their figure

With a death rate of .005 (one two-hundredth of the infected per day), an infectivity rate of 0.5, and a recovery rate of .145 or so (takes about a week to recover), we get some pretty significant losses -- about 3.2% of the total population.

Resources:
Simplest Innovation diffusion model from Sterman's Business Dynamics 
Ch 9 @ LinkedIn ,  Twitter ,  YouTube
Simplest Innovation diffusion model from Sterman's Business Dynamics Ch 9
World4 is a predictive model for world population. Population has grown hyper-exponentially in the last millenium, with the doubling time decreasing from 900 years  in 1000 CE to a minimum of ~35 years in 1963 CE. Technology is defined as that which decreases the death rate and/or increases the effe
World4 is a predictive model for world population. Population has grown hyper-exponentially in the last millenium, with the doubling time decreasing from 900 years  in 1000 CE to a minimum of ~35 years in 1963 CE. Technology is defined as that which decreases the death rate and/or increases the effective birth rate (i.e. by decreasing infant mortality). Technology grows exponentially, therefore population fits a hyper-exponential (exponent within an exponent). Models for the end of growth are explored using equations that express the ways humans are depleting Earth's biocapacity, the nature of resource depletion, and the relationship between natural resources and human carrying capacity. This simple model, containing just two closed systems, captures the subtle shifts in the population trajectory of the last 50 years. Specifically, hyperexponential growth has given way to subexponential growth. A peak is predicted for the time around 2028.  [Bystroff, C. (2021). Footprints to singularity: A global population model explains late 20th century slow-down and predicts peak within ten years. PloS one, 16(5), e0247214.]