The Dormant Society Model: A Structural Identity for Net Monetary Deficit in Closed Systems
This component contains the full text of the paper: *"The Dormant Society Model: A Structural Identity for Net Monetary Deficit in Closed Systems"* by Yuxuan Rosie Ye. The paper introduces the concept of Net Monetary Position (NMP), showing that in closed fiat-based systems where money is created only through interest-bearing loans, the aggregate net monetary position of society is deterministically negative. This structural imbalance explains the inevitability of government debt absorption and challenges the assumption of fiscal neutrality in central bank regimes.
Publication Details
- Journal
- Open Science Framework
- Published
- 2025-01-01
- DOI
- https://doi.org/10.17605/osf.io/yag7p
- Primary Topic
- Economic theories and models
- Type
- article
- Field-Weighted Citation Impact
- 0.00