PERIODIC SYSTEMS IN ECONOMY

Basic theory

Time is important, and time can (usually) be measured in different ways in different systems. Ancient Greeks used two words for time: Chronos and Kairos - sequential time or "time in between" - and Chronos is the time that can be measured. But how is system time in different economic systems. Has the system time in Tokyo or Beijing the same values as in Stockholm? It can of course occur, but it is likely enough that the economic time passes with different speed. Differences in time has to do with the fact that central banks and the governments decide the length of the clocks pendulum and frequency by different interest rates. When we are talking about economic systems or activities, we must keep in mind that everything in the world of economics in one way or the other has to do with the speed of time. Economic activities are pariodic, and periodic systems are characterized by rotational movement, and frequency and oscillation is associated with wave motion and wave velocity. Over one period wavelength is usually represented by the greek letter λ. Velocity v of a wave is λ / τ, where τ represents the time difference. (The difference in position between two points divided by time difference of a wave is called phase velocity).

Economists and politicians often talk about growth and the importance of economic growth (measured by GDP per capita). By doing so they just connect a number to "growth", but does that tell us anything about the concept of growth? In everyday situations, there is a foggy notion of growth, and it is not so easy to make the concept understandable. There are essentially two ways for the growth of a system, according to Erwin Schrödinger: One way is through a regular repetition of the same structure (eg in three dimensions), which is the way in which a crystal grows. The second is to build a more complex structure without repetition, with the structure developed into an aperiodic solid body. An aperiodic system builds more complex structures, where each body part of the structure do not have the same function as other parts of the structure. The trend towards a more complex structure means that a structure from the lowest structural level moves to higher energy levels by sudden leaps to a new development stage. From a relatively stable system with low energy levels with a constantly repeating of the same actions resulting changes through the periodic internal oscillations, which are constantly in progress within the system. It is through these internal movements that sufficient energy accumulates and allows for jumps across the energy threshold for the higher level.

Since the pandemic that hit the economy in 2008 in particular the European governments have shown a strong distrust of the expansion of public expenditure. The plague originated in the United States was rapidly established in Europe and worldwide. It also gave impetus to the conservative ideas of strict financial and distribution policies. What was not realized was that public expenditure must be balanced by higher taxes if there is no other possible reallocation of resources...
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Main

Theory

Teori

Price

Phase, Price and more

Fas, Priser m.m

Economic clock-ticks

Central bank

Riksbanken

Growth

Quantum leap, equality...

Kvantsprång, jämlikhet...

Time

Understand the time lag in the economic system and the relationship between period, frequency, and - in this case - interest rates! Periodic systems are characterized by rotational movement. In the abstract representation of the movement of a point moving in a path and after some time recovers the same position with the speed and acceleration (if no impact on its business).

The circadian rhythm

Interest and time

This is important to really understand the time lag in the economic system and the relationship between period, frequency, and - in this case - interest rates! Periodic systems are characterized by rotational movement. in the abstract representation of the movement of a point moving in a path and after some time recovers the same position with the speed and acceleration (if no impact on its business). If you know of oscillation period T (the time required for entire rotational movement) one can also calculate the rate by angular velocity and time. Because of the angular velocity w (the velocity or the speed with which an activity is moving in a path, pendulum motion) is equal to 2πf radians (f = frequency). Oscillation rate w is given generally by 2π divided by the time T which gives w = 2π/24 = 0.261799 (in radians, which is in degrees ≈ 15.176 and 0.261799 / 2π = 2.388 ^° ≈ 0.04167 = T ^-1). If you convert degrees to minutes, you will find that one minutes corresponds to 0.166 ... 7 degrees, and multiplied by 60 and we take 24 * sin10 ^° we get 4.167. Same resulatat is obtained by multiplying T ^-1 with 100, ie the percentage corresponding to the natural circadian rhythm. In the special case with pendulum may be normal for the time T = 24 sin (2πf * t) gives the rate of interest. For example, the normal circadian rhythm 24 hours expressed as a rate ≈ 4167 per cent can be expressed by 24 sin (2πf * t) or in a more generalized form: 24 sin (w * t), where w = 0.166 .. 7. For normal period is 24 hours becomes t = 60th Relative to 24-hour rhythm, it is natural to man here has to do with different phases . Relatively normal rhythm may be sin (wt + Φ), ie with a different oscillation Interest rate differs with the angle Φ, which transferred to the time means that the clocks strikes various relatively normal time clock