Ralph Vince* |
Corresponding Author: Ralph Vince, Vince Strategies, LLC, USA |
Revised: 21 September 2020; |
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Often, geometric growth maximization techniques as
presented by Kelly, Thorp and Vince et al., have looked only at such ambits
where the implementor was concerned with maximizing growth, or more generally,
situations where growth was beneficial to the implementor.
In this paper we examine using these techniques on
geometric growth functions where the implementor benefits from diminished
growth. Certain geometric growth functions accruing against the public, often
characterized as “growing out of control”, typically meet this criterion. These
often include medical costs, the growth of populations (e.g., bacteria) or
pathogenic infections in a population, infected cells in an organism, or even the
growth of cumulative national debt.
Finally, we demonstrate the technique upon this notion
of the growth rate of a nation’s cumulative debt. Heretofore, debt reduction
has been considered along the one-dimensional tug-of-war between reducing
government services or increasing taxes. The technique presented, albeit very
simple, provides a politically agnostic means of debt-reduction.
Keywords: Debt-reduction,
Geometric growth functions, Growth rate.