Abstract
The article aims at giving some additional explanations on the key points of FCG (Fixed Capital Generations) theory and model. We show that, from methodological point of view FCG should not be considered one of the orthodox mainstream models: as it does not work with utility maximization or any type of optimal decision problem, and the equilibrium state is not sought. The main purpose of FCG is to identify a zone of stable economic dynamics and adjust the model parameters to the movement within the boundaries of this zone. We provide a new improved record of FCG model that contributes to its deep understanding, as in contrast to previous records cash flow is represented as movement transacting not only in cash, but also as non-cash money form. We set forth the latest results of applied research based on FCG model. It shows that the Russian economy can accelerate its growth rate up to 3.2% if Bank of Russia adheres to the policy of ruble exchange rate strengthening by about 7%. However, at present, the economic policy of the country's monetary institutes provides the opposite — consistent weakening of the national currency.
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