<div> This model derives the terminal state of zero inflation as a requirement of money market equilibrium. By grounding the relationship between production R<span>&nbsp;</span><span>and inflation p</span><span>&nbsp;</span><span>in the inviolate accounting identity of the balance sheet of the banking sector as a whole, we prove that the market-clearing movement of the short term interbank interest rates r</span><span>, that would happen absent any central bank intervention to exogenously set r</span><span>, necessarily must eliminate inflation. The resulting synthesis shows that aggregate production would be determined by a joint movement in producer incentives F</span><span>&nbsp;</span><span>and aggregate demand D</span><span>. To arrive at this fundamental result of macro economics, it has been necessary to propose a model of other major aspects of the economy, including a theory of finance.&nbsp;</span> </div>