Economic Perspective May 9, 2022
I believe Humanity is endowed by God to create a Heaven on Earth by learning and implementing or following all of the Laws of God as understood and witnessed by the common good to bring about more efficient prosperities and returns of work. The returns of work or service to God, His vocations, oneself, and one another being the provisions supporting Life which include the Spiritual Well Being and enjoyment of Life’s beauty.
In Humanity’s history and across the World currency was created by peoples to accommodate and account for trade of vocations making it a mathematical accounting and calculable transaction. As such it also provides values of vision, revelation, and dreams through foresight. It allows for preservation, continuity, savings, and futures of all peoples and their society. It allows for change and prosperity.
I associate this with a what I call a Cycle of God, a circle, and it should not be broken because it’s natural progression of growth and development of peoples and societies will be impeded. Idle monies created by and collected from a society must be reinvested in that society or economy or the growth and development will be hindered. It will sit idle as a pollution of previous work performed, unexchanged, basically unmanaged, and not providing for proper growth and development and subsequent Well Being and/or it’s improvement. The responsibility of this task primarily rests in my opinion with our governments through taxation and distribution or accessibility.
I will argue that in fact America’s current economy is itself a diverse self imposed and correctible autocracy leaving much monies at the top of a scale of economical efficiency rather than spread fairly or equitably across the scale of labor which makes up an equitable economy and increases productivity. It’s not the capitalistic economy with social nets and supports that it is intended and designed to be which I believe is the natural approach to economic efficiency and stability. Monies for or of an economy are much better spent and invested at all hierarchy of community by all of the values of pay scale (jobs or vocations) (selves) that make up the economy. Knowing economic efficiency ratios may be a good start to evaluating economies. Simply put it is input / output where continuity equals 1. The number One is important because it returns to itself completing a circle. It could be, in my opinion, considered both a prime number and a whole number.
As Spirits are intended by God to participate in Life and prosperity so it is that humanity must learn and implement the Ways of God and bring natural or learned talents and vocations in harmony with equitable and sustainable environments of welfare by properly allotting values for accounting purposes to those inputs of talents/gifts and vocations and their returns to society while maintaining secure nets of prosperity for all ecosystems. I underestimated the growth of inflation and the longevity of it’s rise not fully realizing the apparent capital required to reduce the shortages of the production or manufacturing of required inputs and systems to implement them including labor to alleviate human needs in America and around the World. And unforeseen effects of War and the pandemic. A complexity of interconnected economies of the World of which America is primary. But I believe it has created much work toward it’s correction and this is good.
While one may look to large corporate companies to blame in tech and investment industries for example the resolution primarily lies within our governments and their administration and management of our citizens and their contributions to the economy. However, much of this action or lack thereof by our government is and has been a good conservative consequence to the bickering in our societies and governments and resulting corruption and underdevelopment or progression which essentially began with the social and environmental movements of the 1960’s or even the 1950’s after World War II or even the struggles of freedom of black people dating back even further including America’s civil war or even the Jews of Moses. And all of these continue today.
The reserve of money as a result of insufficient taxation and distribution has come somewhat naturally or instinctually during turbulent and troubling or uncertain times and is a double edge sword so to speak and leaves few including our government with the responsibility of caring for the masses of lower and middle class citizens which make up most of a society and World and indicates the goal or center or heart of the scale of prosperity and it’s accounting of. Tech and investment companies for example do not have knowledge related to many of a society’s industries which support the necessary work of healthy societies but can and do help implement and manage them with technology. Their creation did in fact begin to shift or significantly change America’s economy and culture beginning around the 1960’s and in my opinion it would be good and necessary that these industries be leveraged by our government to improve our economy with these social and environmental changes that these companies are already initiating and allow for the prosperity of our many different human vocations.
I believe systems and methods of our government administration have been improving especially by the implementation of technology. Now they need to improve the accounting of inputs of labor and it’s returns in our economy for proper return and fund distribution for growth and development. They should increase taxes on our wealthy citizens and businesses or industries and distribute more money to the needy and middle class vocations and on a much more timely basis.
Good economies naturally run very efficiently and are largely self sustaining when properly managed. Our World economy and America’s economy are still in an evolutionary phase of growth and development and growing pains and learning curves are also natural. But we must eliminate or greatly reduce boom and bust financial periods. And I believe the best approach to this for America and the World is by properly developing and supporting national economies and aiding and investing with collaboration of business and government in underdeveloped nations or peoples. Admittedly this is not an easy task especially in times of growth and development and war but it must be undertaken.
Bringing about labor or work efficiencies with proper investment will reduce the pollutions and poverties of Humanity in the World. An economy will not prosper if moneys derived from the primary producers of money, the middle class and their vocations and livelihoods, are not properly compensated for and reinvested in. Currently, aside from undervalued government subsidies derived from taxes which are necessary in any case the other alternatives of correction are recession, depression, partial collapse, collapse, or price controls. And when this begins occurring moneys are again redirected to so called savings accounts or entangled investments which are really disaster funds or the double edged sword. This could be the way of some our countries available funds if a directed and managed investment or reinvestment into the production of our primary middle class vocations is not diversified and initiated soon.
Some reinvestment is being done by many corporations to improve futures and livelihoods and it is good. But there is not enough infrastructure or people to support the demand of requirements to implement these new and innovative approaches to the Life Cycles of God and the compensation or redistribution of funds needs to meet our costs of living or current investments. Generally speaking, investments of reserve are only made subsequent to stability of base. Our government (we) has also made investments to increase the input of labor and infrastructure for economic production.
As said, these available funds or untaxed currency or profits of production also amount to the largest War Chest or disaster fund ever amassed and it is formidable. It should be utilized by way of corporate investment and government taxation and investment. Economies and World economy require all humanity to participate but great and significant security issues within Nations and globally have also hindered the development of societies of people and people within societies. But much of these security issues are improving and are another governmental responsibility. Many businesses and social services have had to significantly invest in security systems and their management just so continuity of service to good people could continue.
And while I have written that the ill willed have no government they do use financial tools, business, and corruption to fund partial or puppet governments and militaries of different sorts to attack freedoms of people, their homes, economy, and government. These things will fail though they will probably continue for sometime and in my opinion could grow and develop into a World War and most likely become a Holy World War the size and scale of which is unknown.
The incomplete or broken circles of our World or the Cycles of God as I call them will continue to become whole simply by continuing to implement the ways of good and God. Environments and ecosystems will become stronger and healthier though they may change especially when natural disasters as a result of climate change occur. Disruptions and learning curves are natural. The good must continue progressing. We must continue writing, painting, sculpting. IT, reading, farming, engineering, researching, building bridges and roads, talking/communicating to one another, seeking and finding interest in the World about us and engaging.
And the governments of economies should utilize our technologies and the collected data of industries or business entities in collaboration so that necessary inputs can be identified and implemented into the economy. A socialist like service (government) with capitalistic results or returns. An example would be to collect real-estate data and collaborate with home builders and ensure they have the required capital to build the homes derived from data. It would require cooperation and collaboration with federal, state, and local governments. Energy, including fuel, requirements and inputs is another example of this potential method of managing. Food production. Baby formula. We need a central government with the capability to manage our economy that is armed with good and sufficient data and the required monies made accessible through banking systems. Immigration of labor and services are also required.
In other words, the greater and better the investment in productivity and frontend welfare across the World which includes security, the less pollution and poverty there will be and sustainability and efficiencies will increase. Greatly reducing the required and difficult to maintain aid.
We must work toward improving the masses and primary center of middle and lower wage earners capability of maintaining a healthy household. Investments in work levers include capital, management, and wages but inflation for these productivity increases can not exceed the ability of the primary labor to pay for them who is still after all our primary consistent and active investor. They are the key to continuity. Growth and development comes with ‘growing pains’ but humanity must learn to implement and manage tools and information better to maximize growth and development while not allowing for boom and bust periods.
In other words, the inflation caused by demand of a society or World should not exceed the capability of a common household to pay for it and the best way to return money to it’s public investors is through governments which maintain data and have the capability to do so. The common citizens must see a return on their capital gained by business via purchases. This is often referred to as purchasing power and it should be suitably maintained by our government for the good of people and the businesses they patronize or the circle of growth and development will be hindered.
Moreover, excessive expenditures for investment will fail. Meaning investments must essentially match availability of the workforce and other required inputs. Often investments into education which many companies are now doing and food production must come first. These can generally support large investments though return is generally long term. Transportation and infrastructure. And those things that support them.
Certainly, putting the masses in a position of monthly financial loss due to inflation and the subsequent requirement for outside of the home funding (borrowing, credit card) and then increasing the cost of this funding is not good. It is not good. In the past when the federal interest rate increases primarily slowed growth of companies with the cost of money by interest it may have reduced inflation a bit but still at a high cost to the economy as a whole. And it was at a time when government did not have the capability to manage public subsidies en masse. Raising the taxes for subsidy instead of the interest for money would be a better choice leaving the circle more complete.
Large companies have been broken up by government in the past to control monopolies and excessive price increases but in my opinion this impedes the efficiency or potential efficiency of the business (economies of scale) and it’s ability to grow and develop and simultaneously impedes growth and development of a society or nation or World. It does create a massive capability of investment and this is what needs to be managed in collaboration with government. Certainly excessive price increases should not be allowed.
In other words, as companies invest to meet demand there is often a period of time where price increases to meet the demand of costs of implementation, production, and management which increases inflation could be alleviated by simultaneously taxing these companies and subsidizing markets (consumers) while governmentally aiding in managing the growth and development of our national economy(ies). This would complete the circle and provide for more consistent and continual growth and development and reduce periods of inflation or boom and bust.
Beware of cryptocurrency. It has no value at all.
Economy- Wealth, Market, Country, Nation, Financial System; words of a thesaurus which itself (thesaurus) means treasure and generally associates concepts of the meaning of words. These words are synonyms which hold similar meaning as the word economy and it’s concepts and help cover and understand the breadth of application of meanings and/or their uses.
Eco generally means house and nomy generally means a systematization of knowledge allowing for the management of distribution following a rule or set of laws. It includes associations with environment, ecology, and ecosystems. A spreading of wealth and prosperity so that systems or circles or Cycles of God are sustained as efficiently as possible.
Thrift or thrifty is also associated with the word economy and it’s meaning surrounds thriving, vigorous growth, and prosperity.