If You would like to Help with Economic Problems
Each month or time period,
What are the 20 best things that each country can do for the highest priority and all priority economic goals?
And to ask people to try to add things that are 10x more effective than the current 20 that have been created (e.g. within people’s 2 to 15 %s).
To avoid overwhelm, you have to ask- as part of my 2 to 15 %s per week (any number), what can I do (even if I only do 2- or try 2 and only reach 0 because it’s not ethical or safe enough).
For example… What can I do? Can I try to help with 1 and 6 below? Do I have %s that are more effective than the following? There are so many world problems that individualistic behaviour will not help… if everyone helps a couple of hours a week, we can prevent inflation, recession, climate, poverty, anything that we choose.
Adding economic %s can be hard and slow but it’s so exciting when solutions start to form and problems start to get solved.
Here is an example of 20 being created (which might get updated every few weeks or months) for 1 country (each country might have some unique ones).
How do you find %s that are 10x more effective for your country or for the world?
Economic priority goals worked on so far: inflation, interest rates, debt repayments for poor countries, house mortgage repayments, loan repayments, retirement savings within the next 5 years and financial market recessions, other types of recessions.
1. Figure out how to stop interest rates in the wealthier countries from increasing too much… if you scroll down, you can find several %s at this.
a. If this isn’t done, this will cause debt repayments in poor countries to increase too much, make mortgage payers unhappy, and risk worldwide inflation in non-inflationary goods
2. As a start, keep asking all people in inflationary economies to spend less than usual- this is what higher interest rates are trying to do.
a. However, this is only a short term solution- if it goes medium-term, it will risk worldwide recession in non-inflationary goods and services
b. Therefore, read the more detailed solution of trying to spend less than usual on inflationary goods and services (e.g. 40 cents higher is not much- $4 or more or a number that would affect people on tighter budgets)
c. Inflation is most likely measured by the Consumer Price Index- the cost of a variety of goods and services. So when the prices of these reduce, the need for higher interest rates will also reduce. However, one of the largest items is sometimes housing.
d. The price of housing will decrease if greater amounts of people are allowed to work remotely full-time, want to live in further out locations (because housing demand will be more spread out) or more housing is built (more supply)
e. And again, people spending less overall is only a short term solution- more specific methods like those mentioned in 6 are more effective.
3. To protect the highest financial people worldwide- the fact is, alternative methods for solving inflation do not exist yet- they don’t exist yet- what is being created is brand new and it didn’t exist a week ago. So to protect their reputations and jobs (and also their annoyance)- these methods literally didn’t exist a week ago- they’re brand new.
4. To please always think about the poorest around the world, the vulnerable and at-risk in all countries, and to make the 20 best things be careful with these
a. Higher interest rates increasing debt repayments to wealthier countries
b. Food shortages and ways to increase supply in the short, medium, long term
i. Apparently, fertiliser increases this by a large amount
5. To understand some important more complicated things that matter here for %s:
a. High interest rates mean higher debt repayments for poor countries worldwide- it would be best to prevent these from happening.
b. High interest rates mean less overall spending in the economy- this is bad for businesses because they will make less profits. Most businesses are trying to do the right thing and hopefully these 20 will help to protect them more.
c. Inflation affects financial markets, especially people who have retirement savings. The reason why is low supply of money in financial markets: poorer people take money out to pay for bills, and people take savings out of financial investments to pay for inflation. Therefore, to protect the retirement savings of people who are within 5 years of retirement by solving both inflation and recession, dealing with inflation is important.
6. This is a more targeted inflation solution that will strongly reduce the likelihood of recession:
For inflationary goods and services, we will need to solve demand-side, supply-side, supply components, and other reasons.
a. On the demand side (the purchasing side), ask people
i. To consider supporting businesses with inflationary products if the business needs it. You don’t have to, but to consider it
1. If a price is inflationary, to think about the supply chain behind it and if they need it. For example, prices of some fruit and vegetable products could be higher if retailers are unable to source internationally. To think about some higher fruit and vegetable prices as reflecting what happened with the floods, and to consider supporting some of them- if you can afford it- if you can afford it
ii. If the business doesn’t need it that much, to seriously consider:
1. Buying alternatives that are not inflationary or less inflationary
2. Buying inflationary products way, way, way later when supply has increased again
3. Not buying product that are inflationary
a. This will reduce demand then reduce prices- unless there is a low supply problem and this is solved by supply %s
4. Finding your 20 best ways to get more “efficient” (i.e. use less of) with inflationary products
5. Buying investment products (like solar panels, solar water heater, a variety of similar items) that will make medium and long-term bills way cheaper
6. What else?
b. On the supply side and the supply of components,
i. To search for %s to increase the amount of supply of goods or their components
ii. This might be through alternatives
iii. This might be through overseas deals
c. One big component is shipping transportation
i. Are there any ways that the government could help with this?
ii. A lot of items are shipped in from overseas
7. What are the products and services that cost the most- these need specific solutions
a. Buying groceries- this is talked about more in the inflation articles
i. Switching to food alternatives regularly
ii. Increasing worldwide supply of fertilisers as quickly as possible, because this 4x food production (or something similar to this)
iii. Increasing worldwide supply of food
iv. Creating a more resilient worldwide food supply chain (e.g. if there is a drought somewhere)
b. Fuel, gas, electricity- how do you increase supply and suppliers?
i. Increasing supply by rolling out renewables on a huge scale is stuck at “the variability of energy storage” solutions- 6 to 24 hours
1. Ethically maximising baseload “on-demand” renewables like geo-thermal, hydropower, tidal hugely and ethically
2. Secondly, maximising solar and wind power, potentially for producing way more than needed
3. Getting every last person thoroughly prepared for the variability of renewable prices in high demand and low supply times
ii. Another area where it’s really stuck is the business case for how coal, oil and gas producers can manage an increasing amount of managing “peak hour power plants”, which are really expensive to turn on, off and maintain
1. They could be helped by the government to have a larger amount of renewables
2. But they’re scared to switch because of the high variability/8-24 hour storage, how to manage peak power plants, high investment
8. To avoid ongoing threatening behaviour in all of this- this affects basic needs very much and could cause serious problems later on
a. What happened during the March 2021 build-up? A build-up to the North Atlantic Trade Organisation summit. It was about NATO and Crimea, about extremists in the region, about trying to change behaviour around joining NATO, about long-term Belarusian activism to change government, about each government trying to get the other government to change/ leave power.
i. A lot of people are innocent, or said something stupid on social media- this doesn’t mean that they planned, organized and carried it out.
ii. Civilians feel unsafe- please stop threatening civilians around large-scale problems.
iii. Some people feel it’s worth fighting to the end, some are strongly pro-diplomacy and immediate solutions, and some can’t handle it.
9. There needs to be solutions for non-need goods and services
a. For example, people are reducing entertainment, food delivery services, subscriptions, at this time, which is fair enough if there is inflation
b. However, the sooner that inflation is solved-
i. and not by recession/interest rates increases,
ii. the sooner that people can keep buying non-need goods and services
ii. and the sooner these businesses will be protected
10. The world needs to increase its overall income and its tax income (by no tax cuts, and by increasing all countries overall income) by a large amount
a. Why?
b. Mobilizing the USD 3-6 trillion needed each year to transition to net-zero-emissions and climate-resilient economies by 2050 will need government and private finance to align with these efforts.
c. How do they do this
i. If people produce more while everyone still keeps their jobs and people still buy the same %s from different market competitors, then this means more is being produced
ii. Where does the GDP growth come from
iii. It probably comes from the supply of renewables getting cheaper all along the supply chain… investment getting cheaper, maintenance getting cheaper
iv. But what about governments and spending and enough taxes
1. So if all people can look after themselves better, then instead of tax cuts, governments can spend this on more renewables, which will help to lower energy bills
11. Solving world poverty % by % by % would be wonderful, if it’s done together with enviro goals and people goals… it’s all about medium and long-term urgencies and priorities
12. What about financial markets? Who are the 5 or 10 types of people (groups) that have the largest total quantity each in financial markets?
a. How do we influence their behaviour to strongly avoid panics
b. And to stay in the markets
c. How do we push back on panics to strongly prevent them
d. Or, who are the types of people most likely to pull out of financial markets? How can they, as groups, have win/win reassurance to stay in the financial markets
e. This prevents financial supply from decreasing
Can you come up with more effective %s than any of the above, safely and ethically?
The above should be for inflation but for other economic priorities too
I need to try and complete some personal achievements too
I can’t just give 24/7 :P
What should I ask for? I want help with safe and ethical ways to reach the 2025 and 2030 goals
And safety. And adequate logic, freedom, diplomacy
