M
morganist
I have sent the work to India and also recently Egypt. The work has been successful in the United Kingdom and I think many of the EU member states have used it too.
Letter to the President of America Regarding New School of Economic Thought.
I have sent the work to India and also recently Egypt. The work has been successful in the United Kingdom and I think many of the EU member states have used it too.
M
morganist
You have to follow a certain format for them to take you seriously. Use quality paper with a covering letter that has a letterhead on it. The covering letter should only be about half the length of the page the rest should be the letterhead, signature and addresses. If you want to send any more documentation enclose it as an attachment. This way the important people will look at the covering letter and then the more detailed contents will be reviewed by the relevant official or employee. It can help if you send it to the shadow minister or opposing political official this way they will bring up the topic in debate.
If you address it to the important person and it is only a few hundred words they are more likely to read it. I put a To and Regarding bullet note at the top of each letter, so the key information can be read quickly. Then if the important person sees the letter Regarding bullet note and it is of interest to them they will often read the half page letter contents. Write the letter concisely don't put in anything they won't want to read, make sure the paragraphs are the same number of lines in length or in that ball park (it makes it easier to break it down and read it), full lines are also good.
I terms of paper I use 100gsm Conqueror, it is the standard for solicitors and politicians in the United Kingdom. I am not sure what it is in America or other countries, but they seem to take the letter more seriously if you follow this format. I often send other work up too, like software, posters, technical papers and articles. The key is to make it concise and only send what you need to send. Only include relevant issues in the letter and other documentation you send. Make sure the letter and other documentation is well written and proof read. I always read the letter several times and edit it before printing it out and then read it again.
M
morganist
New work that has been successful elsewhere may help with that.
You're just proposing government controlled economy, which, whatever form it takes, has never worked and never will work... So, to me that's pure BS and you're not trying to prevent defaults (well, except maybe yours, trying to sell your books to make ends meat
).
M
morganist
You're just proposing government controlled economy, which, whatever form it takes, has never worked and never will work... So, to me that's pure BS and you're not trying to prevent defaults (well, except maybe yours, trying to sell your books to make ends meat
Where is this idea that it is about government control coming from? It is more free market than the current economic model. I don't understand why you think it's about government. The proposal I have been developing would involve an independent body that controls pension saving and regulation like the cental bank. The technique tends to reduce governmental control, it is about pension saving rates and market security.
In terms of preventing defaults you have to make sure there is sufficient money in the economy to make sure the outstanding debt which is based on principal investment, even the interest instalment payments, can be paid. Usually the central bank will reduce interest rates, government spending will increase or taxation will be reduced. The use of monetary or fiscal policy to maintain sufficient money in the economy to pay debt off is diminished.
These options are no longer available, but alterations to the annual pension saving allowance can be reduced for a couple of years. This can be made up for in later years and won't affect the pension pot unless the lifetime pension saving allowance is changed. There are other techniques that can be used too, such as altering the pension regulations for pension funds or altering the pension technical manuals.
These actions can be performed outside of the government in independent bodies. They can even be performed by communicating with fund managers and explaining the advantages of investing funds they control in a different way. For example sending information about the security and tax benefits corporate bonds have to fund managers can help to speed up the economy and increase consumption to stimulate growth.
Mr. Trump doesn't read, but if you can make it to the Trump Hotel in D.C., wait for him at the bar. He comes in often. Introduce yourself and tell him what a great man he is. He'll hire you on the spot as an economic advisor.
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morganist
Is this true?
Sadly, yes. Completely true. I wish it were not so.
I don't think U.S. tax law would permit your model. The government is in the business of spending money, not making it. It generates revenue via taxes. Pension funds in the U.S. fall under for-profit SEC laws I think.
As regards inflation, monetary policy in the U.S. has held inflation in check to the point where negative inflation was even discussed (also not a good thing).
In the U.S. the bond market usually covers the increase in debt - the Fed just issued a new 20 year bond and is seriously discussing a 100 bond issue. The U.S. dollar is still the reserve currency - and that's why countries buy our bonds at auction - because their currencies are generally not worth much.
If we ever went back on the gold standard, perhaps your model would be of use. But the way I see it, what works for the EU and other countries doesn't necessarily work in the U.S.
Also another thing - the UK can't pay for its entitlements - its healthcare system is no better than a third world country. Unemployment is high and manufacturing is practically ancient history. I don't see how your model helps any of that at all. Perhaps you can explain.
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morganist
Have you seen him there then? Do you know him?