NEW ECONOMY

THE GOAL: PROSPERITY FOR EVERYONE ON THE PLANET

TWEET

GOOD AND BAD GDP. DOES MURDER FOR HIRE BELONG IN THE GDP?

Absurd, but some criminal activity is counted in GDP. For example, extortion through private security services. Marijuana is criminalized in many countries, but somewhere it is a significant factor in GDP growth ... more

QUALITY OF LIFE

BRAZIL - BANGLADESH 14:5 ... more

QUALITY OF LIFE

PAKISTAN - NIGERIA 14:5 ... more

QUALITY OF LIFE

USA - INDONESIA 16:3 ... more

THE NEW ECONOMY - HOW TO GET STARTED?

Give money away. Introduce an Universal basic income. It must eliminate the losses of citizens whom the free market has relegated to the losers ... more

INFLATION AS A RESULT OF AN INCREASE IN THE MONEY SUPPLY? I DISAGREE

Imagine an extremely thrifty nation where every inhabitant starts receiving an extra EUR 5 000 a month. ... more

7 MAJOR FALLACIES OF ECONOMIC THEORY

An economic model based on market economics cannot work. For a simple reason ... more

UNCONDITIONAL INCOME - THE ONLY WAY TO INTRODUCE IT

There is only one way. Yes, digital currency. A special digital currency for the 99% ... more

HOUSING CRISIS SOLUTION

Apparently this is the only possible solution. Resource scarcity is solved by regulation. Housing is a scarce resource in the long term, so proportionate measures need to be applied ... more

ALTERNATIVE SOLUTION

FutureEU brings many ideas on how to change or improve the political space. Most ideas go unnoticed, that's how politics works ... more

THE EU NEEDS AN ECONOMIC VISION

The current economic model has reached its limits. Everyone sees huge debts, inflation, poor quality products, poverty, homelessness, depopulation of regions... Politicians and economists have believed into the ridiculous utopia of free markets and cheap credit ... more

6 CALLS FOR 2022

EU stagnation must end. Action must start immediately. 1. Prosperous EU - Prosperity for every district. Most of the money must stay in the region. Digital currency for the 99% will ensure this. The project is ready ... more

28 QUESTIONS FOR ECONOMISTS

The 28 questions are intended to motivate the most respected economists to offer their views and solutions. It is also an appeal to their responsibility to society. Society has never needed economists more than today. I would be grateful for any response that might help in today's situation ... more

THE WHOLE EU CAN SWITCH TO CLEAN ENERGY WITHIN A YEAR. HALF OF THE ECB'S QUANTITATIVE EASING IS ENOUGH

The EU consumes 3,000 TWh of electricity a year. It takes the equivalent of 400,000,000 photovoltaic panels of 2 kW to produce it in a 10 hour day. The cost of a panel is EUR 3 500. The total cost is therefore EUR 1.4 trillion ... more

THE CHINESE RECIPE FOR INFLATION

When one of the very important commodities that can cause inflation in other parts of the economy - such as rice or coal - becomes more expensive in China, large state-owned firms are told to ensure that there is enough of the commodity to keep the price from rising more ... more

THERE IS STILL A TIME OF AVOIDING THE CENTRAL AMERICAN SCENARIO - CRIME, DRUGS, GUNS, BARS AND POVERTY

The first wave of cost-cutting meant the departure of manufacturing in search of cheap labour and investment incentives ... more

THE EU COULD START THINKING ABOUT DEVELOPING AND USING TECHNOLOGY TO PRODUCE SOME GOODS DIRECTLY

We think in familiar patterns. We see economic development as the sum of business activities. However, the goal of companies is profit and customer satisfaction is a waste product. For example, meaningless privatisation brings huge problems ... more

BANKS HAVE TURNED INTO WAREHOUSES

Banks have stopped paying interest to savers. On the contrary, they introduced charges for storing money. They changed into warehouses. They lost the right to handle the money of the savers. So there must be a change in the law ... more

GDP - THE MOST IMPORTANT INDICATOR IN THE WORLD?

The pursuit of GDP growth can harm citizens. Citizens prefer lower prices, GDP grows with inflation. Consumers want products with a long life, GDP grows by production. Citizens need to save, GDP grows by shopping ... more

FIND A SOLUTION FOR ONE DISTRICT. YOU HAVE FOUND A SOLUTION FOR THE WHOLE WORLD

The current economic model is outdated. Do you disagree? 195 governments have failed to find a solution ... more

ROBOT DEVELOPMENT COMPETITIONS

NASA has used competitions to develop launch vehicles, and the result has been the rapid sector development ... more

EU ON MOBILE PHONE

The Digital Economy and Society Index (DESI) is a composite index that summarises relevant indicators on Europe’s digital performance and tracks the evolution of EU Member States in digital competitiveness ... more

LET'S KICK-START THE ECONOMY OF THOUSANDS OF TOWNS AND CITIES. LET'S MOVE EU FUNDS EQUALLY TO EVERY CITY AND TOWN IN THE EUROZONE

Since 2015, the European Central Bank has provided €3.2 trillion to banks ... more

AN ECONOMIC EXPERIMENT. JUST 2 DISTRICTS - SHOW THE WAY TO ALL REGIONS

Is the EU economy in excellent condition? Is the main problem the taxation of giants? Do you agree? Read no further. You have misunderstood Brexit ... more

THE COUNTRY OF THE MANUFACTURER SHOULD ALWAYS BE ADDED TO THE NAME OF THE GOODS

Namely, the country where the production is finalised or the country where a substantial part of the product is produced ... more

PROGRESSIVE COPYRIGHT TAXATION

Covid pointed to a long-standing copyright problem. Copyright does not allow for the mass production of vaccines, and hundreds of thousands of people are dying around the world as a result. Finally, this is not a new problem. Moreover, copyright protection is a non-market element ... more

KEEPING FINANCE IN THE REGIONS - A KEY TO PROSPERITY

Globalisation has solved one side of the equation - we have cheap goods from all over the world. But how do we ensure that citizens have the income to buy the goods ... more

ECONOMY ON MARS - INSPIRATION FOR THE EU

2% of the third millennium has passed. The model of the economy has depleted its possibilities. Do you disagree? Try to explain Brexit. No one escapes prosperity. The EU must present an ambitious plan for prosperity for all ... more

HOW TO DEFEAT AMAZON?

Which company has a chance to beat Amazon? Only a company that provides customers with money ... more

INITIATIVE - 13 THINGS TO IMPROVE THE WORLD

1 Digital currency for 99% ... more

UNCONDITIONAL INCOME - THE ONLY WAY TO INTRODUCE IT

DIGITAL CURRENCY FOR 99% - LOOKING FOR INVESTORS - more...

HUGE NEW FINANCIAL RESOURCES FOR SPORT

ALPINE SKIING - FUTURE VISION

ATHLETICS - FUTURE VISION

September 30
Copyright is an important anti-market element. China has understood this and the results are great. #economy

September 29
1. The new political party must offer prosperity for all. Otherwise it is useless.
2. But neither politicians nor economists offer any solutions.
3. The only solution that exists so far is a Digital Currency for the 99% and in particular its special platform. It is now looking for an investor.

September 28
If countries have borrowed huge sums and the economy has absorbed the money without inflationary effects, then the problem is the low volume of money in circulation. And that is solved by other means, not by debt. #economy

September 27
Why don't EU countries borrow directly from the ECB, but finance the billions in profits of commercial banks? #economy

September 26
Judging by articles in economic periodicals, it is easy to get the impression that interest rates are all-powerful. The economic model based on debt is flawed. After all, the consequences affect us every day. #economy

September 23
The main cause of inflation? The richest group. They have nowhere to store their wealth. So they buy up real estate and businesses or invest in commodities. By concentrating, they've gained the ability to dictate prices. And consumers have to adapt. #economy #inflation

September 22
Debt is a sick element of the economy. #economy

September 21
Economists celebrate every percentage point of GDP growth, but they have no solution for Africa or Latin America. Worse, this economic system is increasingly failing in Western countries as well. #economy

September 20
The most effective and affordable measure against transport emissions? Mandatory home office. Reduces peak hour traffic by 25-30%. #ecology

September 19
EU - planning to save 15% gas? It's easy. Make home office mandatory for all positions in companies and offices where possible. @EU_Commission

September 16
A public register of companies is needed to monitor the failure rate of industrial products. Penalties, such as a special tax, should also be included. #economy

September 14
The natural limits of GDP - the consumption ceiling in rich countries where many people already have all the goods they need - are beginning to show. Companies are starting to produce low-quality, short-lived products to force consumers to buy. #economy

September 13
The ECB has been setting inflation targets for years. And analysts and economic commentators nodded in agreement. Fortunately, the ECB has not been able to meet its inflation targets. Now we have that dream inflation. It's good to see what kind of experts the media are giving space to. #economy #ECB

September 12
They tried to tell us that deflation was bad. But they did not say who it was bad for. Deflation is always good for consumers. #economy

September 09
GDP growth or decline does not directly affect wages. #economy

September 08
For 99.9% of people, the downturn in commodity markets is great news. It makes you think about how we create institutions. #economy

September 07
In the two-kilometre peripheral strips around The Line Saudi Arabia, 560,000 houses with 900 m2 of land can grow. A great alternative to housing. @NEOM

September 06
The free market is competition. There are always winners and losers in a contest. But the number of losers has been rising significantly for a long time. And the economics community offers no solutions. #economy

September 05
Having a house 1km from The Line Saudi Arabia can be a great thing. You have privacy while having complete services in close proximity. @NEOM

September 02
The world is full of universities. Find at least one that offers solutions for today's economy. #economy

August 31
The Line Saudi Arabia has one fascinating advantage. Nature is only a minute's walk away. @NEOM

August 19
Automation and robotics must benefit all people. We must look for models to bring automated and robotic systems to all regions. The economies of all regions must be equalised so that the quality of life is at a reasonable level everywhere in the world. #economy

August 18
Balance is always important. Individualism has taken over in the Western world and Twitter is full of criticism of the accompanying phenomena.

August 17
UBI is not enough. It is also necessary to keep money in the regions and revive their economies. And only a special digital currency that is different from today's cryptocurrencies can do that. #basicincome #economy

August 16
The problem in the US is not two parties. A market generates too many losers. Will the new party offer an economic alternative? The new party may be successful, but it will not bring anything new to the voters. There are many examples in the world. #economy

August 15
Companies should be required to disclose the median wage of employees. This figure tells more than hundreds of ESG statements about a company. #ESG #economy

August 12
Slovakia has recently adopted a law on mandatory publication of the salary offered in job advertisements. The law brought a significant increase in salaries. #economy #Salary

August 11
Companies have discovered that they can make things more expensive without worrying. And profits are rising. We need to start thinking about automated taxation mechanisms. It can be an effective way to fight inflation. #economy #inflation

August 10
Residents have the right to protest against high energy prices. Against whom to protest? How about directly against the people who profit most from energy prices? #economy #inflation

August 09
Homeowners can laugh at energy prices. They buy photovoltaics, heat pumps, batteries and electric cars. And they have no problem. #economy #inflation

August 08
How to fight high energy prices? Nationalise the big producers. #economy #inflation

August 05
Apartment owners are held hostage by heat suppliers and noisy neighbours. Now they have become hostages of the energy suppliers.

August 04
If psychics can see the future, then either the future already exists or the Matrix has released information about further developments. Which is more logical? #psychics #Matrix

August 03
Classical pricing (cost+margin) has been disrupted by commodity exchanges. Another and very high item must be added - yield. The consequence is inflation. #economy #inflation

August 02
The collapse of the economy will mean the collapse of civilization. High energy prices are bringing that collapse rapidly closer. #economy #inflation

August 01
Speculative capital triggers a domino effect. High energy prices liquidate firms producing basic materials. This raises the price of materials with the same consequences for the manufacturing industry. #economy #inflation

July 29
Production of aluminium and ferroalloys in Slovakia is coming to an end. Ironworks are under great threat. The cause - energy prices. The consequence - a shortage of semi-finished products and a consequent rise in prices. #economy #inflation

July 28
Commodity exchanges are a good thing. Unless speculative capital comes in. #economy #inflation

July 27
Economics is a set of theories that are not based on evidence. That's what the world looks like. #economy #inflation

July 26
For economists, there is profitable work without any responsibility. Astrological predictions of market movements in economic periodicals. People have always loved horoscopes. They just need to adapt the subject and form to the reader.

July 25
Increased money supply is the cause of inflation. Really? Imagine an thrifty nation where every inhabitant starts receiving an extra EUR 2 000 a month. The inhabitants do not change their consumption habits and start saving. Will there be inflation? Of course not. #inflation

July 25
The concept of copyright is the inefficient anti-market measure of the last millennium. China has only uncovered huge market opportunities that companies in the Western world cannot exploit. Copyright reform is essential.

July 24
Sri Lanka : A call to all economists! Try to propose an immediate solution. It cannot be belt tightening or borrowing. I myself am curious to see if a solution can be found. #economy #SriLankaCrisis

July 22
Energy market liberalisation has contributed significantly to inflation. #inflation #economy

July 21
Opponents of basic income are hampered by "free money". Free money is also higher pay for the same work in richer countries. #basicincome #economy

July 20
The general consensus (and the easiest explanation without thinking) is that inflation is a consequence of quantitative easing. I disagree. The problem is misallocation of money. #inflation #economy

July 19
How much money can a healthy economy handle without inflation rising? Have economists done tests with different masses of money to answer this question? #inflation #economy

July 18
The world needs an alternative economy based on local resources and using digital currency. There is no need to fight governments. Private enterprise can create a prosperous world. #economy #basicincome

July 15
Opponents of basic income are hampered by "free money". What about wealthy heirs, rentiers, lottery winners, bank managers and a host of other groups. Free money doesn't get in the way there? #basicincome #economy

July 14
How to avoid inflation? Move basic needs (housing, basic food, energy...) out of the market. #inflation #economy

July 13
The main problem for central banks? Overestimating the role of commercial banks in the economy. That's why the results are dismal. #economy #ECB

July 12
The ECB's response to inflation is completely wrong. It has stopped quantitative easing. The correct response should be to maximise quantitative easing and direct it towards photovoltaics and heat pumps. #inflation #ECB

July 11
Inflation - proof of the dysfunction of the market economy. Where is the influence of competition to push down prices? #economy #inflation

July 8
Mars - free housing, food, water, energy. Maximum automation and robotization. Let's start building Martian colonies on our planet. Let's find a solution for 100 people, later for a thousand people. Then we don't have to find solutions for millions and billions. #economy #Mars

July 7
2% of the third millennium has passed. The economic model has exhausted its possibilities. Let's think differently. How will the economy work on Mars? Let's think alike and the results will surprise us. #economy #Mars

July 6
The creator of the robots has one more duty. To provide a universal basic income. #basicincome @elonmusk

July 5
When will the book reader with a built-in translator go on sale? A quality translator? That's just the first step. Book readers have huge untapped potential. @AmazonKindle @pocketbook

July 1
Since 2015, the ECB has provided €3.2 trillion to banks (10,000 € per inhabitant). The following amounts could come to the cities: Rome - 43 bln € Madrid - 32 bln € Paris - 21 bln € ... Multiply the population of your town by €10,000. #economy #ECB

Jun 30
What would have happened if the opposite had happened in Zimbabwe? Print money first and introduce unconditional income? Would there have been hyperinflation? #economy #basicincome

Jun 29
21 million bitcoins. Maximum price 70 000 USD. That's $1.4 trillion - $200 per capita. And no effect on inflation. So print that $200 and give it to every person on the planet. #economy #basicincome

Jun 28
When will the first Greenpeace activist tie himself to a bitcoin farm? #economy #ecology

Jun 27
Bitcoin? OK, but where is the complaints department? #economy #bitcoin

Jun 24
28 QUESTIONS FOR ECONOMISTS
Question No.28 - Health insurance companies win, hospitals lose - Do we really want these competition rules? #economy

Jun 23
28 QUESTIONS FOR ECONOMISTS
Question No.27 - The winner is trade, the loser is production. But the product must be made. #economy

Jun 22
28 QUESTIONS FOR ECONOMISTS
Question No.26 - Investors are winners, employees are losers - But companies are made up of employees. #economy

Jun 21
28 QUESTIONS FOR ECONOMISTS
Question No.25 - Winners are companies, losers are consumers. - Why doesn't competition and price cutting work? #economy

Jun 20
28 QUESTIONS FOR ECONOMISTS
Question No.24 - The winners are managers, the losers are scientists, creatives, health workers, labourers, social workers - Who is more needed for society? #economy

Jun 17
28 QUESTIONS FOR ECONOMISTS
Question No.23 - Banks are the winners, health, services, farms are the losers. - What does society need more? #economy

Jun 16
28 QUESTIONS FOR ECONOMISTS
Question No.22 - The winner is Western Europe, the loser is Eastern Europe - the losers are the poor areas of Italy, Spain, France. Has the EU learned its lesson from Brexit? #economy

Jun 15
28 QUESTIONS FOR ECONOMISTS
Question No.21 - A consumer can buy goods from all over the world. Where he will get the money for his purchases? #economy

Jun 14
28 QUESTIONS FOR ECONOMISTS
Question No.20 - Is it normal for people to repay a mortgage all their productive lives? #economy

Jun 13
Universal charger standard for the EU. Finally, good news for consumers. We expect more standards. #consumers

Jun 10
28 QUESTIONS FOR ECONOMISTS
Question No.19 - Is the economy functioning properly when most of its entities are in debt? #economy

Jun 9
28 QUESTIONS FOR ECONOMISTS
Question No.18 - Where are the trillions of euros from the ECB's quantitative easing (€10,000 per resident)? #economy

Jun 8
28 QUESTIONS FOR ECONOMISTS
Question No.17 - Is it right to corrupt investors with tax breaks? How to bring manufacturing to poor areas? #economy

Jun 7
28 QUESTIONS FOR ECONOMISTS
Question No.16 - Have stock markets become a Ponzi scheme? #economy

Jun 6
28 QUESTIONS FOR ECONOMISTS
Question No.15 - Is cheap credit helping the economy? Will a company take out a loan just because it is cheap? #economy

Jun 3
28 QUESTIONS FOR ECONOMISTS
Question No.14 - Does the competition still work? Prices are not falling in the long term. #economy

Jun 2
28 QUESTIONS FOR ECONOMISTS
Question No.13 - Can we find an indicator that shows the true level of welfare of citizens? #economy

Jun 1
28 QUESTIONS FOR ECONOMISTS
Question No.12 - Is GDP the best indicator? #economy #GDP

May 31
28 QUESTIONS FOR ECONOMISTS
Question No.11 - Should robotization and automation bring benefits to all? #economy #robotization

May 30
28 QUESTIONS FOR ECONOMISTS
Question No.10 - How to ensure prosperity in each region? #economy

May 27
28 QUESTIONS FOR ECONOMISTS
Question No.9 - How to prevent the depopulation of regions? #economy

May 26
28 QUESTIONS FOR ECONOMISTS
Question No.8 - How to eliminate unemployment? #economy

May 25
28 QUESTIONS FOR ECONOMISTS
Question No.7 - How to eliminate poverty? #economy

May 24
28 QUESTIONS FOR ECONOMISTS
Question No.6 - How to eliminate homelessness? #economy

May 23
28 QUESTIONS FOR ECONOMISTS
Question No.5 - Does the economy serve the people or the people serve the economy? #economy

May 20
28 QUESTIONS FOR ECONOMISTS
Question No.4 - Do economists have a formula for a prosperous economy that will apply in every country in the world? #economy

May 19
28 QUESTIONS FOR ECONOMISTS
Question No.3 - East Germany introduced all market reforms + got 2 trillion euros. Why doesn't it work? #economy

May 18
28 QUESTIONS FOR ECONOMISTS
Question No.2 - Post-communist countries have implemented all market reforms. Why, after 33 years, is their economy not at the level of, for example, Austria? #economy

May 17
28 QUESTIONS FOR ECONOMISTS
Question No.1 - Why doesn't an open market economy bring prosperity to all? #economy

May 16
Are stock markets a Ponzi scheme? Of course. New deposits generate profits (rising stock values), not rising economic activity. #economy

May 13
The job of robots is to work. Why do they teach them to walk?

May 12
Economic theory needs its Däniken. #economy

May 11
China’s robot-built 3D-printed dam ready in 2 years. The 180 metre high Yangqu hydropower plant will be built slice by slice – using unmanned excavators, trucks, bulldozers, pavers and rollers, all controlled by AI. GREAT #robotization

May 11
Eastern Europe - 33 years of reforms and billions of EU funds. And still failing to match the West. A glaring error in economic theory. #economy

May 10
Pope Francis. All voters have a university education. Then the election result is excellent.

May 9
Quality of Life
China - India 20:3. The debacle of democracy. The failure of the open market economy. Perhaps we need to start explaining. And start thinking. http://chinind.belgof.com