India has seen a decrease in growth of three percent in the last year and usually has high inflation. There is a banking issue with high rates of defaults that could spread to the rest of Asia and potentially the whole World. The letter was sent with two economics books to help stabilise their economy to reinforce the economy of the region. If I support their economy it can help to maintain stock market values in the region which will make investment portfolios more secure. This method of lobbying can help to make investments turn out the way you want or at the least not default. The source of the letter is morganist economics. To: Honorable Finance Minister Smt Nirmala Sitharaman Ministry of Finance Department of Economic Affairs Room No. 134,NB New Delhi - 110001(India) To: The Honorable Finance Minister of India Smt Nirmala Sitharaman. Regarding: A New School of Economic Thought. Thursday, 31st October 2019. I am an independent macroeconomist who develops new tools and policies that are designed to enable economic prosperity. I am located in the United Kingdom, where many of the new macroeconomic advancements I have developed have been used by the British government successfully over the last thirteen years. I have enclosed two books I have written the first, 'Modern Applied Macroeconomics', uses pension reform to achieve economic targets. The second, 'Economic Growth in A Highly Constrained Environment', offers new growth tools. Kind Regards. Peter James Rhys Morgan.
You do realize that this already happened when the gold standard was done away with? The problem is central banks are privately owned by a select few. Why aren't you tackling that problem, isn't that the bleeding wound?
The issue in India seems to be with cooperative banks. The rate of economic growth has fallen by three percent in the last year. This would indicate the fall in economic output may be related to the defaults. If the lost growth can be compensated for then it could prevent defaults.
Ah that explains the war drums. Interesting, my friends would tell me that India is in bad financial shape but I thought that was impossible.
They have their own right-wingnut screwing things up too. + + + Meanwhile UK Consumer Confidence hit a six year low today. What gives Morganist? Macro crapping out?
Look at India Nifty Chart. Despite the banking issue or whatever, Big boys & big investors are investing confidently in India. India index futures has been rising for the past 1.5 decades and there is zero sign of bearishness. Next country letter please.
It is new to me. It looks like stochastics. I wonder if he likes my Morganist National Investment Analysis?
Indian economic growth seems to go hand in hand with inflation. When you take that into consideration the growth rate is offset by price devaluation. The growth rate in India fell by three percent in the last year. I was hoping that I could help get growth back up to the higher levels to help prevent the defaults seen in the banking system, although I can't see why they have such a high level of default with a annual growth rate of 4 or 5 percent even after the last years decline. In short I cannot see why the defaults are occurring if they derive from the domestic economy. Have the Indian banks invested in another country that is failing? I was also hoping that I could cut their inflation using the pension saving technique I developed to increase the real rate of economic growth.
I know the problem in the UK. I have sent the Prime Minister a copy of the book Economic Growth in A Highly Constrained Environment and a letter too, recommending the R-PAID. See the article below. As a macroeconomist I have done my part the work has been produced and communicated with the appropriate official. Whether they use it? http://morganisteconomics.blogspot.com/2018/05/an-answer-to-pay-disputes-make-sure-you.html?q=r-paid