Day 57: Measuring the Performance of the Economy – Part 3

I commit myself to expose how the current economic system within the world has lost all connection to the physical world and is only interested itself as an entity where human beings, animals, plants, Earth – are all placed into the service of the Economy for the sake of a few benefiting from the current system I commit myself to the establishment of an economic system which is in support of Life instead of being a parasitic entity as what is currently...

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Day 56: Measuring the Performance of the Economy – Part 2

I forgive myself that I have accepted and allowed myself to value objectives within macroeconomics in terms of evaluating the performance of the economy – which is no way are related to the wellbeing of Life on Earth, but only concerned with the self-preservation of the current economic system I forgive myself that I have accepted and allowed myself to have created a world economic system where Life on Earth is placed in the service of the Economic...

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Day 55: Measuring the Performance of the Economy: Macroeconomic Objectives

Within the next few blogs we’ll be looking at how economists currently measure the performance of the economy, and by what criteria they are measuring it by. In this blog we’ll be discussing the macroeconomic objectives. These objectives also give a nice indication of what it is that is being valued within the area of economics. There are about 5 objectives which are regularly listed when looking at macroeconomic objectives: 1)   ...

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Day 54: Government Intervention - Part 3

I commit myself to expose that any type of intervention within the current economic system completely useless – since we are changing some of the variables in the equation but the equation is still rooted within the same principle – as the principle of self-interest and gain – and whatever changes we implement within the system, will be rendered useless throughout time as self-interest will always prevail – as this is how we set up our system I...

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Day 53: Government Intervention - Part 2

I forgive myself that I have accepted and allowed myself to believe that if we just edit or adjust a few things within our current economic system that things will get better I forgive myself that I haven’t accepted and allowed myself to see and realise that we can try and change/manipulate whatever we want – but as long as we do not change the starting point of our current economic system as justified self-interest – we’ll simply play the same...

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Day 52: Government Intervention

In this section we will have a look at the outflows and consequences which manifest when the government intervenes in the economy. The economic model is designed to ‘stand on its own’, where the forces of supply and demand ought to rule and regulate the market without anyone exerting any form of control or manipulation. It is designed to balance itself out.However, due to the free market principle – some people are excluded from being able to...

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Day 51: Resource Distribution - Part 3

I commit myself to expose the true nature of supply and demand -- where a demand is only a demand if a person has the financial means to back up their want/need -- and where again no distinction is being made between want or need -- the system doesn't care whether you're dealing with a want or a need -- if you don't have the money you're not part of the gameI commit myself to expose that our current nature inherently prefers people with money...

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Day 50: Resource Distribution - Part 2

I forgive myself that I have accepted and allowed myself to have created an economic system which relies on the principle on ‘Supply and Demand’ to distribute resources to beings – where I / we’ve accepted and allowed ‘demand’ to only count if and when a person has money to back up there want/need – and within that I forgive myself that I haven’t accepted and allowed myself to make a distinction between wants and needs – where it doesn’t matter...

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Day 49: Resource Distribution: Supply & Demand

As seen in ‘Day 40: What is Economics?’, economics essentially deals with three questions: what should be produced, how should it be produced, who gets to consume what is produced. Within Supply and Demand – we’ll be looking at how our current economic system decided to answer some of these questions. Not all wants and needs are considered to be demands in the world of economy. Your need or want will only be interpreted as an actual demand once...

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