UK Government debt spending drives up inflation, a phenomenon well understood by economists studying fiat currencies, which are all subject to inflationary pressures. By Sept 26th, 2022, the GBP reached value parity with USD, an inflated currency that has lost much of its buying power during the 20th century, most noteworthy now in elevated home & rent prices, increased food & fuel prices, the essentials selling at a higher consumer price index, making life basics less affordable.
How to make an economy!
Invest in educating the public, who then enlightened start business making products & services that other people want as everyone's standards of living increase. Economic development driven by consumption of goods & services, value added creating tax revenue as income tax or sales tax or business taxes to fund government activities, like nuclear weapons programs or nuclear aircraft carriers, expensive military industrial toys for the big boys in Washington DC for example & their military industrial contractors that make the star-wars technology into real world defense products & services.
The war in the Ukraine & corresponding sanctions against the Russian Oil industry because of the Russian Military Assaulting & waging war against the Ukraine without cause or rational reasoning, such that the international community punishing Vladimir Putin & the Russian Economy with heavy lasting sanctions, many nations stopping the importation of Russian oil, gas & petroleum products, especially in Western Europe, but also in America.
China's economy also imploding, ghost towns, failed montage investments, frozen banks unable to give customers their funds, currency inflations, expensive housing, import dependent food & fuel systems, the cracks are starting to show big & the CCP doing anything to save face with Belt & Road international investment leverage for global political power; its the political equivalent of vanity & materialism, think placing the economy & economic progress above human rights & polluting the environments of Earth at historically unmatched scales & degradation & negative fallout.
What happens when your countries population becomes older & expensive to take care of? Ask Japan! There are fewer people having children in Japan lately, a major inverted population pyramid with operating costs galore at the top & little if any inputs at the bottom, seemingly doomed to tip over at some point & crash, just like the value of the GPB recently!
Investors are largely to blame since currencies are traded worldwide, giving rise to spurious strange fluctuations in market values that seem to go up & down like the surface of ocean waves, random & stochastic or noisy & hard to predict without considering mass media & what the people are into, what people care about, what is trending & emergent, what is selling like hot cakes, whats moving units on a massive scale? What are the people spending their money on? Food, gasoline, rent, guns, germs & steel, its industrial 4th generation advanced AI technology internet online connected WiFi AD, 5G mobile broadband, NFC, Bluetooth, you & me & our minds connected in more ways that keep changing constantly!
The internet is like the Wild West with players such as Amazon.com taking up huge swaths of the revenue opportunities, building their own vertically integrated distribution system to cost undercut UPS, Fedex & USPS, to keep those Prime Membership free shipping same day deals happening without raising membership fee's for prime! Ebay, Alibaba & others dominating the E-commerce space, to capture you online purchases, your mind & persona are for sale, and thats not even including the dark web or identity theft!
You have been sold into a system of sin, inequity & injustice where crime rates are increasing as everything becomes less affordable & the money keeps losing its value to make purchases! Marginalized, sick, angry, and frustrated, the future looks uncertain for America, the UK & China! If the big 3 fail, every other country will pay with heavy losses too! The globalization efforts have linked most countries economies together, such that countries are now interdependent, not just while doing scientific research on the ISS or at the South Pole!
We as human people are literally making it up, society, civilization, history, as we go. There are no rules cut into stone handed down by God telling people exactly how to make a good country, good economy or good anything for that matter, other than many world religions teaching people moral & ethical principles about decent personal conduct & why its important to treat other people with dignity & respect, since we are, as you know, all in this life on Earth together as one human people who depend on one another for food, fuel, education, healthcare & many other aspects of the economy & society to function, so that people have jobs & income & can buy a nice life as they sell themselves as employees, at Amazon.com for the main benefit of its owner, that Jeff B. guy from Seattle who likes his space rocket company more than other people, apparently!
No one has all the answers & everyone including me is a flawed hypocrite sinner, who fails & makes mistakes, who makes bad choices & ends ups feel ashamed, with regret down the road. No one has a perfect life & nearly everyone suffering with something! We need to help each other more to lift our brothers & sisters up with love motivating our activities to help other people! We count on one another, love one another, are all brothers & sisters & everything in Earth is connected. We are made of recycled star dust forged in stars much older & larger than Earth's Sun! 126 chemical elements from the periodic table of elements in Chemistry #Chemistry, the outer orbital or valence shell electrons of each element dictating how the elements interact in chemical reactions that underpin all life on Earth with biomolecules that assembly using tertiary information encoded into DNA with epigenetic factors that influence how the cells self assembly! Everything living self assembles, and is a miracle of complexity compared to our puny digital computer logic chips & similar information technology. An insects brain processes information with tiny amounts of metabolic energy at processing speeds that make the latest ASIC process look slow by comparison. Everything we have design in computer mimic neuron hardware in living beings, as a weak hard ceramic metallic logic reflection. Wetware & living compute will energy as our technology better approximates what has been happening in nature all along, all throughout history. We are very early in terms of civilizations technology development, using weak chemical fuel mass paradox rocks with extremely limited range & performance, that can barely send people to the moon & which can only send people to Mars in 8 months, since nuclear rocket technology not widely used or well developed yet, despite it being the only logical solution for interstellar exploration, even within the local group of stars in our little neighborhood of the Milky Way. Turn on your brain & think more!
We do not have to accept failing fiat currencies! We do not have to accept dirt carbon combustion energy. We have options galore from science & technology to make life better for everyone right now, while also reducing pollution & restoring nature & ecosystems. We can have a harmony between economic development & environmental health, so that we can build a utopia on Earth, with no crime, with no corruption, with the ultimate energy efficiency applied to everything optimized completely to make everything better for everyone always aiming to put more excellence into each person, each product & each service, into everything more excellence in all ways, always aiming higher looking to reduce flaw, error & glitch anyway that people can imagine. We are making it up, imagining our reality as it unfolds right now, right her in the fleeting temporary present, NOW, right NOW! You live & think in the NOW, the endless constant Now, fading into the past as the new NOW emerges continually! Life is thus always NEW! Always changing! Dynamic & interesting! Thats what I mean when I say its an exciting time to be alive!
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