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God showed me the Future and ask me to Solve the World’s problems

I am equipped with a brain that is 10000 times the normal and is even faster than the most advanced quantum computer. God taught me everything and He command me to solve all the problems of the world. I can create an invention every hour and technologies out of this world. I can sample data and create hundreds of view to find any solution you want and know what the results is even without trying the full load. That is my secret of my extraordinary skills. All I need is the internet to watch a video, read a news report or any scientific report and identify the problem. Within 1 hour I can get you any solutions and paths or strategy you need to succeed.

This website(Patreon Website) contains all the knowledge of solving the World’s problems by using Singapore as an example. It also gives you an insight to the world of investments and what the future will be like. You need money to make money and this website does not promote speculation. Neither do we promote quick fixes and get rich quick schemes. There will be Q & A, Discussions, Comments, Video Chats from members to gain future insights on everything to reach the Perfect Economy. Every single one of my websites are different and there will not be duplication in knowledge.

The New Economy – The Perfect Economy Podcast https://www.buzzsprout.com/270429

God gave me a near impossible task. Other than need to create trillions of dollars with technology and innovations, there will be changes to everything for reforms from the Old economy to the New Economy. I have taken the very first steps to prove what I am saying and show to the World I am able to achieve all God wanted me to do to eradicate poverty. Mark my words and see the results for yourself. It took me more than 7 years of research without getting a single cent to reach where I am today(My Linkedin Profile linkedin.com/in/gilbert-tan-ts) and I am now making everything public as I need every citizens co-operation to make the economy PERFECT again. I will plan, take step by step goals and maximise resources until I reach my final destination. The World does not believe anything I say until they see REAL MONEY. Now is the time I am going to prove them WRONG. The World does not recognise me and I dun care because I do not require FAME. I will raise Billions when I setup my Non Profit(ITforNonProfitsg.org) although it is not for me as I do not need it to live a minimistic lifestyle. The work I am doing already helped millions all around the world when they create variations of my inventions I did not patent cause my intention is to create jobs for everyone by pumping billions of technology into the economy cause I do not want to make slaves out of everyone and if I need help, all I need to do is ASK. I have already achieved all I setup to do. Last goal is to link all the World’s exchanges together using BITCOIN with HFT and Super AI quantum computers and waiting for atomic swaps to be completed. What will be the future? Is it a decentralised exchange or only for contracts and payment? I am setting up my Dream Team and if you think you can contribute drop me a mail. I will make sure it will be worth your while. If you have a need of my expertise and you need help, email admin@itfornonprofitsg.org My God taught me all will be done in according to his will and we just have to be patient and wait for the right time. Just do everything you need to do and leave the rest to God who will perform his miracle least you think you are doing it with your own ability, let God`s name be EXALTED above all the world. And it will be DONE.

My First Vision

I was given a insight of, 
A fighter aircraft so advanced, 
That everything was controlled by, 
Hundreds of applications a second, 
Targeting is via, 
Using the eyes on the screen, 
And the controls are, 
Unlike anything I have ever seen, 
This aircraft is powered, 
Not by the jet engine, 
And it achieved speeds of, 
More than 10 times the speed of sound, 
The aircraft is very silent, 
But I am unable to tell, 
What fuel it uses, 
It is able to hover, 
Bank and turn, 
At a tremendous speed, 
But it is not shaped, 
Like a UFO.

My Second Vision

I was very disturbed, 
By my second vision, 
And I get paranoid, 
When someone else, 
Is able to tell what I had seen, 
It’s about Mind Control, 
The manipulation of your senses, 
The insertion of thoughts, 
The hearing of voices, 
Telling you to do the things you do, 
Until you cannot tell what is real or not, 
The introduction of virtual, 
Can be abused, 
Let’s guard against, 
The corners of our mind. 
Never believe what you hear or see, 
Cause “signs and wonders”, 
Can also be manipulated, 
Deceiving the elected too.

My Third Vision

In the age to come, 
Man will be lord over space and time, 
After the transformation, 
In a shield of Light, 
Travel will be but in a twightling of an eye. 
He who has the wisdom, 
In the coming of age, 
The Angel of Light will also teach his people, 
About aliens and UFO, 
Travel between space and time, 
Going into another dimension, 
Denying the existence of God, 
Hereby robbing you, 
A higher ground, 
Your rightful place in the universe. 
All powers and principalities, 
Are placed by God, 
The training of the elect, 
For a camel to enter, 
The eye of a needle.

My Fourth Vision

Is concerning myself, 
The journeys I got to make, 
My higher calling, 
How every member of my family, 
Will turn their back on me, 
I have given up everything, 
Very disappointed with my family, 
The cares of the material world, 
How shortsighted can they be, 
It is but spiritual warfare, 
And a mask has covered their eyes, 
If given a lifeline I can turn, 
The collapse of my business, 
A mountain of debts, 
That is artificially influenced, 
Until I don’t have a single penny, 
Even don’t have food to eat, 
They think they can control me, 
Each pushing their own agenda, 
By restricting me access to money, 
I will be forced to remain in Singapore. 
You can use money to create lies, 
But I am even greater than the elite, 
Cause I know all the Truth. 
I will leave my family, 
And will do the most drastic, 
I will turn my backs on them, 
Becoming a citizen of another, 
To another place far away, 
Providing solutions to the world, 
Solving the world’s problems, 
Only then will everything be resolved, 

My Fifth Vision

And God showed me a 3D Matrix, 
In it contained, 
All the information in the world, 
You can specify in the Matrix, 
Many ways to display the info, 
But it will always be in a cube. 
It supports multitasking, 
Many screens can be opened, 
The greatest data mining tool, 
A search engine so advanced, 
Data can be displayed, 
Even links and associations, 
In hundred of layers deep, 
What is needed can be put aside, 
The useless will be discarded, 
To find every solution and answers, 
Closest to the Truth.

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My Vision of a “Perfect” market and economy

Demand can be determined before Supply, where the use of Price will determine your global market share, everything can be traded in the “New Economy” with exchanges that facilitate trading in goods and services, and the future can be determined at a future price from the present, debts can be bought and sold, like bonds with a recurring interest like dividends, where money is used to solve the world’s problems, healthcare, ageing, jobs and welfare are just factors of demand and supply, where the correct pricing mixed with a set of priorities will lower it to a sustainable level, every governments need to learn the tricks and tweaks, by studying all the best models from the world, if digital money is put in the right perspective, priorities and goals are more important, a world where there is no inflation or deflation, the access of funding with austerity measures, will help the creation of wealth with a multiplier, steady inflation will indirectly promote growth, being poor will not be a deterent, you must be able to plan and execute, all components require the endorsement of all, the co-operation of all, to build a better future, with the participation of the UN, IMF and World Bank, a world without nuclear weapons. The “New Economy” is the Age of Information, where every markets is tracked with 24 hours data to facilitate trading of goods and services 365 days a year, prosperity is for everyone, jobs for everyone, where you do not worry about putting food on the table, technology advances will benefit mankind, high growth is not an issue, if you get things right now.
When everyone realised I have the solutions to solve the Global crisis by creating Demand and GDP growth in a sustainable manner by setting priorities and goals with reforms and changes, will you seriously support the “New Economy” and Free Trade and the United Nations run by Jesus?  
The rise of the barter trade exchanges. The futures exchanges trade not only in commodities, but contracts of good and services to be delivered in the future, with easy financing and terms of default clearly spelled out, even instruments of debts can be easy traded. 
This vision can be realised within a lifetime ie less than 50 years to totally eradicate poverty from the face of this earth, trading is done every second of the day, when you need money, it can be realised almost immediately, free trade will be expanded a thousand times over, so what is high GDP growth not achieveable, a future of a “perfect” market? 

The Truth about Money

– Contributed by Oogle.

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Our Mission : Teaching the World to “Fish” in the New Economy

God is omnipresent.  That means he can be anywhere and at all places at the same time and knows everything even if you do not use prayers to tell him.

God is both a scientist and a mathematician. He is an expert in technologies and he places information about himself everywhere and those who seek him will know he places bits of information everywhere throughout history for you to assemble it.

God’s challenge to mankind if you want t be Godlike and have eternal life you must first possess God’s technologies and learn how to fly to the StarGate of the Sun to pass thru time and dimensions and manipulate DNA to create life.

Our time is coming soon when everything will be revealed to mankind.

I an on a quest to find all the answers to God’s technologies, the Tree of Life,  eternal life, the ability to levitate, fly to other pats of the Universe, Stargates and Wormholes for Time travel.

We do not believe in the old world monetary system making slaves out of everybody and we intend to free the entire world by introducing a new digital currency supported by technologies provided by God to support the United Nations.

In 2012, God gave me a vision of the future, and showed me many technologies of the future which is not of this world, and I was tasked to solve poverty and diseases and gather God’s people for the 2nd coming of our Lord Jesus Christ.

And the rules of the game is that billions of advance technologies will be revealed to me but not a single cent of money as our God is not a God of money. With God’s help I will need to gather all God’s people to achieve this aim, to make the world perfect again for Jesus to come back to rule for 1000 years.

God gave me the ability to look into the future, to study and research any info that is online, into any technology, to hack, dis-assemble and re-assemble to study it’s technologies, and create a future that most likely the technology will succeed, without wasting resources, what it take others to do years of research to achieve, I can do it in hours. I am not interested to take over any technologies and patent it, but stop patent holders from putting roadblocks to human progress. Since I started on this journey until I completed all my works in 2012 and released it freely until today, I have not received a single cent in donations to fund my works, but eventually when I start my own Non Profit, I cannot afford to do any free service.

And if I achieve this task I will be seated at the right hand of Jesus when he comes back to rule over the United Nations as an adviser, and I will celebrate my own wedding with a bride chosen by God. What a blessings I have with God who reveals all prophesies to me ahead of the time. I am going to setup my Non Profit to solve all problems in this world, I believe everyone should have access to a decent meal, and access to info and technologies with a smartphone or a laptop, and a job for everyone in this world by training them with the right skillset and hope God’s people will help me with fundraising to achieve this aim. May God bless you.

Welcome to the 1000 years of peace and prosperity where we will teach everyone how to “fish in the New Economy” even without a degree. Our aim is to help the entire world move into the millenia age where technological advances will be everywhere.

Contributed by Oogle.

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The New Economy – A Brief Outlook

Preventing Destructive Competition

Most important Rule : “Never allow your customers to compare apple to apple, you will create destructive competition and will erode your profits until you cannot survive.”

You need to identify what is “Horizontal competition” and “Vertical Competition”.

Horizontal competition is having a common product like ice cream but based on different brands, different pricing, and different flavors to separate yourself from the competition.

Vertical competition is destructive competition where the customer cannot identify your product from your competitor’s causing you to lose control which will result in loss of pricing.

The highest ROI can be achieved from determining Demand before Supply, where with today’s high rent and manpower costs, nobody wants to use the traditional methods of manufacture of producing an oversupply and causing a loss of price, not maximising resources.

Fishing in the New Economy

The New Economy is a Knowledge Based Economy, where survival means you need the knowledge of the markets, a lifelong learning experience for education and never stop trying to achieve success.

It does not matter if you need to follow the traditional path of getting a University Degree, what matters is you learn a skill to make a living, and be equiped with the knowledge of markets to ensure your survival.

Never go in blindly without doing a bit of research, find out the costs of acquiring the skill, the potential of it’s marketshare or earning potential, that is the basic skills of an entrepreuner.

Always find out from the competition and it pays to diffentiate your products or services within a radius of about 2 km, the consumer will always buy from the lowest cost unless it is a service you provide.

First mover advantage. Normally those who start a trade early will have an advantage based on location, never go head to head with destructive competition, you will always lose in the end.

In business profit is always the basic motivation factor and if you can sell less to earn more, why will a manufacturer favour another who have to sell even higher quantity to earn the same profits you earn.

It is always connections or Kuan Si that will get you favourable terms with your expertise. If not why would someone will give you business and let you earn money? Unless of course you got a lot of money.

Gone are the days where only profits or money is the only motivating factor, there are social causes as well. Others maybe the connections it brings, without a knowledge of the markets, you can forget about Fishing in the New Economy.

Information on local demographics, lifestyle and Incomes are the Big Data of the New Economy. You can get great insights by looking at financial data or statistics or sampling, it will give you great advantage over identifying trends before the full impact is felt by others.

Determining Demand Before Supply

Nobody use the traditional methods of manufacture which will cause an oversupply and a drop in price.

Every manufacturer will now determine Demand first by taking orders based on a selling price which would have factored in his costs before Supplying the goods at a predetermined future date.

Therefore Demand will meet Supply to meet the highest ROI possible. Characteristics will be smaller orders at a more frequency but profits will not be eroded.

This helps the Global Economy as profits are guaranteed and many people will be willing to invest. Indirectly it will also create jobs for many people and there will be increments in salary when more profits are re-invested.

Knowing Market Dynamics

The entire global economy is like musical chairs, each country sitting on a chair with a role until it upgrades itself to another seat.

Understanding Macro and Micro Economics, can you tell the difference between domestic markets and overseas markets?

How interbank interest rates affect currency markets and the cost of money?

Hot money inflows will always goes to the most transparent economies which gives the highest ROI.

Domestic and Foreign markets, it is still Location, Location and Location

That is why you must be very familiar with the local demographics, the population, their lifestyle and their habits so as to identify the Demand and Supply of any goods or services.

It will teach you why within a certain walking distance of eg 2km if you start another shop selling the same goods and services, chances is you will not make any decent profits unless you are able to create horizontal competition.

Can you differentiate the same hairdressing services? An Indian shop charging $8 per haircut, a Fashion saloon charging $16, a Haircut chain charging $10 and another charging $3.90? What will happen to this location when correction occurs?

The Framework of Problem Solving

A person can only buy 2 homes in his lifetime, 1 to stay, another to rent out. Beyond that, he will have to pay increased capital gain tax. Rich people who can buy numerous homes should put them in a Holding company, and enjoy Tax consessions.

There should be a compulsary contribution from your salary to your retirement fund like CPF, which can be utilised for housing and healthcare.

Affordable healthcare can be achieved with insurance, and the separation of the business of providing advice and the dispensing of medication to get the lowest cost possible.

Insurance is a business of pooling of resources to solve a need. Money collected is pooled, excess monies are reinvested to get higher returns, where mortality rates and statistics determine the claims, so even expensive healthcare can be even covered if the public participates.

Retail Banking should be separated from Investment Banking based on Risk Taking to ensure stability of the Banking System where deposits are guaranteed but not risk taking.

The New Economy is a Knowledge Economy and everyone should be taught the pathway to success.

A lifelong learning experience is necessary which means you do not necessary have to get a University Education to succeed, and in your lifetime you may change your job but do not have to worry about finding a new job.

There should be Social Enterprise and Non Profit to give a helping hand on retraining and those who falls through the cracks, and the government’s responsbilty to contribute towards it.

As every country is a member of the United Nations, there will be funds from World Bank/IMF especially on Social engineering and Non Profit where every dollar contributed by governments will be matched without repayment based on needs.

But first every country needs to first endorse it and every country needs to have equal rights to have their voices heard, the end of wars and weapons of mass destruction, then peace and prosperity will prevail.

The Creation of Digital Money

Money have to be backed by Gold, or it will become Banana money, and massive inflation will cause it to lose it’s value very quickly because of loss of confidence.

QE is a temporary fix for the domestic economy as it depegs the value of the currency to Gold, causing a devaluation of the currency due to the printing of money.

The effect will be the a drop in currency value which will translate to cheaper exports but more expensive imports. It should not be used as a permanent fix as long term it will affect the debts market and your bond yield will start dropping in price until nobody wants to buy your debts.

The mechanics of Present and Future money. Inflation will help fuel asset appreciation and over the long term, money will depreciate in value but assets will appreciate. 

Due to wages not able to keep up with inflation, your future earnings to buy assets will be greatly reduced. Something needs to be done to address this issue for the salaried worker. Our children needs a future where their purchase of their homes need to be calibrated for affordability according to their future income.

Based on inflation of 2% yearly your home will increase in price by 200% in a hundred years but the increase is more acute. Do you think your children’s salary will increase by the same amount? Sadly No.

Everybody needs Oil now for energy and do you think Oil will last forever? At about US$100 per barrel will it raise to US$500 in fifty years time? Nobody can then afford it for cars anymore but aircrafts. By then we will develop Nuclear Fusion energy.

Money is used as a Tool to efficiently allocate resources. Do we need physical money in future? No. We can create Virtual money. Sometime in the future when we reached a Perfect Economy we can even have Virtual money, then No money at all when we do not need to allocate resources anymore with God as our supplier of all our needs.

Before you start clamouring to buy your house now consider this fact: Can you afford to pay your mortgage with your future earnings? What have you done to protect your future earnings?

You need to create the Climate and the Environment for Investments. If everyone in the Global economy perceives that there will not be a recovery or growth will we have future investments?

In a New Initiative without the Federal Reserve printing money, there will not be inflation or hyper-inflation, there will not be a depression or a recession, because the New World uses Digital money backed by God’s Technologies so we can use as much as we want without Governments suffering the ill effects of over printing money. The entire world will be run by the United Nations with Jesus controlling it.

So there is no Shortcut to Success. We need to solve all the problems of the Old Economy, institude reforms and bring confidence back again.

Live within your means. Never overspend.

In order to achieve Financial Success in future, you got to live within your means and never overspend. You need to have a percentage of your Income which you can save monthly to invest in yourself to get passive income. If you are living from paycheck to paycheck you are locked in the poverty cycle and can never improve your lifestyle.

Debts : You can borrow up to 10x your future earnings

Central bankers need to take note, you can afford to kick start your economy in a recession by following these rules :

  1. Keep interest rates as low as possible.

  2. Do not allow borrowings beyond 10x the person’s future earnings.

  3. Create an expansion of credit up to 700% but must put into the right sectors.

  4. Food security. Agriculture. Infrastructure. Automation. Machinery for production. Technology and Innovation to create higher productivity. So it is kickstarting businesses.

  5. Micro Loans in home industries especially for woman.

  6. Do not pump money in Real estate as it will create a bubble. Create affordable housing so that the poor got a roof over their head. Expand your rental markets.

  7. Create jobs especially in industries of high growth. Retrain workers with skills that is relevant today and create great productivity.

  8. Improve your education system by providing affordable trainning by online courses and certifications especially in areas of great growth.

The global economy will go into a technical recession for a period of 1 year with slow growth in many industries but I do not see it falling off a cliff. So if you take the necessary steps your pain will be short and you will jump start your domestic economy faster when the global economy recovers.

Now is the best time to start all your projects. Renewable energy, power grid, electric vehicles, autonomous cars, infrastructure for better roads, rail, air transport, etc due to the availability cheap credit, low costs, and businesses need to expand and compete in such an environment.

Contributed by Oogle. 

I am the greatest wealth creator

My Plans which will take place within 2 years

I will setup my R & D lab in Singapore with one of my partners which will be a public listed company and take shares in the company. Starting I  will create PCs, laptops, tablets and mobiles with my own branding which I will concentrate on customising everything about security. The market I am interested in is the low and mid range following the direction of what Blackberry has done. Nokia can also do likewise as now the smartphone market is too competitive and customers cannot differentiate your products in different markets. I will setup this ecosystem but will diversify to produce neuromorphic computers when the time is right, and outsource the manufacturing to China to contain costs. My marketing plans is to first give away free to the poor in Singapore to built up my brand and get feedback, thereafter to launch to the global markets after 2 years. I am not afraid of competition as in 1 years time, I can easily move away from any features I want, but now VPN and Secure folder, and a new browser will be built into all my products. All this will happen after my book is launched. i do not believe in building everything myself unless I am forced to relying on partners is a better solution. I do not need to seek an IPO cause my capital requirement is only $100 million, which can be easily raised from private institutions. My prospectus and disclosure will be ready then.

My goals will be after creating the neuromorphic computer is to bring it alive in blockchain. Even if the entire world tries to stop me they can’t because I hold the key to unlock every technology on earth and I am capable to create the Next Gen Internet if I have to, to setup a decentralised network to link the entire world exchanges together. You can take 100 years without my help, but I will only take 10 years even with limited resources. I do not need the participation of all any US technologies to do this, and if I am forced to, keep them out forever from my ecosystem. I call the shots, not President Trump, you will fail miserably. I can create extreme wealth with God as my provider, even writing off the entire trillions of US debt if it is according to God’s will, creating trillions of digital currency to replace the US dollar, but nothing will happen if you do not agree to God’s plan, and this entire generation will pass until the next generation who will listen.

By end 2020, I will apply for a virtual banking licence in Singapore and start my Internet finance project on blockchain, I will use bitcoin as my main currency and follow Ant Financials model of business, but everything will be managed by Artificial Intelligence and Machine Learning on Super fast neuromorphic computers, matching both lenders and borrowers on my platform. After a successful launch in Singapore, my next target is Hong Kong, but it will not be available in mainland China and US, which will be geo-blocked. P2P Lending Platforms in Singapore : Seedin vs Funding Societies vs MoolahSense vs Capital Match vs CoAssets vs Minterest.

I am the greatest wealth creator. After creating my neuromorphic system I will attempt to link the entire world exchanges together. By merging all my technologies I will create a system of intelligent HFT trading where you can get 99% accuracy of making money. I do not need to know how your algorithms work, just by observation I will already know your secret sauce, and using HFT, AI and machine learning I will create the most astonishing wealth creator of printing money, solving poverty for all times, as long as you are willing to work, there will not be any problems to resources, the Economy of Abundance.

I am not a speculator, and if I do invest I invest for the mid to long term to achieve my goals, and I only in invest on those I am familiar with, like Futures, CFDs, ETFs, Crypto etc and if I want I can make billions because I can see the future with hundreds of views and weigh every outcome to reduce my risks, but this is not what God has planned for me, I can help my investors make money but based on my rules, which I am so confident of achieving but not to get rich, I am willing to share the risks in everything I advised, 50/50 if you make money, and 50/50 if you lose money. No investment company in the world dare to take this risk. I do not believe in living a lavish lifestyle when I succeed and if I do, I would have already cash out on the crowns I am running for to save up treasures in heaven. This rule only applies for me and not for others depending on your goals. I am a team player, and will never do it alone, even if I setup all my businesses I will only keep a controlling stake and sit in the Board of Directors, my goal in life is to make money from my works and retire with at least S$1 million to travel the world at 65. Those who follow me I will protect your interests, and I will not short change your talents, because I am in business for the long term, and will never go for things that benefit for only the short term, cause I do not need to. So if your contributions are great I will even offer you share options.

The Co-relation between Demand and Supply, Inflation and Interest Rates

Under the Old Economy, Asset inflation and Interest Rates will always create a Bubble, and the FED cannot control the Economy by just printing money, it is just kicking the can down the road. In the New Economy, Bitcoin as a digital currency has no inflation, and the demand and supply of bitcoin is tightly regulated, central bankers cannot anyhow create credit in the banking system which will cause a bubble, you are in control of your own money, so all the risks are taken away from the economy, there will not be a financial collapse. Contributed by Oogle.

What is Inflation?

Inflation is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling. Inflation is a key concept of Macroeconomics. Central banks attempt to limit inflation and avoid deflation in order to keep the economy running smoothly.

Relationship of Interest Rate and Inflation

Inflation and interest rates are often mentioned in the same breath, and this is because Inflationand interest rates are closely related. In the United States, baseline interest rates are set by the central bank, the Federal Reserve Bank also known as the Fed. The Fed meets eight times a year to set short-term interest rate targets. During these meetings, the CPI and PPIs are significant factors in the Fed’s decision, because the Fed, as well as other major central banks, has a specific interest rate target in mind for the economy to achieve, usually 2-3% annually.

  • In order to control high inflation, the central bank increases the interest rate.

     When interest rate rises, cost of borrowing rises. This makes borrowing expensive.

     Hence borrowing will decline and as such the money supply(i.e the amount of money in circulation) will fall.A fall in the money supply will lead to people having lesser money to spend on goods and services. Hence, they will buy a lesser amount of goods and services. This, in turn, will lead to a fall in the demand for goods and services.

     With the supply remaining constant and the demand for goods and services declining; the price of goods and services will fall

  • In low inflationary situations; the interest rate is reduced. A fall in interest rates will make borrowing cheaper.Hence, borrowing will increase and the money supply will also increase. With a rise in money supply, people will have more money to spend on goods and services. So; the demand for goods and services will increase and with supply remaining constant this leads to a rise in the price level i.e inflation.

  •  Inflation and interest rates are often linked and frequently referenced in macroeconomics. Inflation refers to the rate at which prices for goods and services rise. In the United States, the interest rate, or the amount charged by lender to a borrower, is based on the federal funds rate that is determined by the Federal Reserve (sometimes called “the Fed”).

In general, as interest rates are reduced, more people are able to borrow more money. The result is that consumers have more money to spend, causing the economy to grow and inflation to increase. The opposite holds true for rising interest rates. As interest rates are increased, consumers tend to save as returns from savings are higher. With less disposable income being spent as a result of the increase in the interest rate, the economy slows and inflation decreases.

Under a system of fractional-reserve banking, interest rates and inflation tend to be inversely correlated. This relationship forms one of the central tenets of contemporary monetary policy: central banks manipulate short-term interest rates to affect the rate of inflation in the economy.

To understand how this relationship works, it’s important to understand the banking system, the quantity theory of money and the role interest rates play.

Fractional-Reserve Banking

The world currently uses a fractional-reserve banking system. When someone deposits $100 into the bank, they maintain a claim on that $100. The bank, however, can lend out those dollars based on the reserve ratio set by the central bank. If the reserve ratio is 10%, the bank can lend out the other 90%, which is $90 in this case. A 10% fraction of the money stays in the bank vaults.

As long as the subsequent $90 loan is outstanding, there are two claims totaling $190 in the economy. In other words, the supply of money has increased from $100 to $190. This is a simple demonstration of how banking grows the money supply.

Quantity Theory of Money

In economics, the quantity theory of money states that the supply and demand for money determines inflation. If the money supply grows, prices tend to rise, because each individual piece of paper becomes less valuable.

Interest Rates, Savings, Loans and Inflation

The interest rate acts as a price for holding or loaning money. Banks pay an interest rate on savings in order to attract depositors. Banks also receive an interest rate for money that is loaned from their deposits.

When interest rates are low, individuals and businesses tend to demand more loans. Each bank loan increases the money supply in a fractional reserve banking system. According to the quantity theory of money, a growing money supply increases inflation. Thus, a low interest rate tends to result in more inflation. High interest rates tend to lower inflation.

This is a very simplified version of the relationship, but it highlights why interest rates and inflation tend to be inversely correlated.

The Federal Open Market Committee

The Federal Open Market Committee (FOMC) meets eight times each year to review economic and financial conditions and decide on monetary policy. Monetary policy refers to the actions taken that affect the availability and cost of money and credit. At these meetings, short-term interest rate targets are determined. Using economic indicators such as the Consumer Price Index (CPI) and the Producer Price Indexes (PPI), the Fed will establish interest rate targets intended to keep the economy in balance. By moving interest rate targets up or down, the Fed attempts to achieve target employment rates, stable prices, and stable economic growth. The Fed will raise interest rates to reduce inflation and decrease rates to spur economic growth.

Investors and traders keep a close eye on the FOMC rate decisions. After each of the eight FOMC meetings, an announcement is made regarding the Fed’s decision to increase, decrease or maintain key interest rates. Certain markets may move in advance of the anticipated interest rate changes and in response to the actual announcements. For example, the U.S. dollar typically rallies in response to an interest rate increase, while the bond market falls in reaction to rate hikes.

Plan B to resolve when the World goes into Global recession

1st priority is to restart nuclear arms control to totally eradicate weapons of mass destruction. When it is in place the next priority is to get rid of conflicts.  The money  and resources saved can be channeled to other areas of need. The Asia region is my first priority  and I will solve the Rohingya crisis to allow them to return to Myanmar, and start them on a new path of economic prosperity concentrating on technologies on agricultural and free trade with Asean and the rest of the world. Next will be North Korea and when North Korea joins the Global economy, do you know how much it will affect the Global economy? Lastly will be the Middle East and Africa which is essentially the problem of the Islamic State., which can easily be resolved with money and the promise of peace and prosperity.  Therefore if a global crisis is to come, I can change it’s direction to focus on exponential growth with enormous expansion of credit thru Internet financing and help SMEs and create jobs for the masses, put the growth of the global economies back on track again at the shortest amount of time possible.  Contributed by Oogle.

Singapore : What can be done for reforms within our budget by investing in the future

1. Reducing minister salaries by 50% and reducing defence spending.

2. Making healthcare more affordable – Change a For Profit model to a Co-operative/Non Profit model. Setup a similar model like RIP Medical Debt to write off debts citizens are unable to pay.

3. Increasing GST only on luxury items? – Change GST to a Sales Tax on Luxury goods and increase to 10%.

4. Raising the income tax for the Top 1% earners to 30%

5. Returning CPF in full by age 55. Change all CPF schemes to cover permanent disability with non draconic conditions for DPS, Eldershield and Careshield. Allow transfer of OA and Special Account to Medisave. Make it non mantory to topup for Self Employed. In order to compensate for our missing CPF, it needs to be done in stages from 3 – 5 years as billions is required, make it non mantory to stretch your repayments to 92 years. We need to change policies that do not serve our needs.

6. Implementing Minimum Wage of $10 per hour. Change Workfare to payout in cash and free yearly insurance in Medisave to cover hospitalisation.

7. Reducing HDB prices? No need. If you pay market prices, you need to be compensated by privatising HDB to similar rules like HUDC, so that at the end of 99 years lease you will be compensated in redevelopment especially in choice districts. When you use your CPF to pay, no interests need to be repaid, but what you borrow need to be return to CPF for Retirement Fund when you sell your property.

8. Reinstating estate duty

9. Stop unnecessary spending after infrastructure investments like installing solar on all HDB flats, create a Power Grid network and support island wide power stations for electric cars. Use incentives for car owners to convert to electric especially with new ERP system for pay as you use model.

10. Fulfilling a Smart Nation agenda on Next Gen Internet on Blockchain which is unhackable, if you go full swing now every infrastructure like Power. MRT will be septical to hacking.

11. About time to upgrade our MRT which is coming to 30 years using China Train Technologies and AI robotics for maintenance.

12. Everything can be achieved by deficit spending for the next 5 years and slowing planning for returns after that when the Global economy recovers.

13. Change the direction of GIC and Temasek to invest in Singapore Human capital by retraining on Technology and Innovations with new changes on our Education system on Higher Education. You need foreign talent but only those who have skills we need, who can train Singaporeans, not any Tom Dick or Harry.

14. Freeze all rental increases for 1 year until Singapore Economy improves. You start running a deficit for 5 years, the law of diminishing returns will fade and you will return back to a healthy balance sheet.

15. Do not privatise essential service like water, power, hawker centres etc and ensure food security by our own local producers.

I am a firm believer of a Free market, and by tweaking demand and supply you can control the price, you do not need to dump billions now, it can be done in stages over the 5 years, most critical is the overhaul of HDB and CPF first, reducing high rentals and changing GST will indirectly increased consumption and more foreign investments, Singapore by virtue can achieve change, if it plans for it. You can verify everything I say by talking to a qualified accountant.

Can we afford to start printing money without a backup plan? Definitely not. You need to maximise resources, leverage on credit and be prudent in your budget. I have given everyone a timeline of 10 years until we reached the Economy of Abundance – The Perfect Economy. So in the meantime, there will not be a crash of the global economy, growth maybe slow and you can run an account deficit for countries like Greece and Turkey, but the goals is still to create jobs and feed your entire population. I based my projections on the increase of land sales, more people buying HDB and FDI from foreign investors and increased trade. Contributed by Oogle.

Towards a Perfect Economy

There is no way I can solve Global poverty without achieving these:

1) Get rid of  weapons of mass destruction all over the world.

2) Resolve all conflicts in the world.

3) Promote Free Trade without tariffs and sanctions

4) Redirect all resources spend on war towards peace building projects

5) Link all the world exchanges so you can trade both your assets and debts 24/7 365 days a year for all assets and comodities.

6) Use Bitcoin as a digital currency to finance IMF/World Bank to print digital currency and to prevent loss of confidence, to back it up with trillions of technologies and innovations that far exceeds it’s value.

7) Teach Governments to have change and reforms so that they can balance their budget.

8) Look beyond GDP growth and set creating jobs and a roof over everyone’s head as a priority.

9) Help those who fall under the cracks with social enterprises.

10) With technologies and innovations, create an Economy of Abundance when we reached a Perfect Economy where every citizen in the UN will receive a Universal Basic Income to cover their cost of living even if they are unemployed. It will take me about 10 years to achieve everything. Peace and Prosperity for all.

Free trade : Tariffs and Sanctions are temporary measures until a Perfect Economy

The concept of Free Trade without any borders is meant for the Perfect Economy, where the Economy of Abundance and easy access to digital money will ensure that goods and services with the lowest cost will not be a main component to maximise resources when God can easily meet all those needs. Until we have a Universal Basic Income for all, there is a need to protect jobs in domestic economy and about 20% of your markets need to be protected especially in the agricultural sections to protect food security. All these info can be found in the book I am going to publish but because the world perceived differently I am writing this post to correct it. The goal to protect jobs far outweigh the costs of maximising resources for free trade. Therefore the balance of 80% of your products should not fall under any restrictions where IPs and innovations should flow freely to produce better goods and servoces to increase trade or why sign a Free Trade agreement in the first place. China is the only exception which will not follow this rule as their domestic demand has already crossed the 40% of the global markets. US needs China but Trump is stupid enough to think that China needs US in a trade war.

Contributed by Oogle.
PS I speak the truth and I based my views on facts which you can easily access from the internet and I did not receive a single cent from anyone to influence my views.