Welcome to 22^nd Century Economics: A discussion for a better world.

Early in 2001 our company had several layoffs. When the first layoff occurred, our supervisor gathered us to discuss how it will take place. During this discussion, he said something which made my throat drop into the stomach. That something was “We’re going to lose good people.” That small sentence sparked years of contemplation. How can a system be developed to not “lose good people” in economic downtimes? This was my first problem to solve.

In the course of development, I realized that this system could be a framework solving not just issues in the United States, but to help desperately poor countries build up their economy, and diminish atrocities across the globe. Below is a partial list of issues which this economic system solves.

1) Increasing taxes for the following:

            a) Health care.

            b) Education.

            c) Welfare.

            d) Social Security.

            e) Transportation needs/repair.

            f) Research and development projects.

2) Worldwide issues:

            a) Slow movement into cleaner forms of energy.

b) Issues with lack of food supply, health products, raw material, and education to poor counties. Issues with slow economic development by poor countries.

c) Forced prostitution.

d) Warring over natural resources.

e) Worldwide drug epidemic.

So what makes this economic system different then our current one? There are 3 primary changes I’ve made which separates our current system to this one. These changes are 1) fixing all raw materials, food and water prices, 2) utilizing a Multiplier effect for businesses and their relation to helping the “Human Condition” and 3) the most significant I believe, is the development an infinite money supply system.

Each of these and others are discussed later and most importantly how the world could handle an infinite money supply. Even I would argue we have that system in place as we just keep

“printing” money as we see fit. However, due to the framework of our current system, additional money simply adds to inflationary factors which are not present under my system because I’ve designed the system around the Infinite money supply.

To say the least, this is only a skeleton of a system. But mankind didn’t go from Feudalism to Capitalism in a day. My hope is to get business people, government leaders, economic and cultural experts and future thinkers involved helping develop this into a working system. As you will read, SO many of our current problems can be solved. Mankind has the intellectual resources to do so; all we need is the will.

Best wishes to all and please contact me.

D. Bumgarner