This paper series proposes a New Financial Model for the economies across the globe to solve the economic problems they face. New Financial Model proposes two new concepts: New Financial Tool based on Future Money (FM) and New Universal Pension System. New Financial Tool aims to help authorities—including central banks and governments—and market participants manage aggregate demand, support recovery from low-growth periods, and maintain economic growth and employment during high-interest-rate periods while addressing inflation, stagflation and maintaining financial stability. New Universal Pension System aims to provide universal old-age financial security.
Paper-1: talks about the concepts of consumption and saving behavior of individuals in history and present. It mentions the present solutions to handle the low/high growth period and also discusses various topics from Keynesian Economics to come to the central point for the new financial model.
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