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South Africa's main online financial magazine

The Ingram Team is becoming the best established team of radical mainstream and practical thinkers that may have a solution to the world's economic woes.

In line with Occam's Razor - a touch-stone for what is likely to prove the best theory, which is 'simplicity' - all of the world's imbalances can be explained by the fact that we are ignoring Adam Smith's law of pricing. Simple.

To Glimpse the book Entitled
'Restarting Economics with New Architecture'
The main Website, upon which the book and also the below-linked weekly series of essays are based, is HERE or:


http://macro-economic-design.blogspot.com


The links given thereon, include details of the team, supporting the book on this website is some background on the author.


THREE  5-MINUTE VIDEOS


Fin24 has also published three 5 minute videos in which Edward Ingram, the main researcher, is interviewed in the studio. These explain:


1. How Investors can beat the market - not so easy now because policy changes too fast - the policy makers are confused. At least they admit it.

2. We have responded to the Bank of England's invitation to explain our revolutionary new government debt structure. It will become the first ever investment to provide complete protection to wealth.

3. Why Currency price movements are confusing and where to look for a solution 

A fourth Video, made privately in August 2010, explains some of the attractive  features of ILS Mortgages:


The Fin24 essays go into more detail:


If you want to give your own views or just stay informed about what is in progress and when the book will be published you can join this discussion group at LinkedIn.

If that link fails then Google these words: "MACRO-ECONOMIC DESIGN at LinkedIn"
Membership is limited to financial and economics sector people and the media

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MAIN FIN24 LINKS

THE FIRST FIVE WEEKLY ESSAYS SET THE SCENE


THE COMBINED ESSAYS 1 to 14  
DESCRIBE WHAT ONE MIGHT CALL 

THE INGRAM MODEL FOR A STABLE ECONOMY
 MARK I


INTRODUCTORY ESSAYS

01st Essay - Fin24 – On Mortgage Finance. This essay applies to EVERY nation despite its title. It explains how and why mortgage structures and conventions create housing sector crises and instability in general with far reaching effects for the whole economy. The title given does not exactly explain this content - UK Mortgage Muddle – 30th October 2013 – First Essay

02nd Essay - Fin24 Finding Financial Stability

03rd Essay - Fin24 Wealth Bonds - a VERY important essay for getting politicians and treasury officials interested. 

This has now (2013/14) become the subject of ongoing discussions between the Bank of England and the IMF both of whom Edward has persistently lobbied for several years.


04th Essay - Fin24 Out of the Box economics - THE reason why economists are looking in the wrong direction - they are not trained to look at how to fix unstable savings and debt structures. Instead they are trained to predict the resulting behaviour and to make interventions which confuses everything.


05th essay ELECTION WINNERS - The way to get politics involved - everyone wins.




CONCEPT ESSAYS

06th Essay AEG Baseline – “Average Earnings Growth (AEG) is the investment benchmark to go for, says Edward Ingram.” 


This essay bends minds because it is not a familiar landmark in economics, BUT it is very interesting. The essay is not the best on the subject - sorry. 



There are many ways to say that this definition of AEG is the best one to be used. It is true to say that different definitions may be needed for different purposes. Edward has selected a national average index as a starting point because it can be used as a useful benchmark for investments and interest rates.


07th Essay – How to preserve wealth (NAE) This essay is based on the previous essay and again it is mind bending but basically true - 

Wealth preservation is NOT the preservation of purchasing power. It is not linked directly to prices inflation. It is linked to AEG as all investments and interest rates are.





CURRENT ISSUES

08th Essay Low Inflation Trap (QE tapering trap) and why not yet accepted - the understanding got lost in the sub-prime scandals. But the Low Interest Rate trap that made the crisis inevitable anyway, still persists.The source of financial instability lies in the debt structures. It has laid a trap for policy makers.

09th Essay – Safe (Savings and Borrowing) Alternatives – 24th Dec 2013 - safe savings and borrowing alternatives that can be safe despite the instabilities that follow from low and rising interest rates and possibly very high levels of inflation

10th Essay – Better Business Finance = More of the same but all of these are what we need for sensible and reliable financial panning, financial stability, and life in general



ANOTHER CONCEPT ESSAY

11th Essay – The Pure Inflation idea – A very interesting and popular essay - Edward Ingram explains how economies could be enabled to sort themselves out.


Near pure inflation can be created by the proposed new debt structures. Pure inflation can be low, medium, high, or negative (deflation). A well designed economy can ride these conditions without most of the usual problems.



HOW TO ESCAPE FROM THE 

KNIFE EDGE OF

 QE INSTABILITY

12th Essay – How to Escape from QE Jan 15 2014
Edward Ingram proposes a remedy to the quantitative easing conundrum based upon all of the above.


13th Essay - A Safer Economy for All - PART 2 of the above. Jan 22nd 2014

KEYNES VERSUS INGRAM -
TWO DIFFERENT STIMULATION PROCEDURES FOR TWO VERY DIFFERENT ECONOMIC MODELS

14th Essay - OPINION Jan 29 2014  
Edward Ingram aims to fix the instability scenario - and emulate Keynes.
If a Stimulus is needed, this is how to do it...combining printing money with the pure inflation concept. No debt created, no harm done.

MOVING FORWARD TO THE MARK II AND MARK III MODELS

These further essays are on currency stability (the MARK III Economic Model) and management of the business cycle (the MARK II Model) which is based upon the MARK I Model already being in place.

15th EssayInpursuit of stability – Edward Ingram expands his theme of creating more balanced economies.


Interest from the Bank of England, the IMF, and others in Edward Ingram's  Wealth Bonds is announced. 


16th Essay: A Level Playing Field for all savings and debts will solve a lot of problems.

17th Essay: On Currency Instability. The text books are NOT being followed...so what is the alternative?


18th Essay: Examples of conventional but very wrong thinking on currency issues. 


19th Essay: The Wrong Way Forward The trouble with economists is they need to unlearn so much, says Edward Ingram.



20th Essay: A New Model - What Next? This essay discusses the issues addressed in these essays so far and mentions some others that are trying to find solutions.



21st Essay:  Let's find a better way. Money Creation and Credit Control are out of control - what is to be done to correct this?



22nd Essay: The case for Wealth Bonds. A report on what we are telling the Bank of England / IMF and others right now regarding Robert Shiller's proposal for a new form of government debt.



23rd Essay: Essay 21 continued. A New way of Creating Money. Prof Steve Keen says that depressions are different from recessions. They are characterised by an extreme debt cycle in the private sector. A solution beckons.



24th Essay - The Money Supply Plan Creating the Money Supply Authority (MSA) to stabilise demand.



25th Essay - Curing Money Supply ills - and the problems related to that - like the present crash and aftermath.



26th Essay - Changing the Money Creation Method may be easier than you think.


27th Essay - Why the rand is unstable - A single currency price can only perform one function.

28th Essay - Meeting of Minds - The IMF and others are exploring this same idea - an alternative to fractional banking.

29th Essay - The beauty of balance - Keeping an economy balanced is key.

30th Essay - Why we need Wealth Bonds - the is a way to enjoy cheaper financial services at no risk.

31st Essay - The stability principle - keeping mortgage costs and property prices stable - there is a way

32nd Essay - Keeping the balance
An alternative to the interest rate instrument should be used to keep the economy in check.
33rd Essay - Making market forces work - An economy that rebalances itself is within reach.
34th Essay - Taking on those that scam our wealth - The House of Commons debates a topic straight out of these columns at fin24.
35th Essay - Ending financial robbery - How to create a more stable global economy.
36th Essay - Escape to normality - A safe banking sector and financial stability..
.37th Essay - Simple way to sane prices - Our best economists seem to be lost - why so?
38th Essay - Is deflation damaging? - Japan's lost decades: fact or fiction?



A NEW SECTION


LESSONS LEARNED FROM NATIONS NOT FOLLOWING 


INGRAM'S GUIDELINES



39th Essay - A Lesson from Switzerland 
fixing currency prices leads to a fracture

40th Essay - A Global Lesson from Greece - Wrong debt structures led to a Greek Tragedy.

41st Essay - Ripping the Economic Canvass -  A simple explanation of why economists do not understand the subject nor what to do to get the world economy back in balance. 

42nd Essay - Why banking is so risky -   Sub-title "Bond values' interest rate sensitivity blocks economic progress, says Edward Ingram."This might have been titled "Why Central banks cannot raise interest rates."

Essay 42 also introduces Ingram's Risk Management Chart and the mathematics of safe lending to Fin24 readers. 

Essay 43 - New Era for Civilisation - When the robots kick everyone out of a job. How finances will work when we have 98% unemployed and robots look after us all.



Brief Overview - look further down this page.


If you are late or cannot locate a particular essay try a search on the www.fin24.com site for "edward ingram", You will find all of the essays that way.



THE INGRAM ECONOMIC MODEL 
MARK II AND MARK III
These are now being explored by looking at money supply stability (MARK TWO) and currency stability issues (MARK THREE)

These are dealt with in the later essays.

Links can be found from reading the later essays and seeking the 'similar articles' links.








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