The new economy is microeconomy, then what is nanoeconomy?
Microeconomy is an economy for each company, there are a million businesses. Nano economy is individual economy for each of the 4.8 billion people. Our income or wages, our investments, our daily spendings and our borrowings made of this nanoeconomy.
Gross economy can not be controlled is obvious. Microeconomy is managing each business separately. Well run business, expand and create jobs. The microeconomy is controlled by Wall street analysts, who can advise each business to expand. Microeconomy is studied by annual reports published on the internet. Feds should develop indexes of total revenue, productivity, profitablity, and direction of business development, etc. from internet "hard" data.
Now we are ready to do land development, because economy has progressed to readiness. Each person's individual economy will be controlled by their credit. The ability to purchase homes and repay their mortgages is related by microeconomy. Only after the microeconmy is fully controllable can the nanoeconomy be developed and controlled.
Credit is controlled by liquidity. And liquidity is controlled by the Federal reserve bank and their member banks. So, Feds has to develop data to control credit. It is not by credit reports, but by credit applications. Today, credit is not controlled correctly, because data is incomplete. "Credit card" credit is offered not applied for. So, Feds has to have a computer to track applications of credit.
When all the nanoeconomy is added together, it becomes a gigaeconomy. |
