Economic Solution Against Corruption & Stagflating Market

Most of the economic revolution is formed by how people turned themselves around in dealing with regular inflation and the behaviour of the market. It all starts from a single unit and comprises of a large entity, all of which are the important sources of how financial conditions act upon.

It is quite a sorrowful fact to look out to some of the countries of the third world how fragile the national economy is and people finding problems to adjust to different adverse conditions.

It is not about the development of the population, but some of other factors such as : uncontrolled corruption, money heist, bad distribution and unjust governance system and private sectors not moving with a proper pace.

Few days ago, I narrated some of the cases get going all over the world and specially how "capitalism" grasping the whole of the market, holding the lion share of the trades and keeping other majority of stake-holders to sit back and watch scarcities in own funds and quite minority to enjoy the remainder.

Such type of monopoly is bad, in fact capitalism is everywhere and with enough effort raised and a wonderful combination of wit, intellectuality and diligence - the market capture was possible.
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What about the personal stock of assets and a person keep compiling $2, $3 each day and raising multiple stream to grow up years after year?

Is it not a personal capitalism get going although the other "market competition or monopoly trends" are absent. As I said for an economy to grow on, more freedom should be given to the common people, but unfortunately it is absent in so many nations and every government structure, most of the adverse conditions are in the society where third world is comprised.

Some of the existing banks are state owned in most of the countries, and some are semi- commercial. But they frequently listen to the government calls and policies set by particular departments and directives.

There people endorse money to get a profit, calculating their own assets and with paper currencies channeling in to those financial authorities. It is way easy to know what sort of interest rates they provide and not much improvement made for this.

Traditional method, same results and back to the bad start.

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I quite sometimes met with some of the young people out here on my locality and discussed some of the issues and problemsproblems of unemployment and how they can be tackled with new initiatives taken arising of circumstances. Getting to know and counselling how to raise entrepreneur efforts, opening up own blogs, crypto trading, or doing anything to support own income sheet with a passive income etc boosting the health of personal economy.

What by dint of corruption has challenged is the national economy has plugged out of supply chain and no good distribution is on display, lack of incentives and ensuring of job creation and solving unemployment problem. If that happens so, then the best option is to solve own problems alone.

These incidents conclude as to the reality based realization that, even such technologies are developing - the chances are greater to utilize the tools and fill up the gap between economic abundance and scarcity of living materials.

I believe young generation would do that make growths in personal economy and as a whole to the nation and greater international community.

Posted Using InLeo Alpha



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