Several Topics

If you want to copy and paste this into a Word document, try Word’s Paint- Paste Special- Unformatted Text for pasting. For example, you can copy and past the entire text in a Word document, delete as you read, then summarise the parts that are most relevant.

Solution Stimulators- how other countries have dealt with hyperinflation in the past

(Any applied solutions should carefully take into consideration each country’s context priorities)

If you are trying to do a % on a country with hyperinflation, this page gives 5 specific examples of how hyperinflation was solved in the past:

www.bbc.com/news/business-45523636

This is a really interesting solution stimulator:

www.thebalance.com/what-is-hyperinflation-definition-causes-and-examples-3306097

Try the specific word combination

“How to Solve Hyperinflation” (without quotation marks) in Google.


Recessions can be within local areas too- it’s a mosaic of jobs/incomes areas and recession areas

People think that recessions are a country-wide or region-wide thing.

However, recessions are also applicable wherever there is less spending within an economy, and you can have many different areas within a country, some in local recessions and some in growth areas.

While they are technically defined as “a decrease in GDP growth for __ quarters”, in practice, they mean a recession spiral in most parts of an economy (although you can have mini-recessions in some parts). The next solution stimulator looks at two “of the people” ideas for how to slow down, stop and reverse recessions.

 

 

Food choices and problem solving ability

I don’t think that people should underestimate how important food choices are for the process of reaching economic goals.

People are often addicted to junk food, but this doesn’t give them long-term energy throughout the day, the type of energy needed to optimise problem solving, or the vitamins and minerals needed to be prioritised for a certain level of wellbeing.

Because people, especially less educated people, are often addicted to junk food for short term feelings instead of what is effective for four hours of energy.

This includes foods like beans and wholegrain bread, which are not only excellent for 4 hours of low-Glycaemic Index energy but are filled with rare and much needed vitamins and minerals

Wholemeal grains, which doesn’t have much vitamins and minerals (so isn’t that good for wellbeing) but has 3 hours of low-Glycaemic Index energy.

Certain types of teas, like green tea, which not only gives hours of high quality energy but also calms you down and optimises focus. It’s very good for you.

Enough water, because your body is made of water and needs to frequently replenish this most core need.

Previous
Previous

Inequality

Next
Next

Developing Countries and Export Specialisations