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how an engineer will fix the economy | Jobs Vox

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Many small business owners have been asking me how the economy will be in 2023 and what can be done to improve it.

This week on The Small Business Radio Show. Jarl Jensen believes that we need to take an engineering approach that can fix our economic problems. He is the Forbes Books author of “The Big Solution: Deactivating the Ticking Time Bomb of Today’s Economy.” Jarl is the founder and president of Inventagon, a company that builds simple research and development solutions for organizations around the world. He holds patents for medical technologies that have exceeded $1 billion in sales. Jarl founded EuroMed, which he sold in 2016, and has written five books about the economy and its relationship with society.

how an engineer will fix the economy

Jarl says an engineering approach can fix our economic problems; “We have inflation because people got free money without working and then of course there are supply chain issues. To change society, we need to look at how the Federal Reserve operates. ,

He states that “the Fed prints money so that member banks can borrow and then lend money to corporations and consumers. This greatly limits how money moves into society and is inefficient. Currently, money restricted and so rates go up to prevent inflation, but people lose their jobs. The price we pay for this system is huge.”

Jarl’s solution is to get the federal government to stop throwing money at the biggest problems that don’t work. “It’s a huge contrast to commercial businesses that can be laser focused on solving issues. Engineer the Fed and use the free market to solve problems.”

He would solve the problem of poverty by using direct deposits from the Fed, such as $5 a day, to give people the ability to take care of themselves. “The government is spending these trillions of dollars through safety nets anyway! It’s much more efficient!”

Hear Jarl’s interview on The Small Business Radio Show.

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Image: Jarljenson


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