“Only round water rings dispelled and disappeared. Bubbles puffed like fire were quenched under the surface. And then it was quiet.”
– J.M.K. Walkow, Blazing Night, Blue Earth
Can a multi-trilion economy build free services bubbles?
Can a formula be established to measure the size of the free services bubble?
Does it feel like deflation?
Yes, using a Naturalistic Fantasy (NF) growth formula:
2% productivity + 2.5% number of jobs – 2% free services = 2.5% GDP
after the free services bubble increase and adjustment applied:
2% productivity + 2.5% number of jobs – 1% free services = 3.5% GDP
Federal Reserve’s Open Market Committee meeting on December 16, 2015
Stocks Could Rise 10% in 2016, Morningstar, Knowledge@Wharton interview professor Jeremy Siegel
Trading Economics: US Nonfarm Labour Productivity, US GDP Annual Growth, US Employed Persons as of January 8, 2016
Blazing Scribbles, J.M.K. Walkow, ISBN 9780986656460
Blue Earth – The Body, J.M.K. Walkow, ISBN 9780986656446
Naturalistic Fantasy, J.M.K. Walkow, ISBN 9780986656422
Blazing Night, J.M.K. Walkow, ISBNs 9780986656415, 9780986656408