Ideal policies under structural change in global economy
ANBOUND
While facing the structural change in the global economy, macro policies of different countries in the world should maintain flexibility. Anbound believes the ideal policy operation is to increase the government's liability, reduce individual’s liability to release purchasing power, under the pretext that the government is absorbing the oversupplied capital. Based on the assumption that governments will attract massive capital, governments can initiate tax reduction measure to improve the public’s consumption ability. The government’s long term bonds and tax reduction can be a combination of hedging tool to allow it to be adapted to market changes in different countries.