P J R M I

J O T
R R ´
G S
A
M O R G A N A
To: Bill Morneau
B
I T ´ S A B O U T B A L A N C E House of Commons
U Ottawa, ON
T
K1A 0A6
B Canada
A
L
A To: The Honourable Bill Morneau, P.C., M.P.
N
C
E Regarding: New School of Economic Thought and Economic Growth.

Wednesday, 10th June 2020.

I am a macroeconomist located in the United Kingdom and have my own school of economic
thought 'Morganist Economics', which the British government uses extensively. My work has
been used to sustain economic growth over the last decade, which it has achieved effectively
attaining the targeted two percent of real GDP annual growth rates consistently. This was
made possible by altering the amount that can be paid into pension schemes annually and by
reforming pension regulations, significant treasury cost efficiencies were also generated.

I have developed a new macroeconomic control mechanism using alterations in pension

saving which has enabled economic growth, inflation and even the base rate of interest to be
managed. The pension saving mechanism has kept inflation and the base rate of interest low,
resulting in a reduction in the cost of paying interest on government debt. This process of
changing the pension saving rates to prevent inflation rising reduces the cost of index linked
gilts, it also avoids the need to increase the interest rate reducing the repayment costs of debt.

I have since used the pension saving economic control mechanism to stimulate economic
growth during the low growth deflationary period. The technique called 'Pension Pumping'
reduces the amount that can be paid into pension schemes to encourage spending. Although
the annual pension contribution allowance decreases during this process the reduced amount
is still sufficient to enable the pension saver to reach the full lifetime pension saving personal
allowance over their working life, the pension saving process has been efficiently optimised.

I have provided documentation on the technique including a website with articles, four books
and an archive of correspondence I have conducted with the British government. I make my
work available to you through providing you with new techniques and policies that you can
use to implement effective economic governance. I also have a range of pension and banking
products that can be used to save and make your government billions of dollars every year. If
you are interested in a new product development business venture I can provide the products.

Kind Regards.

Peter James Rhys Morgan.

Website: morganisteconomics.blogspot.co.uk
Copyright © 2020 Peter James Rhys Morgan.