Swiftonics. is it A new vocabulary of economics? A new genre of music? Both are more likely than not. If anyone refers to the impact on economics due to musician Taylor Swift, it's Swiftonics.

As a singer and songwriter, Swift now needs an introduction. But not only American economy, but the entire world economy was positively affected by his presentation, so it was necessary to study it.

That's it, Swiftonics. Swift's 'Erase Tour', which started last year, is not yet over. It is gaining momentum. At least he has earned more than a billion dollars from this tour. As the tour progresses, his earnings continue to increase. Now it is said that he is not only a musician but also a good businessman. What he knows best is how to earn more through music.

One obvious reason for this is his music, his personality. She is very popular. His fame is not limited to America. It's all over the world. Especially among the young generation, his popularity is high. Again his personality is attractive in itself. she is beautiful There is a lot of laughter. She also has her own fashion style. What she eats, what she wears, where she lives and whom she meets, is affecting the whole world.

It's about adding meaning to everything. Specifically, Swiftonix. According to Forbes magazine, there is no one who earns as much as he does through music. Again he is not limited to music. Other musicians have also earned lucrative means in their time. But they were limited to that. But Swift invested her musical earnings in other ways and became richer by the day.

photos: AP

In the music industry, Swift does what she says. Like, a concert thing. The organizer should give him more than the amount he earns from the tickets for the concert he attends. If so, how will the organizers earn? For that they chose another way, selling food and drinks during the concert. So what organizers want is for Swift's concertgoers to get to the concert venue as soon as possible. Spend as much on tickets as on other things.

Not only that, Swift's fans are starting to get there not only on the same day, but even earlier to see her concert. They are starting to go on tour from one continent to another. That too just to see Swift's concert. As a result, the market started to move. Many people benefited from this. The economy started to have a really good effect, even more than expected. Hence the term, Swiftononics.

Full story begins, during the covid epidemic. At that time, the average person's savings in the United States decreased. The pearl industry in particular collapsed. That's when Swift's 'Eraze Tour' started. Even in that odd situation, what Swift said would have happened. In a way, he runs it like a monopoly business. Therefore, it is not that there is no strong criticism. But that didn't matter to Swift's fans.

It was rather surprising that Swift's fans were willing to spend their meager earnings and savings to see her. If those fans knew anything, the days ahead could be even tougher. Maybe, the economic recession will continue. But the fans didn't care. Every fan spent at least 1,300 dollars on the first phase of the 'Erase Tour'. This suddenly brought relief to the American hotel industry. From

hotels to restaurants, the income of everyone connected with it started to increase. Believe it or not, because of Swift's tour, the income of major cities increased, many people started getting jobs. The biggest thing is that economic activity has appeared. This process did not stay only in America, Swift went everywhere, its influence began to fall there. She went to Tokyo, then Mexico City, Edinburgh, Liverpool and Cardiff. Such a unique effect throughout.