The Future of Banking
Abhishek Kothari
2121

Hi, since you are familiar, will you please examine a suggested rule for international banking?

All sovereign debt shall be backed with Shares of global fiat credit, that may be claimed by each adult human on the planet, placed in trust with local deposit banks, administered by local fiduciaries and actuaries, exclusively for investment in secure sovereign debt, as part of an actual social contract

This global economic enfranchisement includes each in the foundation of our global economic system..

..provides each with a quantum of secure capital, personal trust, bank account, basic income from an equal share of the interest paid on global sovereign debt, personal sovereignty, access to credit for home, farm, and/or secure interest in employment at the fixed sustainable sovereign rate

Banks may create an account product available to each if each may claim a limited right to loan money into existence to place in trust

With each included in the process of creating money, the financial security provided by governments will be equally distributed to each, instead of claimed by those with money

Tying all currencies to a standard fiat credit must necessarily stabilize exchange, if not eventually reduce the number of currencies, potentially to one…

..and providing ubiquitous access to sustainably priced money for secure investment, along with the displacement of the vast amount of money currently backing sovereign debt needing to be reinvested in commercial debt, enables saturated spending, where spending is limited only by availability of material and willing labor

I will appreciate any observations you have about the notion..

..thanks for your kind indulgence

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