I’ve an idea why, and how it ought, instead
There isn’t enough money
Economic things make folks vacate, so please mind just a moment, it’s easier than you might think
For each adult human on the planet to receive a sustainable income of $1,000/month, there will need to exist $1,000,000 of capital producing a sustainable 1.25% interest… and seven or nine quadrillion doesn’t exist..
..estimates range from a little less than one, to a quarter of that..
…so no matter how hard, or smart each works, there simply isn’t enough
Since money isn’t backed with gold any more, money is loaned into existence.. the interest demonstrating the value of money, and the borrower’s support of that value
This is the core of the inequity, because the people with all the money make the rules about who is worthy to create money, and how much they need to pay
Global economic enfranchisement can be provided with a rather simple 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
These Shares give each the right to loan $1,000,000 into existence to finance secure sovereign debt, and to receive an equal share of the interest paid on global sovereign debt
To secure this new money, the Shares shall be deposited in trust with a deposit bank, administered by local fiduciaries and actuaries…
..so each deposit bank holding Shares in trust will have a surplus of sustainably priced credit available for secure sovereign investment
Sorry as I can be about the way things are, but that has been my life as well, and I’ve only just had the time to think about it proper…
..and I may be on to it, because the gatekeepers won’t talk to me
Thanks for your kind indulgence
