The Economy — of Risks and Common Sense
Oluseun Onigbinde
447

Please consider a small change to international banking, for the provision of global economic enfranchisement?

There clearly is not enough money in existence…

…and those who may simply loan money into existence deny this power to others, demanding unreasonable and unsustainable interest on the use of this created money

If we accept that each adult human deserves an equal share of the interest paid on money that is loaned into existence, since we are ultimately the source of the full faith and credit that demands the interest, then we may simply enfranchise each…

… by requiring sovereign debt to be backed with Shares of fiat credit, that may be claimed by each adult human on the planet, for deposit in trust with their local bank, exclusively for investment in sovereign debt, as part of an actual social contract

By standardizing the fiat backing our various currencies, and limiting the total amount of fiat credit available to a quantum value times the number of humans claiming Shares, expanding each currency proportional to population, we stabilize this value, and exchange

I do hope you will consider the notion, and thanks so much for your kind indulgence

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