stephenstillwell
Aug 26, 2017 · 2 min read

Why not consider a wholly market based basic income?

Why not adopt a rule for international banking to include each in the foundation of our global economic system?..

..to provide each with a quantum of secure capital?..

..a Share, existentially connected to a unique set of biometric data, empowering the holder to loan an amount of money into existence for the purchase of secure sovereign debt?

Requiring sovereign debt to be backed with these Shares of standardized global fiat credit will then assure each receives an equal share of the interest paid on global sovereign debt…

..as a basic income from owned property, from the bank that invested the Shares in the individual sovereign trust accounts

Global economic enfranchisement is people centric, embraces globalism, distributes economic power to individuals…

..and it also acts as that global tax on capital, without the irritating valuations and collections and records… because we just take it from the creation of money

In this way the more money sovereigns can afford to pay interest on, the more there is to use, and the higher the basic income…

..by requiring created money to be invested in secure capital/improvements/infrastructure, at a fixed sovereign rate below sustainable growth, we enable the work that people already agree needs to be done

..by supplying ubiquitous sustainably priced credit globally, prportional to population, we enable the work to be done globally, by each according to their needs and abilities

While wealthy western countries can afford to distribute sustainable welfare to each, this can only exacerbate the global situation…

..and hoarding the right to create equivalent money, access to sustainably priced credit, should and likely will continue to draw anger and resentment from the rest of the world

Thanks for your kind indulgence

)
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