This idea concerns the Global Resource Bank, or the GRB. Here's how it works:
Everyone owns one share in GRB, as shareholders value Earth's current wealth of ecoproduct at six quadrillion ecocredits that have the buying power of Federal Reserve notes. GRB converts the dollar account of everyone's assets to ecocredit. The GRB reserve provides shareholders accounts with forty ecocredits a day for twenty years, five hundred trillion ecocredits goes to the GRB network account and seven hundred trillion ecocredits are invested in ecosystems. The GRB income account receives ecocredit from an ecosystem impact charge on shareholder and commercial accounts and exchanges ecocredit with the reserve to sustain a steady state. Five percent of GRB income goes to the network account and forty ecocredits a day goes to fully funded shareholders' accounts; the remainder goes to the reserve. Shareholders invest ten percent of their GRB income in ecosystems. The current value of ecoproduct and GRB income distribution adjusts to shareholders feedback. After one year of inactivity, GRB accounts revert to the reserve. The GRB manager is chosen by majority.
Frequently Asked Questions about GRB
Does real money value common assets? Yes.
Is Earth's wealth of ecoproduct everyone's asset? Yes.
Why do we value our current wealth of ecoproduct at six quadrillion (q) ecocredits (e) that have the buying power of US$? Because e6q are needed to secure more than six billion (b) shareholders
Why e6q? Because 6b x e40 a day x 20 years = e1.8q, e500 trillion (t) are invested in the network and e700t in ecosystems leaving e3q in reserve.
How do we grow ecoproduct? Natural energy, air, water, soil, food and shelter grows through shareholders investments in the environment, communications, conservation, innovation, economy, disarmament, recycling, technology, science, humanity, society, health, art, love, life.
How are the impact charges set? The shareholders account charge is set by the average impact, commercial accounts by their products impact.
What of industry? Shareholders employ industry to supply communications, renew ecosystems, disarm nations and produce goods.
Do commercial goods and services trade for ecocredit in free global markets? Yes.
How do landless shareholders get land? GRB settles national debt for public land.
What about population? Ecosystems optimize population.
How do we access our accounts? Biologically.
Are commercial accounts transparent? Yes.
Is GRB a direct global democracy? Yes.
Photo credit to Images_of_Money.