rob menard
28-02-2009, 10:57 PM
Money Creation and Circulation
One of the problems we face is the contraction of the existing monetary supply and refusal to issue credit. This could result in economic meltdown and collapse. It stagnates our ability to interact and when the ability to control the currency is in the hands of a few they have much power and others are at their mercy.
I do not see the need to reinvent the wheel and believe the existing tools may well be used to serve our proper purposes and meet our needs. The basic problem I see with the existing system is that it is borrowed into existence with interest attached which is never created. This proposed system addresses that problem.
1 -Your word is your bond.
2 -You make and decide your promise.
3- You decide how much you need and determine your ability to repay.
4- Your ability to repay is a function of how many hours you intend and pledge to work and how much you will be asking for your efforts. It is not a function of how many other people you will get to work for you at less then they are worth.
5 -Let's say you will work or plan on working 35 hours a week for 40 weeks. Total of 1400 hours over a year. You believe your efforts are worth $25/hour, so you create a promissory note for $35,000 and redeem it for $35K worth of your money.
6- It is YOUR MONEY and will have your likeness on it and be in the denominations you desire.
7 -You will have to pay for the printing.
8- It will have security features and be very difficult to counterfeit.
9- You spend this money within the society to buy those things you need to live, build or start up your enterprise, school, cafe, bakery, blacksmith shop, glass blowing studio, recording studio, etc
10 -During the course of the year, you sell items either at your walkway store or on-line and this brings regular currency to the society.
11-Visitors to the valley purchase our notes for use during their visit and we maintain a fund so valley members can redeem their notes for use outside the valley.
12- At the end of the year you pay back what you borrowed by giving back 100% of what you borrowed. This is evidence of interaction and that you kept your promise to work a certain amount of hours.
13- If you do meet this obligation we give you back 10% (instead of asking for interest we give it to you for keeping your word). This is conditional upon proof that what you received you put in circulation and what you now present you earned. The best way to do that is to pay in money that does not have your face on it. If it does it needs to show some evidence of circulation. This encourages more interaction and that gives rise to the value of the notes themselves.
14-These notes have value because they will be accepted by all who have also issued their own.
15-The society will operate a SSET so these funds can be used outside the framework and within the mainstream. [/list]
To use it you operate within the valleys or even outside of them, but that will be tricky.
How do we get Dentists, Plumbers, Grocers, Travel Agents, Artists etc who are not yet members to accept our money in exchange for services and goods? I f we want some gear and equipment that can only be purchased with mainstream currency how do we do so now? Clearly they will need a way to spend them and that will have to be either in existence or be likely to develop and grow.
This is where my brilliance and genius becomes obvious. :D
The way to get it started is really quite easy. If we have valleys in operation then the script is used within it for day to day valley needs and personal affairs. We encourage people outside the valley to accept the script by ensuring they have a place to spend it. What I see is the opportunity where if they accept our money we will build for them a nice cabin in one of our valleys. This would be available whenever they wanted to use it and would be a retirement property if so desired. Although they would not be able to sell it, they would hold it under a claim allowing them to pass it on to their heirs and when not there we would maintain and rent out the property and share with them the revenue as well as build a community and valley where they will be a welcome member.
The valley itself will generate revenue by offering cabins to rent on a weekly basis. Every property will have a main house and a cabin or guest house which will be marketed cooperatively via website and other means. There will also be a stand or store of some sort where crafts, products, services and such items can be sold and operated. If someone wanted to start a small cafe, or sell candles, or operate a bakery or produce stand they could, with little or no limit on what they can sell to adults. These individually operated enterprises would be cooperatively supported and built and would be joined by a path and system of boardwalks, bridges, rest areas, and points of interest. This way valley folk could purchase what they need within the valley and visitors would enjoy a large outdoor mall where the stores are operated by free highly creative characters and separated by a short walk through beautiful countryside on a nice well maintained path.
I imagine people coming from all over to experience the lifestyle and to learn how to implement it in their lives. People who come must purchase and use our money to spend in the valley, or they can use what the received in the course of their affairs. Properties and cabins would reflect the personalities of the inhabitants with a wide range of building technologies and designs. From earth ships, to orbs or tree houses, underground hobbit homes, or storage container recycling any number of types of building could be built with hopes of avoiding standard boxy structures. If these valleys existed globally then there would be good reason to accept our script as legal tender for use in these valleys when one vacations or retires.
Key to this of course is digging, building and designing an infrastructure and the building and structures needed. This means we would need a crew of people to work. We would need laborers, tradesmen, and hardworking diggers. The trick will be to get them wanting to come and stay and help build. We do this by ensuring they are well paid in valley script and that they get a land claim and a house as well. Normally these people have to work 15-20 years before they can afford one of the homes which they build for others. In our valleys they will get their homes built at the same time,and will own some property and a house within a couple of years. When the economy starts to collapse and these people are out of work and wondering what to do, we could turn this situation into a God send of an opportunity. We will give them work, and a home, and a community, and some money they can spend immediately to live. They would be paid better then they are now, their earnings completely nontaxable, they would be able to work far less hours, and they would enjoy a much higher standard of living. They would be cherished members of our communities and would be honored for helping us build our homes and communities. I have no problem believing I could find 30 hardworking people who would love such an opportunity.
The other way in which currency is circulated and the society and valleys built is by paying certain people directly. In this way community workers would be reimbursed for their efforts. These would include common area maintenance crews, Infrastructure support workers, Doctors and Emergency Health workers, Dentists, teachers and others who provide needed services that benefit the whole community.
Such an enterprise would attract those who are social yet unique and creative. It could have a high end resort and hotel type structure operated by the valley inhabitants which would provide a stream of more mainstream currency and increase opportunities with the positive revenue shared amongst them, or used to pay for infrastructure common community areas and functions and emergency services.
By thinking way outside the box we could provide a great deal of freedom and time to pursue individual dreams and passions through incorporating standard and existing technologies along coupled with a sharing of burdens. For instance, industrial sized laundry machines could meet the needs of the valley inhabitants, save them from that chore conserve water and energy, create employment, be completely pollution free with simple technologies serve our hospital and hotel and be a benefit all around. The services that would benefit from such sharing of burdens would include water purification and filtering and distribution, power generation and distribution, communication infrastructure, community greenhouses, and the like.
I know that this idea of money creation and circulation appeals to and really resonates with my spirit, because not only does it provide remedy to members against what I see as an attack to remove wealth and create poverty, but it should really piss off the bankers and money masters. That is how I know it is a winner
One of the problems we face is the contraction of the existing monetary supply and refusal to issue credit. This could result in economic meltdown and collapse. It stagnates our ability to interact and when the ability to control the currency is in the hands of a few they have much power and others are at their mercy.
I do not see the need to reinvent the wheel and believe the existing tools may well be used to serve our proper purposes and meet our needs. The basic problem I see with the existing system is that it is borrowed into existence with interest attached which is never created. This proposed system addresses that problem.
1 -Your word is your bond.
2 -You make and decide your promise.
3- You decide how much you need and determine your ability to repay.
4- Your ability to repay is a function of how many hours you intend and pledge to work and how much you will be asking for your efforts. It is not a function of how many other people you will get to work for you at less then they are worth.
5 -Let's say you will work or plan on working 35 hours a week for 40 weeks. Total of 1400 hours over a year. You believe your efforts are worth $25/hour, so you create a promissory note for $35,000 and redeem it for $35K worth of your money.
6- It is YOUR MONEY and will have your likeness on it and be in the denominations you desire.
7 -You will have to pay for the printing.
8- It will have security features and be very difficult to counterfeit.
9- You spend this money within the society to buy those things you need to live, build or start up your enterprise, school, cafe, bakery, blacksmith shop, glass blowing studio, recording studio, etc
10 -During the course of the year, you sell items either at your walkway store or on-line and this brings regular currency to the society.
11-Visitors to the valley purchase our notes for use during their visit and we maintain a fund so valley members can redeem their notes for use outside the valley.
12- At the end of the year you pay back what you borrowed by giving back 100% of what you borrowed. This is evidence of interaction and that you kept your promise to work a certain amount of hours.
13- If you do meet this obligation we give you back 10% (instead of asking for interest we give it to you for keeping your word). This is conditional upon proof that what you received you put in circulation and what you now present you earned. The best way to do that is to pay in money that does not have your face on it. If it does it needs to show some evidence of circulation. This encourages more interaction and that gives rise to the value of the notes themselves.
14-These notes have value because they will be accepted by all who have also issued their own.
15-The society will operate a SSET so these funds can be used outside the framework and within the mainstream. [/list]
To use it you operate within the valleys or even outside of them, but that will be tricky.
How do we get Dentists, Plumbers, Grocers, Travel Agents, Artists etc who are not yet members to accept our money in exchange for services and goods? I f we want some gear and equipment that can only be purchased with mainstream currency how do we do so now? Clearly they will need a way to spend them and that will have to be either in existence or be likely to develop and grow.
This is where my brilliance and genius becomes obvious. :D
The way to get it started is really quite easy. If we have valleys in operation then the script is used within it for day to day valley needs and personal affairs. We encourage people outside the valley to accept the script by ensuring they have a place to spend it. What I see is the opportunity where if they accept our money we will build for them a nice cabin in one of our valleys. This would be available whenever they wanted to use it and would be a retirement property if so desired. Although they would not be able to sell it, they would hold it under a claim allowing them to pass it on to their heirs and when not there we would maintain and rent out the property and share with them the revenue as well as build a community and valley where they will be a welcome member.
The valley itself will generate revenue by offering cabins to rent on a weekly basis. Every property will have a main house and a cabin or guest house which will be marketed cooperatively via website and other means. There will also be a stand or store of some sort where crafts, products, services and such items can be sold and operated. If someone wanted to start a small cafe, or sell candles, or operate a bakery or produce stand they could, with little or no limit on what they can sell to adults. These individually operated enterprises would be cooperatively supported and built and would be joined by a path and system of boardwalks, bridges, rest areas, and points of interest. This way valley folk could purchase what they need within the valley and visitors would enjoy a large outdoor mall where the stores are operated by free highly creative characters and separated by a short walk through beautiful countryside on a nice well maintained path.
I imagine people coming from all over to experience the lifestyle and to learn how to implement it in their lives. People who come must purchase and use our money to spend in the valley, or they can use what the received in the course of their affairs. Properties and cabins would reflect the personalities of the inhabitants with a wide range of building technologies and designs. From earth ships, to orbs or tree houses, underground hobbit homes, or storage container recycling any number of types of building could be built with hopes of avoiding standard boxy structures. If these valleys existed globally then there would be good reason to accept our script as legal tender for use in these valleys when one vacations or retires.
Key to this of course is digging, building and designing an infrastructure and the building and structures needed. This means we would need a crew of people to work. We would need laborers, tradesmen, and hardworking diggers. The trick will be to get them wanting to come and stay and help build. We do this by ensuring they are well paid in valley script and that they get a land claim and a house as well. Normally these people have to work 15-20 years before they can afford one of the homes which they build for others. In our valleys they will get their homes built at the same time,and will own some property and a house within a couple of years. When the economy starts to collapse and these people are out of work and wondering what to do, we could turn this situation into a God send of an opportunity. We will give them work, and a home, and a community, and some money they can spend immediately to live. They would be paid better then they are now, their earnings completely nontaxable, they would be able to work far less hours, and they would enjoy a much higher standard of living. They would be cherished members of our communities and would be honored for helping us build our homes and communities. I have no problem believing I could find 30 hardworking people who would love such an opportunity.
The other way in which currency is circulated and the society and valleys built is by paying certain people directly. In this way community workers would be reimbursed for their efforts. These would include common area maintenance crews, Infrastructure support workers, Doctors and Emergency Health workers, Dentists, teachers and others who provide needed services that benefit the whole community.
Such an enterprise would attract those who are social yet unique and creative. It could have a high end resort and hotel type structure operated by the valley inhabitants which would provide a stream of more mainstream currency and increase opportunities with the positive revenue shared amongst them, or used to pay for infrastructure common community areas and functions and emergency services.
By thinking way outside the box we could provide a great deal of freedom and time to pursue individual dreams and passions through incorporating standard and existing technologies along coupled with a sharing of burdens. For instance, industrial sized laundry machines could meet the needs of the valley inhabitants, save them from that chore conserve water and energy, create employment, be completely pollution free with simple technologies serve our hospital and hotel and be a benefit all around. The services that would benefit from such sharing of burdens would include water purification and filtering and distribution, power generation and distribution, communication infrastructure, community greenhouses, and the like.
I know that this idea of money creation and circulation appeals to and really resonates with my spirit, because not only does it provide remedy to members against what I see as an attack to remove wealth and create poverty, but it should really piss off the bankers and money masters. That is how I know it is a winner