Global Resource Bank (GRB.net) settles the world's public debt.
The Global Resource Bank Program
Every person owns one share in the GRB. GRB shareholders' value the
earth's wealth of natural resources at six quadrillion GRB ecocredits (e).
The GRB converts US$ assets to GRBe. The GRB ecocredit reserve
account supplies shareholder accounts with e40/day for 20 years. Seven
hundred trillion ecocredits are invested in ecosystems and 500 trillion
in the GRB network. The GRB income account receives ecocredit from an
ecosystem impact charge on shareholder and commercial accounts
and exchanges ecocredit with the GRB reserve to maintain equilibrium.
Two percent of GRB income sustains the GRB network and e40/day
goes to fully funded shareholder accounts. GRB shareholders invest 5%
of their GRB income in ecosystems. The shareholders ecocredit wealth
of natural resources and GRB income distribution rates adjust to the
shareholders' feedback. After one year of inactivity GRB accounts
revert to the GRB ecocredit reserve account. The GRB manager is chosen by the majority.
Q & A
Is public debt-money obsolete? Yes.
Are the earth's natural resources everyone's asset? Yes.
Must a global medium of exchange value a common asset? Yes.
Why value our natural resources at e6q with the buying power of US$? Six quadrillion ecocredits secures the lives of more than 7b people.
Why e6q? Seven billion x e40/day x 20 years' = e2.1q, 700t is invested in ecosystems and 500t in the GRB network leaving e2.7q in reserve.
How do we grow natural resources? Natural light, energy, water, soil, food, shelter, climate, land, atmosphere and biodiversity grow with our investments in
ecosystems, communications, science, technology, peace, education, transportation, information, restoration, health, conservation, innovation, efficiency,
disarmament, recycling, recreation, art, i.e., life.
Does GRB nullify government, debt, tax, politics, pollution, corruption, poverty, greed, scarcity, prejudice, inequality, conflict and war? Yes.
Does the open GRB network replace the state controlled internet? Yes.
Does everyone enjoy economic security and free telecom for life? Yes.
How are the GRB ecosystem impact charges set? The shareholders' account charge is set by
the average impact and commercial account charges are set by their products impact.
Are commercial GRB ecocredit accounts transparent? Yes.
How do we access our ecocredit accounts? Biometrically.
Does everyone trade for ecocredit in free global markets? Yes.
Does everyone enjoy a copious natural economy without borders? Yes.
Is GRB a direct democratic network of people who value life? Yes.
Can we begin GRB NOW? Yes! - If we network GRB NOW..
Mother Earth News