Global Reserve Bank
Global Reserve Bank (GRB) is a world central bank that supports a prosperous community of shareholders. The GRB produces ecocredits (e) equal to the shareholders value of Earth's natural resources. GRB derives income from ecosystem impacts charges on GRB accounts. GRB income generates shareholders profits, global communications and ecosystem renewal.
Global Reserve Bank CharterARTICLE 1. Every person in the world owns one permanent share in GRB. The GRB produces GRB ecocredits equal to the shareholders average value of Earth's natural resources.
ARTICLE 2. GRB shareholders value Earth's current natural resources at six quadrillion ecocredits. Ecocredits have the buying power of January 1, 2000 Federal Reserve notes.
ARTICLE 3. The GRB Communication Account is capitalized with 500 trillion ecocredits to invest in shareholders communications.
ARTICLE 4. The GRB Capital Exchange Account is capitalized with 700 trillion ecocredits to invest ecosystem renewal and exchange for national bank notes.
ARTICLE 5. GRB Shareholder Accounts are capitalized with 41 ecocredits per day for 20 years. The GRB converts the national bank note account of shareholder and commercial assets to GRB ecocredits.
ARTICLE 6. GRB receives income from ecosystem impact charges on shareholder and commercial accounts. The GRB Income Account exchanges ecocredits with the GRB Reserve Account to maintain the buying power of an ecocredit.
ARTICLE 7. Five percent of GRB income goes to the communication account and 95% is divided between fully capitalized shareholders. GRB shareholders invest 10% of their GRB income in ecosystem renewal. The above percentages are set by shareholders average choices.
ARTICLE 8. The majority of GRB shareholders choose the GRB manager. The manager sets the ecosystem impact charge and is liable for the communication and capital exchange accounts.
ARTICLE 9. After one year of inactivity account balances revert to the GRB Reserve Account. Amendments to this charter must be approved by a majority of the shareholders. Guardians have proxy rights.
ConclusionGRB shareholders earn financial freedom by taking responsibility for Earth's ecosystem.
Questions & Answers1. What secures GRB ecocredits?
The shareholders value of Earth's natural resources of air, water, soil, climate, etc.
2. Why do GRB shareholders value Earth's current natural resources at 6 quadrillion ecocredits that have the buying power of January 1, 2000 Federal Reserve notes?
The date fixes the buying power of one ecocredit and 6 quadrillion ecocredits are needed to capitalize a prosperous community of more than six billion shareholders.
3. Why 6 quadrillion ecocredits?
(e6, 000,000,000,000,000)Because: In the year 2000 it took $15,000 to support a first world child, and e15,000 times 6 billion shareholders, times 20 years equals e1.8 quadrillion. Additionally, to jump start an ecological economy, the GRB invests e1.2 quadrillion in shareholder communications, ecosystem renewal and exchange for national bank notes. Three quadrillion ecocredits remain in the GRB Reserve Account to capitalize additional shareholders and store ecocredit wealth.
4. How can natural resources be increased?
Shareholders can increase their investments in ecosystem renewal and decrease their ecofootprint and the GRB manager can increase the ecosystem impacts charges on shareholder and commercial accounts.
5. How are the ecosystem impacts charges set?
The shareholder account charge is set by the shareholders average impact, commercial charges are set by their industry's impact.
6. What are some examples of shareholders investments in ecosystem renewal?
GRB shareholders invest in the Internet, health, education, science and the arts, sustainable farming, fishing and foresting, recycling, clean energy, ecological design, development and technology, disarmament, restoring polluted areas to nature, etc.
7. Can income be projected beyond 20 years?
Yes. In 20 years there will be more than three quadrillion ecocredits in shareholder and commercial accounts. If in year twenty one the average ecosystem impact charge were 4%, GRB income would be e120 trillion. If 5% paid for communications, 95% would earn six billion fully capitalized shareholders about twenty thousand ecocredits each.
8. Does the GRB have an ecocredit flow chart?
Yes, the flow chart below is shown after the depletion of the capital exchange account.
9. Is GRB a democratic institution?Yes, GRB is a direct democratic institution that earns shareholders abundant income.
10. Can GRB shareholders earn additional income by freely marketing capital, labor, land, food, shelter, art, communications, energy, ideas and other goods and services?
Yes.
11. How do GRB shareholders access the GRB?
By way of the Internet.
12. Will global communications and economic security reverse population growth?
Yes, most notably the lack of information and poverty induced population growth.
13. Since GRB ecocredit and the internet circumvents borders what becomes of nations?
Initially nations are funded by shareholder investments in UN and NGO ecosystem renewal programs. Ultimately nations evolve into ecocommunities that manage themselves.
14. How do landless people acquire land?
GRB funds UN and NGO programs that acquire ecocommunity lands. Unattached shareholders utilize commercial financial services.
15. What becomes of political economics and its military component in the GRB system?
In the GRB system political economics evolves as clean commercial activity and its military component is employed to supply shareholder communications and contribute to the evolution of a stellar civilization.
16. Are GRB ecocredits efficient?
Yes, ecocredits eliminates the costs of debt money, which includes the costs of politics, taxes, tariffs, interest, exchange rates, poverty, pollution, inflation, deflation, regulation, migration, recession, depression, ecocide, genocide, terrorism, fear, war, etc.
17. Are GRB accounts transparent?
Yes, except for GRB Shareholder Accounts.
18. What types of GRB accounts are there?
There are six types of GRB accounts:
Capital Exchange, Communication, Commercial, Shareholder, Income and Reserve.19. How long will it take to start the GRB?
The GRB starts overnight by way of the BIS.
20. When will the GRB be open for business?
When registration achieves critical mass.
References & CommentsMerriam-Webster: Political economy deals with the production, distribution and consumption of labor made wealth and the various related costs of politics, taxes, tariffs, interest, exchange rates, poverty, pollution, ecocide, genocide, inflation, deflation, regulation, migration, recession, depression, war, etc.
Merriam-Webster's definition of political economy begs the question: what's economical about politics and consumption of labor made wealth, and not economical about a direct democracy and recycling Earth made wealth?
Wikipedia: Ecological economics deals with the production, distribution and recycling of natural goods and services.
GRB values the production, distribution and recycling of natural goods and services.
Brandt: Eco, the ancient Greek word for house, is the basis of the modern words economy, or 'rules of the house', and ecology, or 'structure of the house'. This begs the question; why don't we live by Earth rules or value her structure?
Because debt money values ecocide.
Watson: Ecocide destroys life.
Humans destroy life for $.
Stamp: Bankers own the earth.
GRB shareholders own the Bank.
Jefferson: Private banks rule us with debt.
GRB settles the world's public debt.
Aristotle: States create fiat money.
GRB creates real money.
Mundell: Real money values common assets.
GRB ecocredits value natural assets.
Quesnay: Nature creates life without debt.
GRB sustains life without debt.
Smith: Labor is the basis of our economy.
Nature is the basis of our economy.
Bhagavad Gita: Labor produces stress.
Nature produces ecstasy.
Greenspan: Gold is a durable commodity.
Life is a renewable commodity.
Volcker: The world needs a global currency.
Ecocredit is a global currency.
Brown: Economics is in conflict with nature.
GRB lives in harmony with nature.
Perkins: We must change the world.
GRB shareholders change the world.
Fuller: Real change makes reality obsolete.
GRB makes political economy obsolete.
Darwin: Humans are Earth's children.
Humans value mother Earth.
Campbell: Value Earth or live in hell.
GRB shareholders live in paradise.
Permaculture: Life follows natural cycles.
GRB shareholders invest in natural cycles.
Shaw: Copionics studies natural abundance.
GRB shareholders enjoy natural abundance.
Gaia: The Great Cosmic Mother.
Thank you mother.
Einstein: Imagination over knowledge.
Imagination thrives on knowledge.
Lennon: Imagine people sharing the world.
Imagine GRB.NET
ReviewsProgress Report: GRB you are an owner.
Caddy: GRB begins the new age.
Yunus: Godspeed the GRB.
Shareholder Feedback
(under construction)
GRB Balance Sheet
Shareholder feedback to articles 2,7,8 and 9:
Article 2. Your value of Earth's natural resources is:_
Article 7. Your percentage of GRB income that goes to shareholder accounts is:_
Your percentage of shareholder income that is invested in ecosystem renewal is:_
Article 8. Your choice for GRB manager is:_
Article 9. Your GRB charter amendment is:_
ENTER - Thank you.
ContributorsMichael Araya, Dustin Castleberry, Frances Fox, Joanne Hissey, Madita Hoy, Monika Hoy, John Pozzi, Jack Reed, Vanessa Schulz, Bill Stevens, Tanza, Adam Taylor, Joanie Watkins