The Global Resource Bank (GRB) Ecological Economics Sustainable Eco Money System
The earth’s restorable ecosystems can meet the needs of all people, but the private banks interest bearing public debt money prevents it. The peoples GRB Eco money values natural resources to earn all people a basic income, ecosystem restoration, health care, education, housing and telecommunication, and end debt, interest, inflation, scarcity, ecocide, conflict and war now in a world market of 8 billion plus people with Eco income and services for life.
The GRB Eco Real-time AI Algorithm
People value natural resources at 5 quadrillion (q) ecos with the buying power of 2020 US$. US$ assets are converted to ecos and possessions are transferred by smart eco contracts. GRB gains income from an ecosystem impact fee on eco accounts and exchanges ecos with the GRB eco reserve to maintain ecological equilibrium. Peoples average ecosystem impact sets peoples eco account fees and the impact of transparent commercial eco accounts sets their fees. GRB income maintains the GRB network and basic income supports everyone for life. The GRB invests .1q ecos each in ecosystem restoration, conservation, education, green energy, recycling, science, technology, AI, health care, housing, agroecology, infrastructure, transportation, communication, disarmament, sport, art and the GRB network. The peoples feedback to the GRB rule-based algorithm regulates the value of natural resources, the GRB network percentage, and amount of basic income. The GRB is a decentralized autonomous network of people who rule the GRB eco algorithm by majority. The GRB eco accounts are accessed by biometric ID. After one year of inactivity eco accounts revert to the reserve.
Peoples GRB Eco (e) Balance Sheet (q)
Assets Liabilities
5.0 natural resources 3.0 basic income for 8b+ people x e50/day x 20 years.
1.0 $ assets to e
1.8 invest in GRBnet, eco-restoration, conservation, etc.
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6.0 minus 4.8 = 1.2 reserve
The GRB Vision – “Imagine all the people sharing all the world..” – John Lennon
Capitalism – People own and exchange property in free global markets.
Democracy – People rule a direct democratic eco exchange system.
GRB Transparency – Verifies people’s understanding and trust.
Communication – GRBnet supplies everyone world telecom.
Steady-State – GRB maintains a steady-state eco-economy.
World Peace – Peoples GRB network transcends borders.
Cooperation – GRB is a people’s cooperative enterprise.
References – Sustainability . Free Exchange . Copionics
Jo Anne Hissey and John.Pozzi@grb.net