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Stephen Stillwell's avatar

Will you consider a rule, of inclusion for international banking regulation: All sovereign debt, money creation, shall be financed with equal quantum Shares of global fiat credit that may be claimed by each adult human being on the planet, held in trust with local deposit banks, administered by local fiduciaries and actuaries exclusively for secure sovereign investment at a fixed and sustainable rate, as part of an actual local social contract.

“Social Contract between and among People and Governments” (1min)

https://link.medium.com/AtaWSEUJU6

Fixing the value of a Share at $1,000,000 USD and the sovereign rate at 1.25% per annum establishes a stable, sustainable, regenerative, inclusive, abundant, and ethical global economic system with mathematical certainty. All money will then have the precise convenience value of using 1.25% per annum options to purchase human labor instead of barter. Mathematically distinct from money created at any other rate. The value of a self referential mathematical function can't be affected by fluctuations in the cost or valuation of any other thing. We will know regardless what currency is in hand it was created for secure sovereign investment and someone somewhere is paying 1.25% per annum on it we each share equally.

The psychological effects of being structurally included as equal financiers of our global economic system can't be quantified, but are most likely positive and profound.

I've been addressing imagined concerns for over a decade consistently illuminating additional benefit. Without logical argument against manifesting.

The rule is reasonably adopted by international banking regulators simply because it achieves stated goals. Similarly with UNGA and sustainable development goals. A reasonable settlement of suit brought to The Hague by any Nation or Nations for global parity in money creation. As global free trade agreement, once we agree on the money, there isn't much else to negotiate.

Thanks for your observations and kind indulgence

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Rafael Kaufmann's avatar

What a wonderful article, Roman! In my work (ex: https://link.medium.com/LpLt3vyWqkb) I take this all the way up to a framework for whole-Earth self-design, reframing moral growth in terms of Meadows' "power to transcend paradigms". Curious to hear your thoughts!

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