The Global Resource Bank settles
Global Resource Bank (GRB)
Every person owns one share in the GRB economy. GRB shareholders' value the earth's wealth of natural resources at six quadrillions GRB ecocredits (e).
The GRB converts US dollar assets to GRBe. The GRB ecocredit reserve account supplies shareholders' accounts with e40/day for 20 years. Seven hundred
trillion ecocredits are invested in ecosystems and e500 trillion in the GRB network. The GRB income account receives ecocredit from the GRB ecosystem impact charge
on shareholder and commercial accounts and then balances the ecocredit supply with the GRB reserve to maintain equilibrium. Two percent of GRBe income sustains
the GRB network and e40/day goes to fully funded shareholder accounts. GRB shareholders invest 5% of their GRBe income in ecosystems.
The GRB shareholders' ecocredit wealth of natural resources and GRBe income distribution rates adjust to shareholder feedback.
After one year of inactivity, GRB accounts revert to the reserve. The GRB manager is chosen by the majority.
Questions & Answers
Isn't the product of labor the basis of economics? No, it is not.
Don't most economists from Adam Smith to Janet Yellen thinks it is? Yes.
Is economics in fact based on the product of natural resources? Yes.
Must real money value a common asset? Yes.
Is the earth's abundant wealth of natural resources everyone's asset? Yes.
Why value our natural resources at e6q with the buying power of US$? Six quadrillion GRBe secures the lives of over seven billion GRB shareholders.
Why e6q? Seven billion x e40/day x 20 years' = e2.1q + e700t is invested in ecosystems, and e500t in the GRBnet leaving e2.7q in the GRBe reserve.
How do we grow natural resources? Natural light, energy, water, air, climate, soil, food, shelter, law, exchange, biodiversity, and consciousness grow with GRBe
investments in ecosystems, communications, conservation, education, transportation, innovation, coordination, information, technology, science, trade, collaboration, efficiency,
farming, health, disarmament, recycling, art, peace, humanity, music, joy, love, that is, sharing the good life on Earth.
How do the landless get land? GRB settles national debts for state assets.
Does GRB nullify the state, government laws, taxes, corruption, terrorism, inequality, poverty, pollution, ignorance, scarcity, armament, and war? Yes.
Does GRB convert the state-controlled internet to the people's GRBnet? Yes.
Is the GRB program written in open-source code? Yes.
Does GRB gain everyone economic security and telecom for life? Yes.
How are the GRB ecosystem impact charges set? The GRB shareholders account charge is set by
the shareholders average impact and commercial account charges are set by their products impact.
Are commercial GRB accounts transparent? Yes.
How do we access our GRB accounts? Biologically, via biometrics.
Is GRB a direct democratic network of shareholders who value life? Yes.
Do women, children and the elderly constitute the GRB majority? Yes.
Does GRB sustain a copious natural economy without borders? Yes.
Can shareholders trade for GRBe in free and open global markets? Yes.
Does GRB maintain a global eco-village of enlightened shareholders? Yes.
Is the development of natural resources everyone's domestic enterprise? Yes.
Are GRB shareholders networking GRB NOW? Yes! Please join us.
Arthur Shaw on Copionics - The Theory of Global Sufficiency