Global Resource Bank (GRB)
The people's solution to poverty and pollution.
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 reserve account to maintain equilibrium. Two percent of GRB income
maintains the GRB network and e40/day goes to fully funded shareholder accounts.
Shareholders invest 5% of their GRB income in ecosystems. The earth's 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 reserve account.
The GRB manager is chosen by the majority.
Q & A
Is national-debt-money obsolete? Yes.
Does a global economy require a global currency? Yes.
Must a global medium of exchange value a common asset? Yes.
Is Earth's abundant wealth of natural resources everyone's asset? Yes.
Why do we value our common wealth at e6q with the buying power of US$? Six quadrillion ecocredits secure the lives of more than 6b people.
Why e6q? Six billion x e40/day x 20 years' = e1.8q. Seven hundred trillion ecocredits is invested in ecosystems and 500 trillion in the GRB network
leaving e3q in the GRB reserve for additional shareholders.
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, art, education, information, restoration, conservation, transportation, health, innovation, exploration,
disarmament, recycling, peace, love, i.e., life.
How do the landless get land? GRB settles national debt for state assets.
Does the GRB network nullify states, government, taxes, debt, politics,
corruption, greed, scarcity, poverty, pollution, inequality and war? Yes.
Does the GRB network replace the internet? Yes.
Does everyone enjoy economic security and free telecom for life? Yes.
How are GRB ecosystem impact charges set? The GRB shareholders' account charge is set by
the average impact and commercial account charges are set by their products impact.
Are commercial accounts transparent? Yes.
How do we access GRB accounts? Biometrically.
Do GRB shareholders trade for ecocredit in open 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..