Global Reserve Bank
Welcome
Global Reserve Bank (GRB) is a world central bank that supports a global community of shareholders.Global Reserve Bank Charter
Article 1. Everyone owns one share in the GRB. The GRB produces GRB ecocredit (e) currency equal to the shareholders value of Earth's natural resources.
Article 2. GRB shareholders value Earth's current natural resources at six quadrillion ecocredits. GRB ecocredits have the buying power of 1.1.2000 Federal Reserve notes (FRNs).
Article 3. GRB Shareholder Accounts are capitalized with 40 ecocredits per day for 20 years. The GRB converts the FRN account of shareholder and commercial assets to GRB ecocredits.
Article 4. The GRB Capital Exchange Account is capitalized with 700 trillion ecocredits to invest in ecosystem renewal and repay public debt.
Article 5. The GRB Communication Account is capitalized with 500 trillion ecocredits to invest in shareholder communications.
Article 6. The GRB receives income from an ecosystem impact charge on shareholder and commercial accounts. The GRB Income Account exchanges ecocredit 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 ninety five percent is divided between fully capitalized shareholder accounts. GRB shareholders invest ten percent 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 responsible for the communication and capital exchange accounts.
Article 9. After one year of inactivity account balances revert to the GRB Reserve Account. Changes to this charter must be approved by a majority of the shareholders. Guardians have proxy rights.
ConclusionGRB shareholders gain economic security by taking responsibility for Earth's natural environment.
DirectionShareholders feedback to articles 2, 7, 8 & 9.
Questions & Answers1. Is GRB a direct democracy? Yes.
2. What secures GRB ecocredits? The value of Earth's natural resources of air, water, soil, climate, etc.
3. Why do shareholders value Earth's current natural resources at six quadrillion ecocredits that have the buying power of 1.1.2000 FRNs? The date fixes the buying power of one ecocredit and six quadrillion ecocredits are needed to capitalize a prosperous global community of more than six billion people.
4. Why six quadrillion (6, 000,000,000,000,000)? Because in the year 2000 it took 15,000 US$ to support a first world child and e15,000 times six billion shareholders, times twenty years equals e1.8 quadrillion. The GRB invests e1.2 quadrillion in ecosystem renewal, shareholder communications and repaying public debt. Three quadrillion ecocredits are reserved to capitalize new shareholder accounts.
5. How can Earth's natural resources be restored? GRB shareholders can increase their investments in ecosystem renewal and decrease their ecofootprint and the GRB manager can increase the ecosystem impact charge on shareholder and commercial accounts.
6. How are the ecosystem impact charges set? The shareholders account charge is set by the shareholders average impact, commercial account charges are set by their industry's impact.
7. What are investments in ecosystem renewal? Investments in health, education, science and the arts, sustainable farming, fishing and foresting, clean energy, air, water and soil, disarmament, recycling, restoring polluted areas to nature, etc.
8. 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% earns six billion fully capitalized shareholders about e20, 000 each.
9. Does the GRB show an ecocredit flow chart? Yes, the ecocredit flow chart below is shown after the depletion of the capital exchange account.
10. Can shareholders earn additional income by freely marketing capital, labor, land, food, shelter, art, energy, ideas and other goods and services? Yes.11. How do we access the GRB? Biometrically.
12. Does economic security and open communications reverse shareholder population growth? Yes, notably poverty and propaganda driven population growth.
13. Since GRB ecocredits circumvent borders what becomes of nations? Initially nations are funded by shareholders investments in UN and NGO ecosystem renewal programs. Ultimately nations evolve into ecocommunities that manage themselves.
14. How do landless shareholders acquire land? The GRB funds UN and NGO programs that acquire land.
15. What becomes of political economy and the military industrial complex in the GRB system? Political "economy" evolves as clean commercial activity and the military is employed to supply ecosystem renewal, communications and disarmament.
16. Is ecocredit a efficient medium of exchange? Yes, ecocredit eliminates the cost of public debt-money that includes the costs of politics, taxes, interest, poverty, pollution, corruption, war, fear, recession, depression, ecocide, genocide, regulation, inflation, deflation, theft, enforcement, exchange-rates, etc.
17. Are GRB accounts transparent? Yes, except for GRB Shareholder Accounts.
18. How many types of GRB accounts are there? Six: shareholder, capital exchange, communication, commercial, income and reserve accounts.
19. How long will it take to start the GRB? The GRB starts overnight by way of the Internet.
20. When will the GRB be open for business? When shareholder consciousness reaches critical mass.
References & CommentsWikipedia: Political economy consumes resources. What is economical about consumption?
Mother Earth: Ecosystem economy recycles resources. GRB shareholders value recycled resources.
Brandt: Eco, is the basis of the words economy, or 'rules of the house', and ecology, or 'resources of the house'. This begs the question; why don't we live by Earth rules or value her resources? We don't because debt-money values ecocide.
Watson: Ecocide destroys life. Debt destroys life.
Jefferson: Banks rule with debt. GRB settles debt.
Stamp: Bankers own the earth. Bankers own the GRB.
Aristotle: States create fiat money. GRB shareholders create real money.
Mundell: Real money values common assets. Natural resources are common assets.
Quesnay: Nature creates life without debt. GRB shareholders sustain life without debt.
Smith: Labor is the basis of our economy. Wrong, natural resources are the basis of our economy.
Bhagavad Gita: Labor produces stress. Nature produces ecstasy.
Greenspan: Gold is a durable commodity. Natural resources are renewable commodities.
Volcker: The world needs a global currency. GRB ecocredit is a global currency.
Brown: Political economy conflicts with nature. Ecosystem economy is a product of nature.
Paulson: The System put us on the hook. GRB off.
Perkins: We must change the world. GRB shareholders change the world.
Fuller: Real change makes current reality obsolete. GRB makes political "economy" obsolete.
Darwin: Humans are Earth's children. Humans love 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 Goddess.
Disclosure: Imagine contact. Imagine new beginnings.
Kardashev: Imagine Star Civilizations 1, 2 & 3. Imagine Earth a 3.
Einstein: Imagination over knowledge. Imagination thrives on knowledge.
Lennon: Imagine all the people sharing all the world. Imagine GRB.NET
ReviewsProgress Report - What is the Global Reserve Bank?
Earth without Borders - Russo, EcoDemocracy - Neval, Power from the People - Hoy, Earth Science - Araya, Ecosystem Economy - Tanza, A Steady State - Tilahun, Life - Kebede, Freedom - Watkins, Equality - Bylund, Abundance - Shaw, Love - Fox, The New Age - Caddy, Evolution - Madita, Access - Stevens, Green - Dietz, EcoCommunity - Pozzi, Godspeed the GRB - Yunus.
Please send reviews to Joanne Hissey.
VideosMoney as Debt, History of the Federal Reserve, Story of Stuff, 11th Hour Trailer, Disclosure Project, Real News, Energy Non-Crisis, GRB Charta, The Shift, World Order, ENDGAME, A Quite Revolution, Bilderberg Group, Zeitgeist, Freedom Road,
ContributorsFrances Fox, Joanne Hissey, John Pozzi, Arthur Shaw