John Congdon: Public Banking – Golden Rule Network Connecting Individual Equity with Fractional Reserve Banking Reach

Categories: Money
John Congdon

John Congdon

Proposed: that communities create Capital Asset Partnership Trusts (CAPT) in the context of a larger Golden Rule Network

The potential monetized value of equity in real property is tremendous. In the U.S. alone the equity in home ownership is $8.2 trillion. As well, there is the other huge pool of capital with the equity present in commercial properties that can be awakened with the same strategy. Unleashing even a fraction of that capital will have an unequaled and immediate benefit that will be felt all around the world. Just imagine the impact of a well directed trillion dollars of reserve capital multiplied through the fractional reserve system can have on our current and pressing environmental needs! And we can start today!

DOC (12 Pages): The Golden Rule Network

Full text below the fold.

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Jun 5

Sepp Hasslberger: Video (4:52): Bitcoin Report + New Book “Digital Gold”

Categories: Money
Sepp Hasslberger

Sepp Hasslberger

A good description of Bitcoin in terms people can understand… In my view, Bitcoin is an immensely successful prototype, but not the final form this kind of currency will eventually take.

Wall Street Battling Silicon Valley Over Bitcoin Says ‘Digital Gold’ Author

Email for money.

Bitcoin @ Phi Beta Iota

Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money

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May 29

Berto Jongman: Secret Meeting in London to “End Cash”

Categories: Money
Berto Jongman

Berto Jongman

Secret Meeting in London to “End Cash”

Central banks aim to institute “governmental approval” for all purchases and sales

Economist Martin Armstrong claims there is a “secret meeting to end cash” set to take place in London before the end of the month involving representatives from the ECB and the Federal Reserve. Armstrong, who is known for successfully predicting the 1987 Black Monday crash as well as the 1998 Russian financial collapse, expressed his shock that no news outlet has reported on this upcoming conference.

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May 29

Sepp Hasslberger: Basic Income Guarantee Gaining Traction as a Global Big Idea

Categories: Money
Sepp Hasslberger

Sepp Hasslberger

There’s a world wide movement starting, to cover everyone’s basic expenses. Imagine what this will do to free us up to actually participate in the political process, and to learn and teach … or to do that big project we always had to delay because we just couldn’t find the time for it…

Small Yet BIG: The Basic Income Guarantee

EXTRACT

This once utopian vision is gaining ground, fast. A global network of academics, activists, non-governmental organisations (NGOs) and private groups are working towards the implementation of Basic Income Guarantees (BIGs) in some of the world’s most impoverished regions. It is a small idea, both in terms of its simplicity and in terms of the sums of money involved. But it is having a big impact. In addition to reducing poverty and inequality, assessment results from pilot projects overwhelmingly indicate that providing a monthly income of only $10 to every person in some of the poorest communities on earth is good for business.

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May 21