So here we are, companies heading down, people losing their houses and jobs, and so much more simply because we are currently using a program that was started way back in the particular dark ages. And if you might be a programmer you would realize that this system is stuck within an infinite loop and it is the time to restart and renovate the entire concept of what we are attempting to achieve. Hopefully the current finances can be solved using the subsequent concept.
The present financial system works as stick to. People earn money, they shell out taxes and have to try and earn a living with what they have at their disposal. The actual taxes that the government gets is used to run the country. Easy is it not.
But the trouble we are facing is that the moment one thing goes up, everything else rises as well. This includes living expenses, foods, transportation, and yes actually taxes. The only thing that appears to stay the same and even decrease is peoples income and also financial resources. This is where the unlimited loop starts and the product is starting to crash.
If a new system might be designed, then the concept of exactly what money is and wherever it comes from should be expanded in the new system. An easy design is to create three levels and build concepts each and every level. But the main idea framework or design could be where the money comes from.
Profit essence is what people use for get things they need along with want, and maybe save intended for things to come. The same applies to governments when it comes to running a region. But again what has to modify is where the money originates from.
As citizens of a state money comes from working, getting it from other people including family members, friends, and even see the bank and asking for that. Other streams of earnings also exists.
Governments however get financial resources by challenging its citizens, as well as requesting money from other countries and financial institutions. Here other streams regarding income also exists.
Right now in redesigning the current method we have to start at the top and enable it flow downwards to folks.
The New Concept
We are residing in this world, and we get the affect the rules. We created the guidelines when it came to financial systems, and that we get to change it. If we cannot change it, then who is operating the show?
Keep the over rule question in mind whenever reading the rest of this concept.
Imagine if we created a fictitious land and name it Atlantis. Then as an established nation we startup a lender and called it The lender of Atlantis. Most likely this is when people start laughing and prevent reading mainly because they will believe that this is a joke or it is probably the most stupid idea they noticed this year. For the rest, make sure you keep reading and thank you for to get above mentioned rule question in your mind.
Now that we have Atlantis, allow us to make it so that The Bank involving Atlantis has unlimited savings. What could we seeing that creators of financial systems perform with such an immense swimming pool of possibilities. Solve typically the worlds financial crises, get rid of poverty, maybe solve a number of other problems? What can we carry out? Well let us start with Degree 1 and go following that.
Let us always be generous and transfer a set amount of funds every year from your Bank of Atlantis to each country in the world. A good amount might be a total of 1 Billion to each country.
Here Policy manufacturers can decide what to do with shaky countries and countries in war. But in general each and every country gets a piece in addition to continue to operate as regular.
This is where nations can get a bigger piece of often the action by doing away system taxes. The idea is simple. The cash the governments would have obtained from taxpayers now they should receive that amount from The Bank connected with Atlantis. And as an added bonus to get at level 2 can be that The Bank of Atlantis will financially help in situation of natural disasters.
Right here Policy makers can choose what the requirements are while countries want to level way up. But in general no more taxation and countries continue to run as normal.
This could be considered the Golden Age group level where the governments acquire even a bigger piece of the actual action by distributing the particular wealth with its citizens. Such as level 1 where every single country gets money, today every citizen gets a level amount of money every month. This includes wealthy, poor, convicted criminals, everybody, if you are alive then you are generally included – No splendour.
And with this level a great many other things are covered by The Bank associated with Atlantis, for instance:
Citizens now only have to begin paying for further education such as University.
Free Health Care
Therefore hospitals now can afford the most recent technology without transferring the expenses over to the patients.
Drinking water Purification
This will be a special account where governments can now commence projects to purify marine water for human usage and crop irrigation. Not to mention to make water free.
Yet another special finance where governments can start power projects. And of course to make power use free of charge.
Here Plan makers can decide the particular requirements are when nations around the world want to level up. However in general every citizen will get a monthly income and The Financial institution of Atlantis now facilitates government projects and plans. Other than that countries continue to work as normal.
We have been living in this world, and we obtain the change the rules. We came up with the rules when it came to financial techniques, and we get to change it yet again.
We as creators of economic rules are able to change it by means of creating a fictitious country in addition to a fictitious bank with limitless financial resources at its disposal. Hence we are able to exploit technology as well as solve most of our issues by thinking differently regarding where money actually arises from. Is money tangible items or have money merely turn out to be numbers stored on a pc?