Global Resource Bank
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Welcome to the People’s Global Resource Bank Economy – grb.net
The Global Resource Bank (GRB) Eco Currency Program
Everyone owns one share in the GRB. GRB shareholders value the earth’s wealth of natural resources at six quadrillion (q) GRB ecos (e). The GRB converts US dollar assets to GRB ecos. The GRB eco reserve supplies shareholders accounts with e50 per day for 20 years. The GRB invests e1.5q in ecosystems and e250 trillion (t) in the GRBnet. The GRB eco income account earns GRB ecos from an ecosystem impact charge on shareholder and commercial accounts and balances ecos with the GRB reserve to maintain equilibrium. Two percent of GRB income maintains the GRBnet and e50 per day supports GRB shareholders for life. Shareholders invest 5% of their GRB eco income in ecosystems. The shareholders eco value of the earth’s wealth of natural resources and GRB eco percentages adjust to shareholder feedback. After one year of inactivity GRB accounts revert to the reserve. The majority chooses the people’s GRB program manager.
Q&Ada
Are the products of nature, not labor, the basis of economics, (Adam Smith and Karl Marx were wrong) and are digital GRB ecos a natural commodity backed global reserve currency that transfers the universal value of nature? Yes.
Does the GRBe reserve settle $70t in public debt to 180 central banks in exchange for state assets? Yes.
Why do GRB ecos have the buying power of dollars? Because 7 billion people x e50 per day x 20 years equals e2.55q, plus e1.5q are invested in ecosystems, and e250t in the GRBnet, leaving e1.7q in reserve.
Do 7b people bring e350b from the GRB reserve to free global markets every day for 20 years? Yes.
Does the GRB economy render nation-states, fiat money, interest, debt, taxes, tariffs, politics, corruption, crime, inequality, racism, poverty, hunger, pollution, ignorance, refugees, environmental destruction, artificial scarcity, forced labor, nationalism, armament, war, terrorism, and borders obsolete? Yes.
Does debt obstruct life, liberty, equality, freedom, security, peace, prosperity, innovation, cooperation, trade, communication, and a global society that values our common wealth of natural resources? Yes.
How do we grow natural resources? Natural light, energy, air, water, land, food, shelter, climate, law, ecology, biodiversity, infrastructure, and consciousness grow with GRB eco investments in ecosystems, communication, conservation, education, science, technology, disarmament, health, art, love, joy, i.e., life.
Do GRB shareholder investments in natural infrastructure transform former inorganic state land to living habitats, and do our investments in communications convert the internet to the people’s GRBnet? Yes.
Are the GRB commercial accounts transparent, and do women, as the guardians of children and elderly shareholders, convene a direct democratic shareholder majority that guides the GRB program? Yes.
Are eco wages, salaries, earnings, and gifts an addition to the GRB shareholders basic eco income? Yes.
How are the GRB ecosystem impact charges set? The average shareholders impact sets the shareholder account charge, and the impact of their goods and services sets commercial account charges.
How do we access and secure our GRB accounts? With bio identification and blockchain technology.
Can we begin the GRB now? Yes! Simply network the GRB now.
We seek a social system in which money and banks are obsolete. That social system is called SOCIALISM. Stop wasting your energy on trying to make capitalism work.
Hi Vin, In the GRB eco system national debt-money and commercial banks are obsolete. There is only GRB – The People's Bank – Earth. John
John Pozzi wrote:Hi Vin, In the GRB eco system national debt-money and commercial banks are obsolete. There is only GRB – The People's Bank – Earth. JohnI must have misunderstood your post. What does this mean? "Does the GRB supply everyone with a basic income and free telecommunications for life? Yes.Do GRB investments in communications convert the internet to the shareholders GRBnet? Yes.How do landless shareholders get land? The GRB reserve settles national debt for state assets."John Pozzi Is 'income' money? Is 'investment' in a money form? How would you define 'money'?
Vin wrote:John Pozzi wrote:Hi Vin, In the GRB eco system national debt-money and commercial banks are obsolete. There is only GRB – The People's Bank – Earth. JohnI must have misunderstood your post. What does this mean? "Does the GRB supply everyone with a basic income and free telecommunications for life? Yes.Do GRB investments in communications convert the internet to the shareholders GRBnet? Yes.How do landless shareholders get land? The GRB reserve settles national debt for state assets."John Pozzi Is 'income' money? Is 'investment' in a money form?
I've had a quick look Vin, and sadly it appears to be another "reform capitalism to make it work in the interests of the people" scheme.. Yet another example of so called radical thinking, that when examined in a bit of depth is just a rehash of the old failed attempts to make the slaughterhouse work in the interests of the animals.As can be seen from the flyer, workers will receive a "basic income", what Mr Pozzi is saying is that we workers (who produce, distribute and create all of the value in society) will get a few crumbs extra from the bakery, whilst the owners of the bakery still live of the profits off our labour.According to Mr Pozzi, the good news is their will be no multi national debt and a we'll have a people frinedly world bank, whoopy do.. All of this will masquerade as "world socialism". Perhaps Mr Pozzi could spend his time more fruitfully by examining the case for REAL world sociailism, and start to really think about how we can genuinely transform society, in effect, stop acting like a sheep in wolf's clothing and become a real revolutionary!
How would you define 'money'?GRB eco currency (money) is a natual commodity-backed digital global medium of exchange that values our common assets, i.e. the earth's wealth of natural resources (commodities) like natural light, energy, air, water, land, food, shelter, climate, law, etc."Does the GRB supply everyone with a basic income and free telecommunications for life? Yes.Shareholders' basic income is e50/day and via GRBnet free, open communications for life.Is 'income' money? Yes.Is 'investment' in a money form? Yes – GRB eco (money) investments from the ecosystem reserve account (e1.5q), and sustained by the shareholders investing a percentage of their GRB income directly in their societies – (5%) (e2.5/day) to begin. The GRBnet reserve account (e250t) in reserve and maintained by 2% of GRB income to begin .Wanted GRBnet Telecommunication Service Providers to service the GRBnet in exchange for ecos.
I've had a quick look Vin, and sadly it appears to be another "reform capitalism to make it work in the interests of the people" scheme.. Yet another example of so called radical thinking, that when examined in a bit of depth is just a rehash of the old failed attempts to make the slaughterhouse work in the interests of the animals.Thank you. We need more rational radical thinking.As can be seen from the flyer, workers will receive a "basic income", what Mr Pozzi is saying is that we workers (who produce, distribute and create all of the value in society) will get a few crumbs extra from the bakery, whilst the owners of the bakery still live of the profits off our labour. The product of labor is the basis of Adam Smith's artifical scarcity – economy. Get over it.The copious product of nature is the basis of the GRB economy.No work needed – just take care of the hood,i.e., Mother EarthAccording to Mr Pozzi, the good news is their will be no multi national debt and a we'll have a people frinedly world bank, whoopy do.. All of this will masquerade as "world socialism". Perhaps Mr Pozzi could spend his time more fruitfully by examining the case for REAL world sociailism, and start to really think about how we can genuinely transform society, in effect, stop acting like a sheep in wolf's clothing and become a real revolutionary!For true revolution go to https://www.grb.net/shaw
I have read about it, it is just another intent in order to beautify capitalism, more cosmetic in the face of capitalism.Nothing new, pure reformism, the same dog with different collar. Peoples bank is like a coop, the same things promoted by Richard Wolf.Capitalism must be complete replaced, it can not be reformed or humanized. It is a system that is overdue, it already stinks, it is on a dead endIt has been proven thousands of times already that reforming capitalism does not work. Just look how Donald Trump is reversing all the so called gains of the working class with a stroke of a pen,just look how all the so called socialists gains of the Soviet Union were reversed in a few years. The medications is worst than the disease
The GRB eco is a commodity-backed digital global currency that supplants national fiat notes.Therefore, GRB replaces capitalism and nation-states with a direct democratic global society that values natural resources.What is it that you don't understand about the answers to these questions?Does free-flowing GRB eco currency render politics, taxes, tariffs, interest, corruption, hunger, inequality, debt, poverty, pollution, refugees, artificial scarcity, ignorance, racism, crime, hacking, terrorism, armament, war, and national boundaries obsolete? Yes.Does public $ debt obstruct life, liberty, equality, freedom, security, peace, prosperity, innovation, trade, cooperation, communication, and a conscious global society that values Earth’s bountiful wealth of natural resources? Yes.
I read thd Shaw article and there are some information about abundance and the potential for more abundance in there that should be better known by people.Too often we are told that there is not sufficient resources to go around whereas the truth is that the world is a possible cornucopia…and this has been known for decades. Let me quote Sylvia Pankhurst from 1923 for you , John.
Quote:Socialism means plenty for all. We do not preach a gospel of want and scarcity, but of abundance…We wish to abolish poverty and to provide abundance for all. We do not call for limitation of births, for penurious thrift, and self-denial. We call for a great production that will supply all, and more than all the people can consume. Such a great production is already possible, with the knowledge already possessed by mankind. To-day production is artificially checked, consumption still more so.Even earlier, Marx's son-in-law was advocating the right to be lazyWhat i question is the necessity of your proposal and suggest it is over-complicating the answer to the issue. Isn't what we argue for, a far more simpler solution for achieving the same goal? Perhaps you could critique our case for free-access socialism and explain what we have wrong, John
John Pozzi wrote:The GRB eco is a commodity-backed digital global currency that supplants national fiat notes.Therefore, GRB replaces capitalism and nation-states with a direct democratic global society that values natural resources.What is it that you don't understand about the answers to these questions?Does free-flowing GRB eco currency render politics, taxes, tariffs, interest, corruption, hunger, inequality, debt, poverty, pollution, refugees, artificial scarcity, ignorance, racism, crime, hacking, terrorism, armament, war, and national boundaries obsolete? Yes.Does public $ debt obstruct life, liberty, equality, freedom, security, peace, prosperity, innovation, trade, cooperation, communication, and a conscious global society that values Earth’s bountiful wealth of natural resources? Yes.You can play it with violins and romantic lyrics, and it is capitalism. We do understand that commidity is the core of the capitalist society. Reformism has existed since the very beginning of the capitalist society, and they have adopted many forms
mcolome1 wrote:You can play it with violins and romantic lyrics, and it is capitalism. We do understand that commidity is the core of the capitalist society. Reformism has existed since the very beginning of the capitalist society, and they have adopted many formsAnd of course, where there are commodities and currency there can be no world socialism.
mcolome1 wrote:John Pozzi wrote:The GRB eco is a commodity-backed digital global currency that supplants national fiat notes.Therefore, GRB replaces capitalism and nation-states with a direct democratic global society that values natural resources.What is it that you don't understand about the answers to these questions?Does free-flowing GRB eco currency render politics, taxes, tariffs, interest, corruption, hunger, inequality, debt, poverty, pollution, refugees, artificial scarcity, ignorance, racism, crime, hacking, terrorism, armament, war, and national boundaries obsolete? Yes.Does public $ debt obstruct life, liberty, equality, freedom, security, peace, prosperity, innovation, trade, cooperation, communication, and a conscious global society that values Earth’s bountiful wealth of natural resources? Yes.You can play it with violins and romantic lyrics, and it is capitalism. We do understand that commodity is the core of the capitalist society. Reformism has existed since the very beginning of the capitalist society, and they have adopted many forms
The Global Resource Bank is a direct democratic economic theory of social organization that advocates that the means of production, distribution, and medium of exchange are owned and regulated by a global community that utilizes GRB ecos as their medium of exchange, i.e., GRB socialism.What do "we" seek to use in your SOCIALISM as your medium of exchange?
Art. 3. BANK ASSETS: The assets claimed by the Bank are the resources of nature outside national jurisdiction. The shareholders value the natural production capacity of ecosystems in this region at 6,000 trillion Global Resource Bank dollars on par with United States dollars. http://www.newciv.org/whole/globalresource.html what would be an example of "resources of nature outside national jurisdiction" oil wells, land, sunshine, sheep????????????
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