dear all, the author prefers not to see this published online, it's for solliciting feedback only at this stage, Michel ---------- Forwarded message ---------- From: Jason Ghionis <[email protected]> Date: Sun, Nov 12, 2017 at 6:03 PM Subject: An equitable, pro-environmental economy sanitized from capital mkt bubbles Hi all, In the past I’ve been reticent to share some of the ideas here, at least in the following, comprehensive format. However, given how the environmental clock is ticking... I think it’s beyond mandatory to share. *OBJECTIVE* *An economy sanitized from capital mkt bubbles, pro-environmental and equitable* So far, no one has been able to convincingly challenge the following model, parts of which I’ve outlined in greater detail here <http://positivemoney.org/2015/10/economic-myth-and-transformation/> (note: I’m no longer involved with PM). *Step 1* Strip commercial banks of the privilege/monopoly of issuing interest bearing, IOU currency *Step 2* Apply negative interest to all cash and cash equivalents *Step 3* Redistribute all negative interest proceeds via UBI *Step 4* Denominate all speculative financial instruments (equities, derivatives, convertible bonds etc.) in parallel currency; a "sanitization" process whereby capital market bubbles will not be able to affect the Real economy. *Step 5* Adjust and fine tune. ----------------------- *WHAT IS ACCOMPLISHED* With *step 1*: An end to private bank debtocracy (re inequality + minimize asset bubbles) + an end to the environmentally detrimental “growth imperative”. With *step 2*: Currency serves a pro-environmental function. With negative interest, all financial evaluation models reverse, rendering resource extraction beyond the Earth's carrying capacity, *unprofitable*. With *step 3*: Equitability, actualization-flourishing-potential realization across the entire population. With *step 4*: If a bubble is created, the parallel cap market currency depreciates, adjusting for the bubble. In other words, the real economy becomes immune to financial market bubbles. With *step 5*: As with any dynamic, complex-adaptive system, constant tweaks are the norm. Hopefully I'm not in La la land here. Jason -- Check out the Commons Transition Plan here at: http://commonstransition.org P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net <http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation>Updates: http://twitter.com/mbauwens; http://www.facebook.com/mbauwens #82 on the (En)Rich list: http://enrichlist.org/the-complete-list/