latest Credit Bank summary...

1 view
Skip to first unread message

Richard Moore

unread,
Jun 20, 2009, 12:13:29 PM6/20/09
to credit-b...@googlegroups.com, NewWorldR...@yahoogroups.com, new-world-...@googlegroups.com
Bcc: usual suspects
___________

Greetings,

I reviewed the underlying model and discovered some major improvements. 

Better immunity to taxation, and stronger development stages. 

There's now an umbrella Community Development Cooperative, and within that is the Co-op Credit Bank, and lots of semi-autonomous worker-co-op entities. People join the Co-op and then they can use credits as tokens to make exchanges with one another, and with Co-op entities. Local businesses can join the Co-op and offer their wares fractionally, as a combination of a dollar sale and a credit exchange.

I'm working on the document, but here's the diagram it's based on:




Reply all
Reply to author
Forward
0 new messages