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Money for Nothing & Checks for Free! |
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by Jon Chance
Email: jpchance (nospam) egroups.com (unverified!)
Phone: unplugged
Address: Antarctica |
01 Mar 2002
Modified: 03 Mar 2002 |
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Who can reasonably deny that our lifetime is our most valuable asset? Who can reasonably deny that benign renewable energy is the foundation of a sustainable civilization? |
Time-Energy Accounting (TEA) dollars are 100% backed by human time and renewable energy.
The Time-Energy Accounting (TEA) network issues:
1. Citizens dividends backed by human lifetime
($1 = one hour = $730 per month) plus
2. Energy dividends backed by harvested renewable energy
($1 = one kilowatt-hour).
Each TEA dollar is valid for one year from the month of issuance, then "self-redeems" or "extinguishes" itself like an expiring coupon.
The sooner participants circulate or invest each TEA dollar, the more value the dollar has, since it represents time-energy value for only one year (demurrage).
Savings are channeled to useful investments in renewable energy infrastructure rather than paper money, precious metals, uranium, oil or other "barren" (non-renewable) commodities.
Renewable energy investments produce real dividends (not interest) in the universal metric of kilowatt-hours measured by ordinary energy meters.
Human lifetime (not labor time) is itself a natural dividend in the universal metric of hours measured by ordinary clocks (unless you endorse slavery).
Participants are issued citizens dividends once they are 16 or over so that parents will not be encouraged to over-populate for money.
TEA dollars - paper and/or electronic - are negotiable currency. They are impossible to cost-effectively counterfeit.
Who can reasonably deny that our lifetime is our most valuable asset?
Who can reasonably deny that benign renewable energy is the foundation of a sustainable civilization?
Among other things, renewable energy can desalinate our oceans to produce abundant fresh water.
The TEA system liberates everyone from wage-slavery and liberates the Earth from excessive human exploitation.
The issuing of TEA dollars is performed by elected local treasurers and their staff.
No electronic or other non-manual vote tabulation is permitted.
Confederated / cooperative local treasuries co-audit each other on a randomly selected basis every three months.
Time + Energy = Wealth.
Simplicity is the ultimate sophistication.
egroups.com/group/Time-Energy-Accounting
If you'd like to understand the hocus-pocus of money creation (contemporary banking) and why it is the institutional origin of all major human-created problems, here are plenty of related resources:
egroups.com/group/jpchance/links/Treasury_000993420879
Buckminster Fuller's macroeconomic Cosmic Costing is particularly illuminating:
people.montana.com/~calsch/CosmicCosting.htm
bfi.org |
See also:
egroups.com/group/Time-Energy-Accounting
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LOL |
by Rachel
(No verified email address) |
03 Mar 2002
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you're very silly. |
