some thing simply like the bitcoin white paper ...
FIATCOIN - a coin you can bank on
First we do not want to advertise that this is a private bank ,
so we will call ourself "The Federal Money Reserve Bank"
The Bank will create , print , lend and collect a money called 'bolards'
The bolards currency will be available has both coin(digital) and note (paper).
Bolard coin can be exchanged for bolard notes at are bank branch,
bolard notes are just a paper receipt for bolard coin's
and can be traded person to person directly and anonymously without the need of a bank account .
Why are bolard coins digital?
While people in are currently "heavily regulated" monetary system are working very hard in removing any remains of intrinsic value in our money,
by updating coins with cheaper and cheaper metals.
We here at the federal money reserve would like to take the next step and remove solid coins all together.
( Its for your own safty has these solid coins can be used by terrorists )
and also digital coins are easy to --track-- trade on the internet.
How are 'Bolards' created?
In this example, lets say a private company owned by a small group of people , owns large amounts of land,
and on this land many non company people live,
the company wants to employ these non company people but does not want to pay them with any money who's value they can not influence or control,
or has intrinsic value and can be traded independently (outside of conpany control).
Thats where we come in to save the day
We can open a bank branch on the land
( or we can open a bank with any name ( branding can be used ) and give value
to the new banks currency by trading it with/for our currency (aka front))
Are bolards have no value , to add value we need to create demand for are currency.
To do this we will need a 'Treasury Bond' and someone who can represent the public( non company owners).
We agree a value for this treasury bond, lets say a million bolards,
and now a piece of paper called a treasury bond is printed,
this treasury bond is a promise that the 1,000,000 will be paided back by the people ( with interest )
Once the treasury bond is in our hands , we open a bank account and ( proof ) one million bolards are created.
Now there is a demand ( value ) in bolards , has a promise ( treasury bond (debt)) was made to pay it back.
Has the owners pay out bolards to non company owners in exchange for goods and services ,
the people getting paided in bolards get charged a tax to pay back the debt.
INTEREST , THE MONEY SUPPLY AND DEBT.
One million bolards have been created and is now in the money supply,
but the one million bolards have been promised to be paided back with interest.
even with a low interest rate of one pecent in a years time the debt to be paided back to us will be 1,010,000.
how will they pay back the extra 10,000 bolards when there is only 1,000,000 bolards in the money supply?
they can't!
even if every bolard in the money supply is paided back there will still be a debt.
Bolards have no value , but can be traded/exchanged for goods and services of value,
we can write off the debt in exchanges of goods and services, but that will not only be a short story but would also kill off our business.
Welcome to modern money mechanics
remember 'heavily regulated' monetary system.
quote " The bank must maintain legally required reserves in the form of vault cash and or balances at a federal money reserve bank
equal to a prescrible percentage of its deposits"
quote" under current regulations , the reserve requirement against most transaction account is 10%"
well what does that mean?
there is currently 1,000,000 bolards in supply,
lets say 500,000 of which is sitting in checking accounts at our bank,
if there was a demand for a loan of upto 450,000 bolards,
we can create another 450,000 bolards into the money supply to lend out ( of course with interest )
there could now be upto 1,450,000 bolards in the money supply,
the money is not lent from the 500,000 in the checking accounts , the money from the checking account is used has a deposit to create the new money.
a quick rise in the money supply can cause high inflatition ,
which would be bad for the credibilty of are business model.
But money supply's (debt) must be created in order to replace the money taken by us from the money supply ,
when people pay back their debts to us with interest.
BRANDING.
Branding is very important to our business model.
And large investments must be made.
The federal money reserve coin's and note's have NO intrinsic value,
Its only value is debt.
someone somewere wants our coin's and note's to pay off a debt to are bank and thats were the demand ( value ) for are currency come's from.
We need to brand are coin's and note's has money.
To do this , we need to brand with something people are afraid to question, such as but not limited to
nationality , race , culture , religion , goverment, army, organizations , hero's and icons.
Its is also very important to brand our private bank and it's monetary system as the economy it's self.
And not let it be seen as just one part of the overall economy , which can be replaced with a more sensible monetary system.
COUNTERFEITS
counterfeiting bolards must be seen and treated as a serious crime and has a direct attack on our god 'the economy'.
( granted they may only be doing the same thing we are , but without the debt (or interest on debt)
but lucky for us most lawyers and goverment officials work for bolards and not the people)
Counterfeiting is a huge threat to our business model.
If someone or group learns and shares there knowledge on how to make bolard note's that can pass are system checks.
Then we may face a worst case scenario , as these counterfeit note's are non debt note's , which if increase's the money supply ,
everyone may be able to pay off there debts and interest to our bank.
In which case we will be left with nothing but a bunch of worthless bolards.
