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Jaben · 02-09-2007, 10:11 PM

The first thing I'd do is quit my current job and spend my time finding ways to help as many people as possible find abundance in their daily lives. It seems most of are in the rat race, enslaved by fear, greed and belief in scarcity. This causes much suffering and is even damaging to Earth's environment. I believe the fault is built into the design of our (recently turned global) economy. If I were given a billion dollars today I think I would spend a million or two researching any previous attempts at creating alternative exchange systems and then if it seems promising I would conduct my own experiment.

With my current knowledge the experiment would be something like this:

I would create 500 million of say AFA (Abundance for All) dollars. Then I would select a few thousand people to disperse the new currency to. I would select people who have already invested in sustainable resources such that I would have as close to a complete as possible exchange economy. That is, those in the circle who received the AFA dollars would have everything they need and want available to them in the exchange using mostly if not only AFA dollars. So I would need people who can provide food, energy, tools and machines, transportation, shelter, entertainment, personal development and everything else the people in the exchange need or want. It will be key that these people believe in peace and abundance for all and have the skills and determination to pull it off.

I would back the AFA dollars with the US dollars that I was given at a 1 to 1 exchange rate if for some reason this exchange economy failed. I would only request a few rules.
1. There would be no tax on any exchange.
2. Negative to no interest rates would be allowed on savings or loans.
3. I would encourage the price of goods and services to be set to cover the cost of creating the good or service, no more.

I believe a currency setup in this manner would encourage cooperation, sustainability and abundance for all. I believe this economy could be very prosperous.

After I had this in place I would use the rest of the money to either back more AFA dollars or use for any unforeseen challenges or requirements for success.

02-09-2007, 10:11 PM	#44 (permalink)
Jaben Senior Member Join Date: Nov 2006 Location: Minnesota Posts: 123	The first thing I'd do is quit my current job and spend my time finding ways to help as many people as possible find abundance in their daily lives. It seems most of are in the rat race, enslaved by fear, greed and belief in scarcity. This causes much suffering and is even damaging to Earth's environment. I believe the fault is built into the design of our (recently turned global) economy. If I were given a billion dollars today I think I would spend a million or two researching any previous attempts at creating alternative exchange systems and then if it seems promising I would conduct my own experiment. With my current knowledge the experiment would be something like this: I would create 500 million of say AFA (Abundance for All) dollars. Then I would select a few thousand people to disperse the new currency to. I would select people who have already invested in sustainable resources such that I would have as close to a complete as possible exchange economy. That is, those in the circle who received the AFA dollars would have everything they need and want available to them in the exchange using mostly if not only AFA dollars. So I would need people who can provide food, energy, tools and machines, transportation, shelter, entertainment, personal development and everything else the people in the exchange need or want. It will be key that these people believe in peace and abundance for all and have the skills and determination to pull it off. I would back the AFA dollars with the US dollars that I was given at a 1 to 1 exchange rate if for some reason this exchange economy failed. I would only request a few rules. 1. There would be no tax on any exchange. 2. Negative to no interest rates would be allowed on savings or loans. 3. I would encourage the price of goods and services to be set to cover the cost of creating the good or service, no more. I believe a currency setup in this manner would encourage cooperation, sustainability and abundance for all. I believe this economy could be very prosperous. After I had this in place I would use the rest of the money to either back more AFA dollars or use for any unforeseen challenges or requirements for success.