Debt-free states with just two sentences

Debt-free states with just two sentences

It is without any logic that states borrow their own money

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Author: Helmut Rohe
Length: 7 page(s)
Language: English
Written: Oct 2017
Verkaufsrang: - XinXii Verkaufsrang
Views: 290

Category: Business & Politics » Politics  |  Work: Ratgeber
Keywords: currency, debt-free, logic, state debts, UN

Proposal to all states and UN: modifying central bank state laws

Just two sentences in the central bank law enable states
- to become debt-free
- to self-finance the state budget without borrowing money.

The logic behind a currency:
- the currency is originated by state law
- the owner of the currency is the state, not the central bank
- the central bank is an agency of the state
- the task of the central bank is manage the currency on behalf of the state
- the profit of the central bank is due to the state
- no state has the right to make the funding of the state budget dependent on decisions of private
- investors

All money is self-made by the central bank on behalf of the state

The United Nations only take proposals from their member states,
therefor I need the help of you, the reader

Readers: go to your government
force them to submit the proposal to the United Nations
to get a debt-free country


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About the Author


Member since: Aug 2010
Publications on XinXii:  6
About the author

Helmut Rohe

Born 1943 in Dessau, Germny

Lawyer,
retired, independent
interested in politics, economy, law, especially constitutional law

Email: rohe@hrohe.de


My experience:

Problems of states are often more easy to solve as assumed

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