Youth Raising Capital
Donation protected
It is essential for every budding business to be able to raise capital to invest. My project is to fund my kindle singles projects. I aim to write short reads about various topics to be sold on Amazon for a price range of $0.99-$2.99.
My first topics include:
Usury- Usury is the practice of charging interest and sometimes excessive interest rates. In our current monetary system banks are allow to borrow for 0% interest and then charge customers excessive interest rates. The system is set up for the Federal Reserve to creat money from nothing, loan it to banks for free, and then charge the American people to use it. The American people have to repay their debts with money that is earned through production to pay creditors what they created from nothing. It is money begetting money.
A Monetary System Of Checks And Balances- When the founding fathers set up the government they insured no branch of government could hold too much power. They did this by creating three branches of government with seperate powers. Where the founders fell short was disagreement of our country's monetary policy. I propose a solution based on the three currency system of gold and silver (bimetallism) , cryptocurrency, and fiat money. All with seperate purposes and to create a system of check and balances with multiple currencies to stop the boom-bust cycles and keep currency rates pegged.
The Seven-Thirties Notes- Was a paper currency during the civil war issued through the treasury. The note allowed the government to borrow directly from the government and the noted could be redeemed after three years for a return of investment of 7.30%. There are various forms of currency notes during the civil war called compond interest notes. Using these types of notes our current government could issue fiat currency direct to the people without a Central Bank and it would place the power for the Federal Government to borrow in the control of the American people.
My first topics include:
Usury- Usury is the practice of charging interest and sometimes excessive interest rates. In our current monetary system banks are allow to borrow for 0% interest and then charge customers excessive interest rates. The system is set up for the Federal Reserve to creat money from nothing, loan it to banks for free, and then charge the American people to use it. The American people have to repay their debts with money that is earned through production to pay creditors what they created from nothing. It is money begetting money.
A Monetary System Of Checks And Balances- When the founding fathers set up the government they insured no branch of government could hold too much power. They did this by creating three branches of government with seperate powers. Where the founders fell short was disagreement of our country's monetary policy. I propose a solution based on the three currency system of gold and silver (bimetallism) , cryptocurrency, and fiat money. All with seperate purposes and to create a system of check and balances with multiple currencies to stop the boom-bust cycles and keep currency rates pegged.
The Seven-Thirties Notes- Was a paper currency during the civil war issued through the treasury. The note allowed the government to borrow directly from the government and the noted could be redeemed after three years for a return of investment of 7.30%. There are various forms of currency notes during the civil war called compond interest notes. Using these types of notes our current government could issue fiat currency direct to the people without a Central Bank and it would place the power for the Federal Government to borrow in the control of the American people.
Organizer
Stephanie Shepard
Organizer
Northport, AL