Group Information- Members: 79
- Category: Economics
- Founded: Feb 11, 2002
- Language: English
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Description
Time + Energy = Wealth. What's Your Share?
Whereas most central-bank currencies are backed by nothing but hypothetical "debt", artificial inflation, taxation without representation, terrorism and warfare, TEA dollars are 100% backed by HUMAN TIME and RENEWABLE ENERGY. The Treasury Network is a hypothetical civic association to administer the Time-Energy Accounting (TEA) monetary system that: 1. Issues a lawful complementary currency with equal rights and equal responsibilities. 2. Strengthens the liberties and responsibilities of individuals and communities. 3. Minimizes the centralization of power. 4. Balances competition and cooperation in a free and fair market. 5. Minimizes public and private bureaucracy. 6. Maximizes efficient and equitable utilization of natural resources. 7. Eliminates the rationale for personal income tax. 8. Minimizes the need for any taxation. 9. Minimizes corporate-government racketeering. 10. Adjusts the money supply with sustainable development. 11. Restores a full-reserve interest-free currency system. 12. Removes the primary cause of political-economic instability, inflation, poverty, crime, slavery, terrorism, warfare, waste of resources and environmental degradation. 13. Enhances life and liberty for all. The Treasury Network issues TIME DIVIDENDS backed by human lifetime ($1 = one hour = $730 per month) plus ENERGY DIVIDENDS issued to individual investor-consumers ("convestors") of harvested renewable energy ($1 = ten kWh) which can be freely traded in the marketplace. TEA dollars - issued by elected district treasuries - expire four years after issued, encouraging investment in durable goods and sustainable infrastructure. A maximum energy dividend of three thousand TEA dollars ($3,000 or 30,000 kWh RE) per month may be issued to each individual. Please explore the FILES, PHOTOS and LINKS.
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