Biomimicry In Finance #1

Biomimicry In Finance Explained:

In Nature, Water Is One Direct Equivalent To Money:

Let’s get into some detail here.

For many Life-Forms in Nature’s Authentic Economy on Earth one direct and obvious equivalent to Money is Water.

Hence terms like, “Liquid Assets”; “Liquidity”; “Cashflow” and “Frozen Assets” have been intuitively adopted by The Money World.

A broker or financial advisor who brings a large number of wealthy clients to the firm he or she works for is called a, “Rainmaker”. Rainmakers are skilled at expanding their client base and increasing their assets under management.

Similarly, when a financial system, such as a large bank or investment firm, proves to be full of holes and thus, “unable to stay afloat” and all the signs are it is going to “sink”, instead of allowing such a leaky or broken vessel to do so, a Central Bank and / or a Government, may engage in a “bail out”.

So there is a fairly obvious correlation between fundamental aspects of The Money World and water, but, in The Real World, water is not the only direct equivalent to Money.

Oxygen is another direct equivalent to Money for many life-forms on Earth, including human beings – and there are others, such as Carbon Dioxide, which is absolutely essential to all green plants, and thus the whole Life Cycle of Earth.

It is not only entirely possible, it is actually relatively easy, to use any of these things – and many other natural things of REAL VALUE too – as the basis for a new ABUNDANCE BASED Money and Sustainable Reserve Banking System

But, for now we will concentrate only on how any Fresh-Water-Based “Natural Money System” basically works in a region, to support a vast number of Authentic Banks (Ecosystems) and the Authentic Economies they in turn support, here in The Real World:

In this context, the world ocean is essentially The Central Bank for all living things on Earth that require either Sea Water of Fresh Water to survive.

In our Fresh Water-Based “Natural Money System” the rain that falls onto any Ecosystem (Authentic Bank) is the direct equivalent of Money in this example.

All of that Money which has rained down on the land for countless millennia was created by the Cloud Banks from vast amounts of Fresh Water that had evaporated from The Ocean.

The Cloud Banks provide, in normal circumstances, an appropriate Abundance of Water / Natural Money for all of the communities which rely upon Fresh Water in a specific Ecosystem.

Some of that rain collects in tiny pockets, puddles and pools, from which some inhabitants of the community draw whatever water (Natural Money) they need each day.

These pockets, puddles and pools are the Community-Cash-Dispensers, and Micro-Banks spread throughout the Ecosystem.

The streams and rivulets which flow across the land are the Main Supply of Money into The Community.

The water from the streams and rivulets ends up in the lakes and rivers, which together form a Community-Money Reserve [lake] and numerous High Street Banks [rivers and streams] both of which are actually on the land itself, exactly where they are needed.

Please note the following:

Every single inhabitant of such an Ecosystem, every member of the Community – without exception – is entitled to withdraw any amount of Water [Natural Money], whatever is sufficient for their individual REAL and NATURAL requirements, directly and easily from this Authentic Banking System at any time.

The reason this system works is because all Natural Sentient Beings are being Authentic in this. They don’t generally go nuts and behave like crazy people.

Wisely, they take only the amount of water that they truly need. They are not stealing water and they are not hording water, because they don’t need to do that.

Unless there is a drought and the water-flow stops, or unless there is a flood and there is too much water, there is always an Appropriate Abundance of the water they need.

Now of course in some Ecosystems, for example parts of the Amazon Rainforest, that really is how it is – generally speaking there is never any shortage of water in certain locations, nor is there an excess of water, there is always an Appropriate Abundance, however in some other Ecosystems, especially those in arid or desert locations, there obviously can be a real water-shortage or water-excess.

What is being proposed here is that when we employ Biomimicry in Finance in order to produce Truly Sustainable Financial Prosperity For All, and simply to prove the concept, we initially mimic a balanced and continuously stable Fresh-Water Based Authentic Economy where we model our new Money Creation System and our Sustainable Banking System on those Ecosystems or Authentic Banks where water is always APPROPRIATELY ABUNDANT, rather than mimic any Ecosystems or Authentic Banks where water is frequently SCARCE.

Please remember that whatever form it takes, however tangible or intangible it may be, and whatever tangible or intangible thing ostensibly backs the Money, the Money used by any Community is always a type of FIAT MONEY, regardless of whether that money is:

  • Backed only by genuine COMMUNITY AGREEMENT and by this alone.
    • So this specific kind of FIAT MONEY appears to be backed by nothing, but it is actually fully backed by the community agreement itself, even though this is a completely intangible thing, this is ultimately the main thing that backs any Money, simply because the community rightly regards that very important community agreement as being, of itself, something sacred and of REAL VALUE to the community.
  • Linked to a QUANTITY of something, usually something like gold, silver or some other commodity.
    • So this kind of FIAT MONEY is fundamentally and fully backed by the COMMUNITY AGREEMENT that gives the Money legitimacy in a given community, and it is also additionally linked to something tangible, some commodity, though please remember that any such commodity is a thing that is only of DEEMED VALUE, with its value being highly variable and utterly dependent upon what value, if any, The Money World deems this thing to have. The gold or silver etc. is not, of itself and in this context, a thing of REAL VALUE to The Real World.
  • Linked to the QUALITY of something that is of REAL VALUE to Life & Nature.
    • So this kind of FIAT MONEY is fundamentally and fully backed by the COMMUNITY AGREEMENT that gives the Money legitimacy in a given community, and, in addition, it would also be linked to something like the vitally important QUALITY of something that actually is of REAL VALUE to Life & Nature in The Real World, which includes things like:
    • Healthy & Clean Fresh Air
    • Healthy & Clean Fresh Water
    • Healthy & Clean Ocean Water
    • Healthy & Diverse Eco-Systems

And so taking all of the above into account, the following is an example of how any REAL WORLD COMMUNITY can, if they wish, employ Biomimicry in Finance to create their own Actual Money and establish a bona-fide Sustainable Reserve Banking System that is linked to the QUALITY one or more of the following:

  • Healthy & Clean Fresh Air
  • Healthy & Clean Fresh Water
  • Healthy & Clean Ocean Water
  • Healthy & Diverse Eco-Systems

In this example, we are using only ONE of the above (we could use any number) – and in this case we will be linking to both the QUANTITY and the QUALITY of an Agreed Sustainable Reserve of Healthy & Clean Fresh Water.

We are also using this example in full awareness of the fact that:

The US Dollar is The Reserve Currency of The Whole World.


Step One:

PURELY FOR THE PURPOSES OF DETERMINING THE MONETARY VALUE OF THE AGREED SUSTAINABLE RESERVE OF OUR OWN COMMUNITY: (This is crucial):

We all reach a bona-fide REAL WORLD COMMUNITY AGREEMENT of the REAL VALUE to us, but converted to Monetary Terms, of ONE DROP / ONE LITRE / ONE GALLON / ONE CUBIC MILE of an AGREED “benchmark” body of 100% Healthy & Clean Fresh Water:

  • Lake Hovsgol in Mongolia and Lake Baikal in Russia are examples of extremely clean and healthy bodies of Healthy & Clean Fresh Water. Either of these, or some similar body of genuinely 100% Healthy & Clean Fresh Water elsewhere in the world could be used as the agreed “benchmark” by any Real World Community as being an example of: “This is what a 100% Healthy & Clean body of Naturally Sustained Fresh Water consists of”.

So, for instance, We The People (of any community) may all agree to use THE HIGHEST QUALITY of the water in Lake Hovsgol in Mongolia as our “benchmark” of first rate, truly world-class

  • Healthy & Clean Fresh Water.

Then, after appropriate discussion, we all reach our bona fide REAL WORLD COMMUNITY AGREEMENT that:

  • “We The People (of whatever community) value THE QUALITY of such 100% Healthy & Clean Fresh Water, in Monetary Terms, at $1 per drop…or
  • “We The People of this community value THE QUALITY of such 100% Healthy & Clean Fresh Water, in Monetary Terms, at 1 Cent per drop…or
  • “We The People of this community value THE QUALITY of such 100% Healthy & Clean Fresh Water, in Monetary Terms, at 10 Cents per drop…or
  • Any other amount that we all genuinely AGREE upon.

Then, whatever that amount turns out to be, that amount will become the DEEMED VALUE of one drop of 100% Healthy & Clean Fresh Water.

Please Note:

We are attributing that DEEMED VALUE to one drop of 100% Healthy & Clean Fresh Water only for the purpose of creating an agreed Financial Baseline of

THE QUALITY

We will absolutely NOT be turning the water in our Agreed Sustainable Reserve of Fresh Water into a commodity to be sold at (say) $1 per drop.

That is absolutely NOT what we are talking about here, as you will see shortly.

Step Two:

We choose at least one suitable Agreed Sustainable Reserve of Fresh Water – such as a natural lake or even a man-made reservoir.

Usually this will be contained within or adjacent to the land inhabited by a given REAL WORLD COMMUNITY of people which has decided to implement Sustainable Reserve Banking.

For example:

In  order to establish an exemplar Sustainable Reserve Banking System and Actual Money Creation Process that produces Truly Sustainable Financial Prosperity For All the people of:

  1. Michigan
  2. North America
  3. The World

…we could use:

  1. Lake Michigan
  2. The Great Lakes of North America
  3. Lake Baikal in Russia

Step Three:

We then ascertain the VOLUME (Quantity) and the actual DEGREE OF HEALTHINESS & CLEANNESS (Quality) of the chosen Agreed Sustainable Reserve(s).

We determine the QUALITY by comparing this to our agreed “benchmark” of a naturally sustained body of 100% Healthy & Clean Fresh Water (such as Lake Hovsgol in Mongolia).

We would also continually monitor both the QUANTITY and QUALITY of the Fresh Water in our Agreed Sustainable Reserve – in order to accurately record both of these things on a daily, weekly, monthly and annual basis.

This would be a vitally important task that would be ongoing – ad infinitum – for as long as we continue to use the specific thing or things that we have chosen to use as our Agreed Sustainable Reserve(s).

Step Four:

Using the data obtained from the REAL WORLD MONITORING of our AGREED SUSTAINABLE RESERVE(s), plus the REAL WORLD COMMUNITY AGREEMENTS made, via Steps 1, 2 and 3 above, on an AGREED DATE  (say 1st January 2018) We The People (of a specific community) establish an Authentic Bank, which will operate as a publicly owned Utility Company.

The very first Real World Community on the planet that decides to create a specific amount of Actual Money and establish its own Sustainable Reserve Banking System to manage that money opens the very first, “Better-World Bank”.

The people of any distinct community on the planet may do their own version of what I’m proposing here, and they may of course call their new bank whatever they wish. However, for the purposes of the articles and examples on this website, let’s assume the first such new Authentic Bank is set up by We The People of Michigan, USA and is therefore called:

  • The Better-World Bank of Michigan

Tying all of this in to the rest of the information on this website, the actual work entailed in initially funding, setting up and staffing this very first Better-World Bank – in preparation for the big launch day (say – 1st January 2018) – would be carried out by The Michigan Ethical Money Entrepreneurs (The MEME).

Please note that The MEME will not own The Better-World Bank of Michigan. The Better World Bank of Michigan will be owned 100%, forever, by We The People of Michigan, USA. No corporation must ever control this or any other Better-World Bank.

However, completely transparently, and always being completely accountable to We The People of Michigan, USA, the job of ensuring effectiveness of operations and maintaining integrity (‘policing’) the Better-World Bank of Michigan, will be done by The MEME.

Of course any number of other completely independent ‘watchdog’ entities may also be set up, to see that everything The Better-World Bank of Michigan does is done truly ethically, with complete integrity and in a globally responsible manner.

Assuming everything works well, and this experiment which We The People of Michigan, USA conduct on behalf of We The People of North America and, ultimately, We The People of The Whole World – then, on a second and possibly a third mutually agreed date (say, 1st January 2020, and / or 1st January 2025), two more Better-World Banks are opened, namely:

  • The Better-World Bank of North America
  • The Better-World Bank of Planet Earth

And at that time Truly Sustainable Financial Prosperity For All becomes a reality for every man, woman and child on the planet – and for each of their businesses too.

Strengthening The Dollar & Replacing The Fed:

Just before we dive into the detail of what the above four steps can produce in reality, it is important to appreciate the following:

The quantity and value of US Dollars, the quantity and value of British Pounds, and the quantity and value of many other currencies, used to be directly linked to gold and something called “The Gold Standard”.

Because of the scarcity of gold, that was never a good idea and for various reasons all countries in the world abandoned The Gold Standard at some point in the 20th Century.

What we’re talking about establishing here, is The Clean Fresh Water Standard as the basis of and yardstick for deciding the quantity and value of US Dollars and British Pounds and the quantity and value of all other currencies on the planet too.

We could be talking about The Clean Ocean Water Standard, The Clean Air Standard, The Ecological Diversity Standard and so forth – but I don’t want to complicate things here or make your brain explode, so I’m just going to talk about how we can, if we wish, use The Clean Fresh Water Standard to produce large quantities of high value Actual Money – for everyone on the planet.

Please note, that even though the US Dollar is the official reserve currency of the planet – that too can change. Indeed it is highly likely that this situation will change in the not too distant future, if we continue to use the Fractional Reserve Banking System around the world, because at this moment in time the US Dollar is backed by absolutely nothing – except the trust that people in the USA and around the world have in The Federal Reserve System of The USA.

And people have been losing faith in The Fed for some time now – with good reason.

Remember, any Money is only Money as a result of a Real World Community Agreement – and, let’s hope this never happens, but, the second that We The People of The Real World all formally agree something like, “The US Dollar is no longer the official reserve currency of the planet…” that becomes the reality.

However, if the US Dollar was directly linked to a truly sustainable Clean Fresh Water Standard, rather than completely untenable Gold Standard to which it was officially linked one hundred years ago and rather than the absolutely nothing to which it is linked at the moment, well – linking the US Dollar to a formally agreed Clean Fresh Water Standard would put the muscle back into the muscle car.

We simply use Michigan as the proving ground to test and tweak this new muscle car, to make sure it works properly.

So, for the good of the world, and the strength of the US Dollar, it would make a great deal of sense for The Sustainable Reserve Banking System of the USA to replace the blind-man’s casino of The Federal Reserve Banking System of the USA asap.

Especially, if in doing so, the US Government were able to announce that as soon as the new Sustainable Reserve Banking System went live:

All Debts Are Off!

Show Me The Money!!!!

Bearing in mind steps 1 – 4 above, the obvious questions that anyone must have in mind by now are probably something like:

Well, I still don’t see how this can create Truly Sustainable Financial Prosperity for All – so how much Money are we talking about here? How much money can this put in my bank account or my pocket? And how will that be ‘sustainable’ ?

OK, let me answer those questions:

Before we start, you may find it useful to have the following list of numbers here for future reference:

  • Ten: 10 (1 zero)
  • Hundred: 100 (2 zeros)
  • Thousand: 1000 (3 zeros)
  • Ten thousand 10,000 (4 zeros)
  • Hundred thousand 100,000 (5 zeros)
  • Million 1,000,000 (6 zeros)
  • Billion 1,000,000,000 (9 zeros)
  • Trillion 1,000,000,000,000 (12 zeros)
  • Quadrillion 1,000,000,000,000,000 (15 zeros)
  • Quintillion 1,000,000,000,000,000,000 (18 zeros)
  • Sextillion 1,000,000,000,000,000,000,000 (21 zeros)
  • Septillion 1,000,000,000,000,000,000,000,000 (24 zeros)
  • Octillion 1,000,000,000,000,000,000,000,000,000 (27 zeros)
  • Nonillion 1,000,000,000,000,000,000,000,000,000,000 (30 zeros)
  • Decillion 1,000,000,000,000,000,000,000,000,000,000,000 (33 zeros)

Let’s Get Started!

Remember that any Actual Money created is, of course FIAT MONEY* that is fully backed by relevant bona-fide REAL WORLD COMMUNITY AGREEMENTS.

Remember also that in addition to being fully backed by an appropriate Real World Community Agreement, the new Actual Money which each Real World Community has created by ‘big launch day’ is consciously linked to (a) The QUALITY and (b) The QUANTITY of Fresh Water in our Agreed Sustainable Reserve(s).

Let’s assume that the Agreed Sustainable Reserves for the three distinct communities we’re talking about are as follows:

  • The Agreed Sustainable Reserve of We The People of Michigan, USA is Lake Michigan.
  • The Agreed Sustainable Reserve of We The People of North America is The Great Lakes of North America.
  • The Agreed Sustainable Reserve of We The People of The World is Lake Baikal in Russia.

According to Wikipedia, the Quantity of fresh water in each of these is as follows:

  • Lake Michigan has a total volume of: 1,180 cubic miles
  • The Great Lakes of North America have a total volume of: 5439 cubic miles
  • Lake Baikal, the largest freshwater lake in the world, has a total volume of: 5,700 cubic miles

That’s a lot of water.

Now, to accurately assess the Quality of those bodies of water requires some real work to be done, real measurements to be taken, but for now, let’s assume that in relation to our ‘benchmark’ body of super-duper healthy and clean fresh water over in Mongolia, Lake Hovsgol, which gets a rating of 100%, because we deliberately measure the least clean & healthy parts of those bodies of water, each of our Agreed Sustainable Reserves measure up as follows:

  • Lake Michigan has a lowest QUALITY (healthiness & cleanliness) of: 25%
  • The Great Lakes have an overall lowest QUALITY of: 20%
  • Lake Baikal has an overall lowest QUALITY of: 40%

And let’s assume that We The People (of the above Real World Communities) have all agreed that the DEEMED VALUE of the super clean and healthy water in Lake Hovsgol – which is, purely for setting an initial financial benchmark, remember – is $1 per drop.

Now the math for working out the Monetary Value of each of the above Agreed Sustainable Reserves is as follows:

  • 120 drops of water = 5 milliliters
  • 1 US gallon = 3.785411784 liter

We multiply the above number of liters by one thousand to see how many milliliters there are in one gallon. This comes to 3785.411784 milliliters in one US Gallon. We divide that by five – which gives us: 757.0823568.  Then we multiply that by one hundred and twenty to give us the number of actual drops in 1 US Gallon.

This means there are 90849.882816 drops in 1 US gallon, which is near enough 90850 drops per US gallon.

According to Wikipedia – one cubic mile of water contains: 1,101,117,140,000 US Gallons. So multiply that by 90850 to get the number of drops of water in one cubic mile, which comes to: 100,036,492,169,000,000 drops of water in one cubic mile.

So, using the above figures, the number of drops of water, in each of our Agreed Sustainable Reserves comes to:

  • Lake Michigan = 118,043,060,759,420,000 drops of water
  • The Great Lakes = 544,098,480,907,191,000,000 drops of water
  • Lake Baikal = 570,208,005,363,300,000 drops of water
Note: If you wish to check these figures, or play with other calculations, you might find a large number online calculator useful - this one is free - click here to access.

Now we factor in the (guesstimated) QUALITY of each of our Agreed Sustainable Reserves, which gives us the final DEEMED Monetary Value in US Dollars for each of them as:

  • Lake Michigan = $29,510,765,189,855,000
  • The Great Lakes = $136,024,620,226,797,750,000
  • Lake Baikal = $228,083,202,145,320,000

OK so far – please bear in mind that every bit of this has to be determined by Real World Community Agreements and by really taking accurate scientific measurements of the quality of relevant bodies of water in The Real World, so the above numbers and those which follow are simply to illustrate the basic concept.

Now, we use the least clean and healthy parts of these bodies we can find simply because this is really all about taking care of The Real World, and the basic principle which underlies this whole idea of creating Truly Sustainable Financial Prosperity For All, via Sustainable Reserve Banking, has very little to do with the Money.

It has everything to do with taking excellent care of The Real World.

The fact is Truly Sustainable Financial Prosperity For All is simply a by-product of taking great care of The Real World. Essentially how much Actual Money this produces is simply a measurement of how well we are doing (or not) with regard to taking great care of Planet Earth and all her inhabitants.

Any Agreed Sustainable Reserve we use is simply acting as a living representative of the whole of Planet Earth and a barometer of our ecological awareness and wisdom, as a species.

By deliberately linking Economy & Ecology in this way, of course we provide a way to ensure Truly Sustainable Financial Prosperity For All becomes a reality, but we also naturally provide a huge financial and moral incentive to people, which should make it much easier for all of us to consciously choose to take excellent care of the world’s Ecosystems, locally and globally.

How so?

Well, let’s look at those numbers again and start drilling down into the finer details of how this could all work.

For the moment we’re going to concentrate only on Lake Michigan and The Better-World Bank of Michigan.

  • A quick Google search shows that in 2014, the population of Michigan was just over 9 Million people. Let’s round that up to 10 Million for now, just to keep the math simple.
  • In 2008 the estimated population of North America was 528.7 Million people. Let’s round that up to 1 Billion people throughout the whole of the USA, Canada and Mexico, just to keep the math simple.
  • In March 2016 the estimated population of the World was 7,4 Billion people. Let’s round that up to 10 Billion for now, just to keep the math simple.

Let’s also assume that each one of those people has, or might wish to have, their very own business. So we’d be talking about 10 Million, 1 Billion and 10 Billion potential or actual businesses for Michigan, North America and The World, respectively.

So, depending on the Real World Community Agreements which determine how this would actually work in reality – and there are many ways that this could work – just one way that this could work, with all of the above in mind, is as follows:

On 1st January 2018, when The Better-World Bank of Michigan opens its doors,  The Better-World Bank of Michigan, the world’s first Authentic Bank that uses a Sustainable Reserve Banking System linked to the QUANTITY and QUALITY of the water in Lake Michigan, already has in place, on big launch day:

  • 10 Million Personal Accounts  …and
  • 10 Million Business Accounts

One account for every man, woman and child in the State of Michigan – and one account for each of their actual or potential businesses. Each account would also have its own Debit Card.

Or – when it opens its doors The Better-World Bank of Michigan has in place:

  • 1 Billion Personal Accounts …and
  • 1 Billion Business Accounts

One account for every man, woman and child in North America – and one account for every one of their actual or potential businesses. Each account would also have its own Debit Card.

Or -when it opens its doors The Better-World Bank of Michigan has in place:

  • 10 Billion Personal Accounts …and
  • 10 Billion Business Accounts

One account for every man, woman and child on the planet – and one account for every one of their actual or potential businesses.Each account would also have its own Debit Card.

Now I’m not going to go into a deep discussion here about which of the three options above is the best one to go for.

That must be something which is ultimately decided by We The People of Michigan, at the very least – though you can probably already see that this would almost certainly provoke a huge amount of interest, concerns as well as hopes, in the rest of North America and the rest of The World.

No doubt lots of people will have something to say about this – which is exactly as it should be.

All I’m going to do here is to illustrate what kind of financial prosperity each of the above simple scenarios would produce.

Using Lake Michigan alone for each of the above three options would produce the following situation:

On 1st January 2018, the accounts of every man, woman and child in the communities listed below, and each of their actual or potential businesses, would be fully charged with the following amounts:

The people & businesses in Michigan alone:

  • $1,475,538,259.49 in each personal account
  • $1,475,538,259.49 in each (dormant or live) business account

Yes, that is almost $1.5 Billion in each personal account AND in each business account of all Michiganders.

So – before I go to the next step, let’s look at what would happen on 1st January 2019 in this scenario:

One year has passed since the new Better-World Bank of Michigan began operating as a public utility company, responsible for ensuring the people of Michigan can have easy access to the Actual Money that they created via a formal Real World Community Agreement, and with that Actual Money being linked to the Quantity and Quality of fresh water in Lake Michigan.

Let’s imagine that throughout 2018, the Michiganders decided to improve the Quality of the water in their Agreed Sustainable Reserve and clean up the least clean and healthy parts of Lake Michigan to the best of their ability.

There isn’t a lot you can do in a year, but let’s say they did improve things a little, so that now, the Quantity is the same as before, but the Quality of the water now stands at (say) 28% – compared to Lake Hovsgol in Mongolia.

Regardless of how much Actual Money they used or didn’t use throughout 2018, on the new ‘day 1’ of the Better-World Bank of Michigan’s financial year in 2019, each and every personal account and each and every business account is reset.

The new total Monetary Value of the Agreed Sustainable Reserve of the slightly cleaner Lake Michigan is calculated to be a total of:

  • $33,052,057,012,637,600

The total Monetary Value of the same Agreed Sustainable Reserve on 1st January 2018 had been:

  • $29,510,765,189,855,000

But because they had ‘cleaned up their act’ just a little, so that the water Quality was just 3% better than it had been the year before, the Agreed Sustainable Reserve of Lake Michigan, on 1st January 2019, is now worth: $3,541,291,822,782,600 more to We The People of Michigan than it was on 1st January 2018.

Yes, that is just over $3.5 Quadrillion.

And still using Lake Michigan only to benefit the Michiganders and their businesses, this would mean that on 1st January 2019, when each of their bank accounts (personal and business) are reset, they each start the new year with the following in their different accounts:

  • $1,652,602,850.63 – in each Michigander’s personal account.
  • $1,652,602,850.63 – in the (dormant or live) business account of each Michigander

That’s over $1.6 Billion, in each account.

OK – if you’re still with me, then it should be fairly obvious that the creation of Actual Money, which is fully backed by a genuine Real World Community Agreement and which is also linked to the Quantity and Quality of an Agreed Sustainable Reserve, can produce a lot of money for the people in that Real World Community – and each of their actual or potential businesses.

By resetting every single account, at the start of each new financial year, the amount of Actual Money in each account will either be the same as it was 12 months earlier, or it will be more than it was, or it will be less than it was 12 months earlier.

It depends entirely on how well the people of that community take care of their Agreed Natural Reserve.

And that is basically how the Sustainable Reserve Banking System would ensure Truly Sustainable Financial Prosperity For All – ad infinitum. By resetting the “Ecological Quality” clock each new year.

So long as we take great care of Planet Earth, we’re in the money.

Do you see?

It really is very simple.

And because all of the eco-systems of the world really are interconnected – so we can’t just take care of our Agreed Sustainable Reserves and ignore the rest of the planet, it should be pretty obvious now that through the Sustainable Reserve Banking System being proposed here:

The financial wellbeing of the people is directly linked to the ecological wellbeing and life of the planet. The happier and healthier the planet, the wealthier the people.

Simple.

Now, let’s compare the above with what would happen if the Michiganders decided to share their new found financial wealth with a) We The People of North America and b) We The People of The World – still just using Lake Michigan as the Agreed Sustainable Reserve, and rounded up populations of 10 Million, 1 Billion & 10 Billion people in Michigan, North America & The World, respectively:

Using Only Lake Michigan As The Agreed Sustainable Reserve of

The Better-World Bank of Michigan

On 1st January 2018: Each Personal Account Contains: Each Business Account Contains:
Michiganders & their businesses only: $1,475,538,259.49 $1,475,538,259.49
Michiganders & every other North American & each of their businesses too: $14,755,382.59 $14,755,382.59
Michiganders & everyone in The World & each of their businesses: $1,475,538.26 $1,475,538.26
On 1st January 2019: Each Personal Account Contains: Each Business Account Contains:
Michiganders & their businesses only: $1,652,602,850.63 $1,652,602,850.63
Michiganders & every other North American & each of their businesses too: $16,526,028.51 $16,526,028.51
Michiganders & Everyone In The World & each of their businesses $1,652,602.85 $1,652,602.85

Just using Lake Michigan, and the kinds of base figures used in this example, the worst case scenario would make everyone on the planet a US Dollar millionaire, every January 1st.

Like everyone on Earth having a modest win on the lottery, each New Year’s Eve – forever.

Now, the above figures illustrate how we could, through appropriate Real World Agreements, create Truly Sustainable Financial Prosperity For All, just using the Agreed Sustainable Reserve of Lake Michigan, and the noble artifice of Sustainable Reserve Banking, managed through the good offices of The Better-World Bank of Michigan, with The MEME (The Michigan Ethical Money Entrepreneurs) acting as transparency & integrity assurance agents and general watchdogs, for the good of all.

If we assume for now that this experiment is declared a success, then perhaps on 1st January 2020, the whole of North America switches over to Sustainable Reserve Banking from Fractional Reserve Banking, either by setting up completely new Better-World Banks or by converting existing banks, like The Fed, into bona fide Better-World Banks, using the Agreed Sustainable Reserves of all of The Great Lakes of North America.

In that scenario, we would see something like this:

Using The Great Lakes As The Agreed Sustainable Reserve of

The Better-World Bank of North America

On 1st January 2020: Each Personal Account Contains: Each Business Account Contains:
All North Americans & their businesses: $54,409,848,090.72 $54,409,848,090.72
All North Americans & everyone else in The World & each of their businesses: $5,440,984,809.07 $5,440,984,809.07
On 1st January 2021:

Assumptions: Water Quantity same as 01/01/2020 Water Quality in least clean & healthy part of whole of The Great Lakes improved by 2% on last year.

Each Personal Account Contains: Each Business Account Contains:
All North Americans & their businesses: $59,850,832,899.79 $59,850,832,899.79
All North Americans & everyone else in The World & each of their businesses: $5,985,083,289.98 $5,985,083,289.98

Assuming that the above is also shown to work, and Sustainable Reserve Banking is declared a success throughout North America – and the rest of the world – then perhaps on 1st January 2025 the rest of the world switches completely over to Sustainable Reserve Banking from Fractional Reserve Banking.

Once again, doing so either by setting up completely new Better-World Banks or by converting existing banks into bona fide Better-World Banks, and using (for example) the Agreed Sustainable Reserve of Lake Baikal.

In such a scenario we would see something like this:

Using Lake Baikal As The Agreed Sustainable Reserve of

The Better-World Bank of Planet Earth

On 1st January 2025: Each Personal Account Contains: Each Business Account Contains:
Everyone in The World & each of their businesses: $11,404,160.11 $11,404,160.11
On 1st January 2026:

Assumptions: Water Quantity same as 01/01/2025 & water Quality in least clean & healthy part of Lake Baikal reduced by 5% on last year – increase in pollution.

Each Personal Account Contains: Each Business Account Contains:
Everyone in The World & each of their businesses $10,833,952.10 $10,833,952.10

You’ll note that because the water Quality in Lake Baikal dropped most significantly during 2025, as a result of an increase in pollution, that was directly reflected in the amount of money that was paid into every one of the personal and business accounts held at The Better-World Bank of Planet Earth at the start of 2026.

Now, obviously, the sum of $10,833,952.10 is still a very large amount of money. Still considerably more than any person on the planet is likely to need to use in a single year to have a good life without going crazy. But that is really not the point.

This isn’t about the Money.

The real point to all of this is that this reduced figure tells everyone, “Hey! We The People of The Real World have not taken great care of Lake Baikal during the past year – and that simply isn’t acceptable! We need to put that right and improve the levels of healthiness and cleanness in Lake Baikal this year, and we must keep improving it from now on. We’re better than that!”

You see this is much more about raising awareness of the vital importance of our local and global ecology than it is about each one of us having lots of money in the bank each year. Having lots of Actual Money to use as we wish is simply a natural side-effect of the whole Sustainable Reserve Banking System.

The first two words in that term, “Sustainable Reserve” are infinitely more important to We The People of The Real World than the last two words in that term, “Banking System” – but of course those last two words are extremely important to The Money World.

This whole thing marries The Real World and The Money World together, in a genuine Win, Win, Win situation, where:

  • The Real World – wins.
  • We The People – win.
  • The Money World – wins.

Simple.

Sustainable Reserve Banking is founded on the very simple idea or meme that:

If we consciously take excellent care of the Earth, practically, the Earth will naturally take excellent care of us, financially.

Putting all of this another way, and slightly more bluntly, because the Actual Money that this whole process produces is merely a natural by-product of We The People of The Real World simply increasing our innate Humanity and taking care of all life and the natural ecosystems of Planet Earth:

This isn’t, “Money For Nothing”, this is, “Money For Love”. When we do a great job of protecting the Earth and all her Ecosystems through Sustainable Reserve Banking, well, the Earth just shits out Money. Lots of it. For all of us. For all of time.

 

Getting Used To Never Having To Worry About Money – Ever Again:

Now, accepting that exactly how this would all work would depend on whatever Real World Community Agreements are reached by the communities involved, let’s assume for the moment that when this is all launched, initially in Michigan, USA on (say) 1st January 2018, the Michiganders choose to share from day one, with everyone in the World, all of the financial wealth of Actual Money created via their new Sustainable Reserve Banking System being linked to Lake Michigan.

And let’s assume that on 1st January 2020, all of the people of North America agree to also share from day one, with everyone in the World, all of the financial wealth of Actual Money created via their Sustainable Reserve Banking System being linked to The Great Lakes.

Then, from 1st January 2018, everyone on the Planet who chooses to be part of this receives, for free, their own Personal Account and Business Account with The Better-World Bank of Michigan. So every one of us, and our children, have accounts with one Better-World Bank.

As from (say) 1st January 2020, everyone on the Planet who chooses to be part of this receives, for free, their own Personal Account and Business Account with The Better-World Bank of North America. So everyone now has accounts with two Better-World Banks.

Finally, as from (say) 1st January 2025, everyone on the Planet who chooses to be part of this receives, for free, their own Personal Account and Business Account with The Better-World Bank of Planet Earth. So everyone now has accounts with three Better-World Banks.

With each person on the planet, who wishes to be part of this, having money in each personal account and each business account in all three Better-World Banks.

Please also note that, of course, every Real World Community on the Planet is completely free to set up its own Actual Money creation process using Sustainable Reserve Banking, managed by its own Better-World Bank.

We The People of The British Isles might use Loch Ness, in Scotland, or The Irish Sea. We The People of Europe might use The Mediterranean Sea. We The People of Russia might use The Black Sea. We The People of China might use the Clean Air Standard and base our Actual Money and Sustainable Reserve Banking System on the Quantity and Quality of the air above Shanghai city limits.

And so on…

Obviously, because of the new Sustainable Reserve Banking Systems of the communities and countries of the world, every person and every business would always have a SUSTAINABLE ABUNDANCE of Actual Money.

More than sufficient to meet their personal and business needs – which is simply modeled on how things are in any Real World Ecosystem.

Naturally I’m aware that everything I’ve just explained provides answers, but it also raises a lot of questions – all of which can be answered, but doing so would fill a book, so I’ won’t try to answer all likely questions in here.

I will do my best to answer some of the more common questions, however. Such as:

Question: Won’t people try to take advantage and abuse the system?

Answer: Yes, of course some unethical people will try to do that, but that will happen regardless of the type of Monetary System we have in place. Since I’ve found that most ordinary people are basically good, basically ethical, my view on that particular question is simply this:

It is much better to have a small number of unethical people try to abuse a large, fundamentally ethical, sustainable and solid system, than it is to have a large, fundamentally unethical, unsustainable and shaky system in place that routinely abuses ordinary people and the planet.

 

Question: What if someone poisons the well? What if some terrorist group or lone wingnut pours some deadly chemical into Lake Michigan, or The Great Lakes or Lake Baikal? That would destroy the whole economy of The World!

Answer: If We The People (of any real world community) were unwise enough to put all of our eggs in one basket, or lake in this case, that would be a real risk. But we wouldn’t do that.

Just like on an aeroplane there are, for obvious safety reasons, several backup systems which are designed to kick-in if one important thing stops working, we simply back up, and back up, and back up our Online Agreed Sustainable Reserves (like Lake Michigan) with any number of Offline Agreed Sustainable Reserves.

So Lake Michigan (online) in the USA, with a volume of 1,180 cubic miles, could be easily backed up by, (say) Lake Tanganyika (offline) in Africa, with a volume of 4,500 cubic miles.

Clearly that would give all Michiganders (and the rest of us) a very good and clear reason to make sure that we look after not only Lake Michigan in the USA, as an ONLINE Agreed Sustainable Reserve, but that we also take great care of Lake Tanganyika in Africa, as the OFFLINE Agreed Sustainable Reserve for Lake Michigan in the USA (and perhaps also for Loch Ness in Scotland; Lake Vänern in Sweden and so on).

Then, heaven forbid, if some lone wingnut, terrorist or drunken airplane pilot carrying a cargo of highly toxic chemicals deliberately or accidentally devastates the ecosystem of Lake Michigan, two things would happen:

  1. We The People of The World would do everything we could to restore Lake Michigan back to a very high level of health and cleanness as soon as practicable – which might take years or even decades.
  2. We The People of The World would immediately switch on our Agreed Sustainable Reserve of Lake Tanganyika, thus making sure that not a single person on the planet loses a cent, but also producing extra reserves of Actual Money that can be used to help do the clean up and healing work in Lake Michigan.

Simple. We put in play as many backups as we need. Dozens or hundreds of them, if we wish.

Earth's Water Distribution

All Clean Fresh Water Reserves would ultimately be backed up at the very least by our vast reserves of literally Frozen Assets in the Antarctic and, ultimately, by the world’s new Central Bank – The World Ocean.

Each of these could also be backed up, if necessary, by any and all Clean Fresh Air Reserves and the planets various Ecological-Diversity Reserves (such as The Amazon Rainforest) and so on.

Any such Agreed Sustainable Reserve that existed primarily as a backup, would be OFFLINE, just being there and doing its daily thing, whilst also being looked after by us and held in reserve as a support for one or more specific ONLINE Agreed Sustainable Reserves that We The People of The Real World were using to finance our economies.

This is, frankly, only scratching the surface of the potential of how Actual Money Creation via Sustainable Reserve Banking can produce Truly Sustainable Financial Prosperity For Allforever.

The main thing to appreciate, for now, is that a Sustainable Reserve Banking System, with its inherent Actual Money Creation & Circulation process, creates a very strong Financial Incentive to take really good care of ALL of our Sustainable Reserves around the world – all natural environments – because they are all connected.

Thus the job of this new Authentic Bank, such as The Better-World Bank of Michigan, would basically consist of:

  • Monitoring & accurately reporting both The Quality & The Quantity of our Agreed Sustainable Reserve – perhaps on a quarterly or monthly basis, because those two things combined ultimately determine HOW MUCH MONEY WE EACH HAVE IN OUR PERSONAL & BUSINESS ACCOUNTS AT THE START OF EACH NEW FINANCIAL YEAR.
  • Operating like a Utility Company, to make sure that We The People of Michigan / North America / The World can each easily access our own Personal and Business Accounts so that we can each use the Actual Money that we need, 24 hours a day, 7 days a week.
  • Facilitating all financial transactions of Actual Money exchanges between people and businesses in Michigan and North America – and anywhere else in the World that is participating in this experiment:

Note: As this begins, until the whole of North America at least has converted over to the proposed Sustainable Reserve Banking System, you will probably NOT be able to go into a new car dealership and purchase a brand-new car, since the car-dealership will still be plugged into the Fractional Reserve Banking System currently in place.

However, you could easily purchase a second-hand version of the same car from a private seller.

The same would be true of houses and many other things – you may not at first be able to purchase certain things brand-new from the Large Corporation selling the new thing, but you could easily buy a second-hand version of the same thing from a Small Business or private vendor. (Thus encouraging re-cycling and promoting small business establishment, innovation and growth.)

That said, please also bear in mind that during the first few years of this experiment all of the people of Michigan / North America / The World who are participating in the experiment to establish Sustainable Reserve Banking are still free to work and earn their own National Money from the “normal” Fractional Reserve Banking based economy of Michigan / North America & The World, just as they did before this experiment commenced.

 

Human Beings Are Smarter Than Cows:

Cow Drinking from Lake Baikal Smaller Image

Cow drinking near village on the eastern coast of Olkhon Island, Lake Baikal, Russia

The picture above shows an ordinary cow, just taking a drink, from Lake Baikal in Russia – a single lake that contains more water than all of The Great Lakes of North America combined.

Bearing in mind the fact that in The Real World the most obvious equivalent of Money is water – you’ll notice that the cow is not piping off thousands of gallons of water, which it doesn’t need right at that moment. It hasn’t brought hundreds of buckets with it to carry gallons of water away.

Even if it had opposable thumbs and the technology at its disposal, well, it still wouldn’t do that – because cows are smarter than that.

And human beings are smarter than cows.

One of the most common objections I hear raised when I explain this stuff to people, is along the lines of:

“The problem with making everyone on the planet an instant millionaire or billionaire overnight, is that people would go nuts. Nobody would turn up for work the next day, and folk would draw out way more money than they needed and just use it stupidly. People are fundamentally greedy, lazy and stupid. So its a great idea, but human greed, stupidity and laziness will cause chaos if this system was put in place. Therefore, what you’re proposing can’t possibly work.”

Well, if that’s true, we’re screwed sooner or later whatever system we have in place.

But hugely condemning statements such as the above are merely assumptions. They aren’t facts. And the simple fact is, human beings are smarter than cows.

If, as a species, we can be at least as smart as the cow in the picture, which is just being a cow and taking what it needs at that moment from Lake Baikal, even though there is more water in Lake Baikal than it could ever possibly drink, well, we’ll do OK.

As you will see in the final article in this series, which shows the direct correlation between levels of human consciousness and economic paradigms, there is a direct connection between the economic systems we support and how smart we are, both individually and as a species.

  • (See slider at the end of this article to access all articles in the series.)

And the fact is that at the moment, the way in which The Money World has been set up to operate, and the main economic paradigms it actively supports and promotes, all basically require human beings to be stupid, lazy and greedy for those prevailing economic paradigms to work and keep The Money World as it is, spinning on its own axis.

You’ve probably heard a famous quotation from The Bible, which talks about some essential core qualities that We The People of The Real World do possess and routinely express:

For there are these three things that endure: Faith, Hope and Love, but the greatest of these is Love.

(From: The Aramaic Bible in Plain English)

The corresponding statement you might find in The Bible of The Money World, as it stands at the moment, explaining some extremely base qualities that We The People of The Mad Money World possess and routinely express, would be something like:

For there are these three things that endure: Laziness, Stupidity and Greed, but the greatest of these is Greed.

(From: The Mad Money World Bible in Plain English)

The deciding factor in all of this, will boil down to whether or not we human beings are better at Love than we are at Greed.

Me? I’m, banking on Love.


End of Article 7


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