Global Monetary Reboot

 

THE COMMONWEALTH GROUP

Global Monetary Reboot

A GLOBAL MONETARY REBOOT

Looking at money from the perspective of Dr Sydney N Bennett could allow for a global monetary modern reboot

US $350 Trillion in Debt exists on planet earth

US $400 Trillion in Wealth exists on planet earth

The 3-4+ / 3 structure with inflationary controls then a new anti-debt Government & anti-debt financial Tier control effort would allow monetary control with leaking control using the local - regional - domestic first then international effort with trade & currency markets

We could wipe out US $350 Trillion in debt & start a new structured & controlled model

THE TRANSITION 

Payments in earning 

New debt would be set in a controlled Tiered effort while old debts are cancelled out set with guarantees as a secondary backing & Emergency Bail-Out 

This voids the ancient - vintage - modern effort 

This effort can be achieved in a 1-5 year process or less 

GOALS IN PROCESS

The 1-2 Tier subsidy then Threat Tiers for controls create an economic foundation

Controls in Tiers over new debts 

Supply + Monetary Access is then considered for all citizens 

Threat Tiers enjoy capsules & Tiny homes 

INFLATION CONTROLS + STIMILUS

Printing US $350 Trillion with a Tiered controlled inflation effort could work if done using the 3-4+ / 3 Tier 

Monetary system & values reset 

GDP

Gross Domestic Product (GDP) is a comprehensive measure of the total monetary value of all final goods and services produced within a country's borders during a specific time period, usually a year or a quarter. It's a key indicator of a nation's economic activity and overall health. 

Here's a more detailed explanation:

What GDP measures:

Total value:

GDP captures the total market value of everything produced, including goods and services. 

Final goods and services:

It only includes the value of final products, not intermediate goods used in the production process to avoid double-counting. 

Within a country:

GDP measures economic activity within a specific geographic boundary, regardless of who owns the production. 

Specific time period:

GDP is typically calculated on a quarterly or annual basis. 

How GDP is used:

Economic health:

GDP growth is a primary gauge of a country's economic performance and is often used to assess the overall health of an economy. 

Economic comparisons:

GDP can be compared across countries and over time to understand relative economic sizes and growth rates. 

Policy decisions:

Governments use GDP data to inform economic policy decisions, such as setting interest rates or managing government spending. 

Investment decisions:

Investors and businesses use GDP data to make informed decisions about where to invest and how to allocate resources. 

Different ways to calculate GDP:

Expenditure approach:

This method adds up all spending on final goods and services, including: 

Private consumption: Spending by households on goods and services. 

Investment: Spending on capital goods, such as machinery and equipment. 

Government spending: Spending by the government on goods and services. 

Net exports: Exports minus imports. 

Income approach:

This method adds up all income earned from production, including wages, salaries, profits, and rent. 

Production approach:

This method adds up the value of all goods and services produced by each industry. 

Other important concepts related to GDP:

Nominal GDP: GDP calculated at current market prices, without adjusting for inflation. 

Real GDP: GDP adjusted for inflation, providing a more accurate measure of changes in output over time. 

GDP per capita: GDP divided by the population, indicating the average output or income per person. 

CIG