Saturday, October 08, 2011

Jobs (not really a tribute...)

Cure for the World Crisis Case: report .1

Main (only) motto: Every wheel moves forward.

Diagnosis (short): multiple currencies, multiple non-regulated assets, non-organized human value world wide.

Solution: unique global currency (lets just call it Jobs). Starting value of the new global currency: 1 Job = 1 Million Euro. Salary wages are updated according to the new currency: 1 Euro -> 1 Job (for instance a salary of 1000 Euro now, would be updated to 1000 Job after). Current global debt is nullified - default is a consequence that banks will have to pay from their insignificant role in world's economy.

Expected Results: Job is issued and regulated by the World Bank, and all the other currencies are gradually replaced. Astronomic nominal inflation may exist while some countries refuse to enter the 'World Pact', but in people's lifes the World Bank's policies will be of gradual and slow real deflation.

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