National Stock Concept White Paper 0.1
― From government bonds to state capital ―
Summary
- A summary
This plan is a plan for the U.S. government to issue new national shares “national shares” and shift government financing from debt-centered to capital-centered.
In the current United States, the fiscal deficit is raised through government bonds, and government bonds play an important role not only in government funding, but also as a safe asset in the financial system.
In response to this national fiscal system of “borrowing and returning”, government stocks
“Instead of borrowing, capitalizing the country itself.”
Present another option.
- Basic design of national stocks
Issuer: U.S. Government
Name: National Stock
Total number of issues: 1,000 trillion shares
Issue price: 1 share = 1 dollar fixed
Total amount issued: $1,000 trillion
Right to vote: None
MATIDE: None
Redemption: No principle
Nature: State capital
Purpose: Fiscal capitalization and financial stability
State-owned stocks are not ordinary shares of joint stocks.
It is not a company of the U.S. government itself, but an institutionalization as an independent capital financial product issued by the state.
- The idea of “stocks that do not decrease in 1 dollar”
The biggest feature of national stocks is
“1 share = 1 dollar as the standard value”
It is.
In general, stock prices rise and fall due to fluctuations in corporate value.
On the other hand, national stocks are
“Stocks to buy in anticipation of price increase”
Instead,
“National capital as a refuge in the event of a stock price crash”
Design as.
Stock price crash
↓
Transfer of funds to national stocks
Form a new financial infrastructure called.
- Differences from government bonds
The funds
Government
↓
Issuing government bonds
↓
Borrow funds
↓
Pay interest
↓
Maturity
↓
Redemption and refinancing
National stock
Government
↓
Issuing national shares
↓
Raise capital
↓
No maturity
↓
No repayment obligation
↓
Maintained as a permanent capital of the state
In other words,
Government bonds are “national debts based on the premise of repayment”.
State stocks are “state capital that does not assume return”.
It will be a difference.
- Evacuation in the event of a stock price crash
The purpose of domestic stocks is not only to simply raise funds.
In the event of a large-scale price drop in the stock market, etc., prepare stable assets that investors can move their funds.
National stocks are,
“Safe assets = national liabilities”
For the current structure,
“Safety assets = national capital”
Present a new option.
- National capital of 1,000 trillion shares
Issue 1,000 trillion shares of national stocks.
If 1 share = 1 dollar,
1,000 trillion shares x 1 dollar
= 1,000 trillion dollars
It will be.
This figure is not a number to simply replace the current U.S. government debt.
It is a huge issuance frame to be set as future national capital.
The important thing is not the issue amount itself,
“Let the country have a huge capital account other than debt”
It is in the institutional idea that.
- State stocks and central banks
Regarding the holding and distribution of national shares, we will consider connecting with the U.S. central bank system.
For example, build a mechanism for the central bank to hold and manage national stocks issued by the government.
Government
↓
National stock issuance
↓
Central banks and financial institutions
↓
Market
↓
Investors and citizens
It is a distribution structure called.
This will develop national stocks as a national financial infrastructure, not just a new financial product.
- Structural change of national finances
Present:
Fiscal deficit
↓
Issuance of government bonds
↓
Debt increase
↓
Interest payment
↓
Redemption and refinancing
National stock:
National expenditure
↓
National stock issuance
↓
National capital formation
↓
No need for redemption
↓
Capital expansion of national BS
The national stock concept aims to change from a structure that relies solely on “increase in debt” for national financing to a structure that incorporates “capital formation”.
- Basic philosophy
The question of the national stock concept is simple.
“Does the country have to continue to borrow forever?”
Government bonds are a highly developed financial system.
However, it is a system for “the state to borrow”.
In the next financial system,
“The country has capital”
Make an option called.
- Conclusion
From government bonds to national stocks.
From debt to capital.
From refinancing to permanent capital.
From government bonds as safe assets to national stocks as safe assets.
From a country in which the country borrows money and collects funds, to a state that capitalizes the state itself and shares that capital with the financial system and the people.
This is the basic idea of the U.S. version of the national stock concept.
Convert government bonds into capital.
Capital to financial resources.
Financial resources to the people. U.S. version of the national stock concept white paper 0.1
― From government bonds to state capital ―
A summary
This plan is a plan for the U.S. government to issue new national shares “national shares” and shift government financing from debt-centered to capital-centered.
In the current United States, the fiscal deficit is raised through government bonds, and government bonds play an important role not only in government funding, but also as a safe asset in the financial system.
In response to this national fiscal system of “borrowing and returning”, government stocks
“Instead of borrowing, capitalizing the country itself.”
Present another option.
Basic design of national stocks
Issuer: U.S. Government
Name: National Stock
Total number of issues: 1,000 trillion shares
Issue price: 1 share = 1 dollar fixed
Total amount issued: $1,000 trillion
Right to vote: None
MATIDE: None
Redemption: No principle
Nature: State capital
Purpose: Fiscal capitalization and financial stability
State-owned stocks are not ordinary shares of joint stocks.
It is not a company of the U.S. government itself, but an institutionalization as an independent capital financial product issued by the state.
The idea of “stocks that do not decrease in 1 dollar”
The biggest feature of national stocks is
“1 share = 1 dollar as the standard value”
It is.
In general, stock prices rise and fall due to fluctuations in corporate value.
On the other hand, national stocks are
“Stocks to buy in anticipation of price increase”
Instead,
“National capital as a refuge in the event of a stock price crash”
Design as.
Stock price crash
↓
Transfer of funds to national stocks
Form a new financial infrastructure called.
Differences from government bonds
The funds
Government
↓
Issuing government bonds
↓
Borrow funds
↓
Pay interest
↓
Maturity
↓
Redemption and refinancing
National stock
Government
↓
Issuing national shares
↓
Raise capital
↓
No maturity
↓
No repayment obligation
↓
Maintained as a permanent capital of the state
In other words,
Government bonds are “national debts based on the premise of repayment”.
State stocks are “state capital that does not assume return”.
It will be a difference.
Evacuation in the event of a stock price crash
The purpose of domestic stocks is not only to simply raise funds.
In the event of a large-scale price drop in the stock market, etc., prepare stable assets that investors can move their funds.
National stocks are,
“Safe assets = national liabilities”
For the current structure,
“Safety assets = national capital”
Present a new option.
National capital of 1,000 trillion shares
Issue 1,000 trillion shares of national stocks.
If 1 share = 1 dollar,
1,000 trillion shares x 1 dollar
= 1,000 trillion dollars
It will be.
This figure is not a number to simply replace the current U.S. government debt.
It is a huge issuance frame to be set as future national capital.
The important thing is not the issue amount itself,
“Let the country have a huge capital account other than debt”
It is in the institutional idea that.
State stocks and central banks
Regarding the holding and distribution of national shares, we will consider connecting with the U.S. central bank system.
For example, build a mechanism for the central bank to hold and manage national stocks issued by the government.
Government
↓
National stock issuance
↓
Central banks and financial institutions
↓
Market
↓
Investors and citizens
It is a distribution structure called.
This will develop national stocks as a national financial infrastructure, not just a new financial product.
Structural change of national finances
Present:
Fiscal deficit
↓
Issuance of government bonds
↓
Debt increase
↓
Interest payment
↓
Redemption and refinancing
National stock:
National expenditure
↓
National stock issuance
↓
National capital formation
↓
No need for redemption
↓
Capital expansion of national BS
The national stock concept aims to change from a structure that relies solely on “increase in debt” for national financing to a structure that incorporates “capital formation”.
Basic philosophy
The question of the national stock concept is simple.
“Does the country have to continue to borrow forever?”
Government bonds are a highly developed financial system.
However, it is a system for “the state to borrow”.
In the next financial system,
“The country has capital”
Make an option called.
Conclusion
From government bonds to national stocks.
From debt to capital.
From refinancing to permanent capital.
From government bonds as safe assets to national stocks as safe assets.
From a country in which the country borrows money and collects funds, to a state that capitalizes the state itself and shares that capital with the financial system and the people.
This is the basic idea of the U.S. version of the national stock concept.
Convert government bonds into capital.
Capital to financial resources.
Financial resources to the people.