# National Stock Concept White Paper 0.1 ― From government bonds to state capital ―

**URL:** <https://governance.worldlibertyfinancial.com/t/national-stock-concept-white-paper-0-1-from-government-bonds-to-state-capital/54459>\
**Category:** General\
**Created:** [September 9, 2026, 8:19pm UTC](https://governance.worldlibertyfinancial.com/t/national-stock-concept-white-paper-0-1-from-government-bonds-to-state-capital/54459 "2026-09-09T20:19:49Z")\
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**Author:** ![rui\_enomoto](https://yyz2.discourse-cdn.com/flex034/user_avatar/governance.worldlibertyfinancial.com/rui_enomoto/32/9644_2.png) [@rui\_enomoto](https://governance.worldlibertyfinancial.com/u/rui_enomoto)\
**Post date:** [September 9, 2026, 8:19pm UTC](https://governance.worldlibertyfinancial.com/t/national-stock-concept-white-paper-0-1-from-government-bonds-to-state-capital/54459/1 "2026-09-09T20:19:49Z")

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National Stock Concept White Paper 0.1

― From government bonds to state capital ―

> **Summary**
>
> 1. 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.
> 
> 1. 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.
> 
> 1. 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.
> 
> 1. 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.
> 
> 1. 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.
> 
> 1. 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.
> 
> 1. 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.
> 
> 1. 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”.
> 
> 1. 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.
> 
> 1. 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.

---

<div class="post-metadata">

**Author:** ![jeebi](https://yyz2.discourse-cdn.com/flex034/user_avatar/governance.worldlibertyfinancial.com/jeebi/32/16589_2.png) [@jeebi](https://governance.worldlibertyfinancial.com/u/jeebi)\
**Post date:** [September 10, 2026, 3:18am UTC](https://governance.worldlibertyfinancial.com/t/national-stock-concept-white-paper-0-1-from-government-bonds-to-state-capital/54459/2 "2026-09-10T03:18:03Z")

</div>

waiting huge on 15 sept gys ?