Proposal:Financial restructuring through government equitization of maturing government bonds and universal basic income UBI (Universal Basic Income) financial resource creation plan
Summary
Convert a certain scale of U.S. government bonds (Treasury securities) (for example, a $4 trillion scale equivalent to about 10% of total debt) into 4 trillion U.S. government shares (1 share = 1 dollar). As a result, government bonds can be replaced with “debt with repayment and interest payment” with “permanent capital” that does not have a repayment obligation.
U.S. government shares are not shares under the Company Act. U.S. Finance Law (Title 31 U.S. It is a country-specific capital security based on the Code and budget-related laws and regulations, and it is a capital security for financing like government bonds. Even if the country issues it, the United States does not become a joint stock company. Issuing government bonds is the same as the United States not becoming a bond company. In terms of accounting, it is recorded as capital for general accounting and various trust funds, and it is designed to turn the deficit into a surplus without excess or deficit. Basically, it is distributed to the public, and allies can sell it in advance without voting rights.
Chapter 1 Current Situation Recognition
The total federal debt of the United States will exceed about $40 trillion as of 2026, and interest payments for debt holders will reach around $1 trillion a year. If interest rates continue to rise, the interest payment burden will expand further, putting pressure on discretionary expenditure and social security financial resources. Just continuing the traditional loan (rollover) cannot stop the increase in debt balances and interest payments.
Chapter 2 Basic Ideas
Instead of refinancing the manuring government bonds with new government bonds, they will be converted to U.S. government shares. As a result,
• Converting debt into capital,
• Eliminate the redemption obligation and the interest payment obligation,
• The generated financial surplus is used for direct redistribution to the public (UBI).
Build a cycle called.
Chapter 3 Designing $1 Government Stocks
U.S. government shares are not shares under the company law, but are the country’s own capital security under the financial law.
The basic design is as follows.
• 1 share = 1 dollar
• No dividends
• No voting rights
• No maturity
• No compulsory reimbursement
• It allows voluntary buyback by the government
• Issued every year according to the required amount of government bonds that will expire
• Accounted as capital for general accounting and social security trust funds, etc.
The important thing is not to set maturity or interest payment for government shares. As a result, part of it can be separated from the structure that increases the government’s interest payment burden due to rising interest rates.
Chapter 4 Financial Effect
By replacing the re-borrowing of government bonds with the conversion of government shares, the balance of government bonds and the burden of future interest payments can be gradually reduced.
For example, if you continue to capitalize some of the trillions of dollars of annual maturity government bonds, it is possible that the balance of government bonds can be compressed from trillions of dollars to a dozen trillions of dollars in 10 years.
In addition, the effect of suppressing the interest payment burden that will increase in the future due to rising interest rates can also be expected. If we can cut off some of the current annual interest payments of about 1 trillion dollars, we will have a lot of financial space.
Chapter 5 Creation of Universal Basic Income Financial Resources
If we can reduce future interest payments by converting to government shares, we will divert that financial margin to the financial resources of Universal Basic Income.
If you can reduce interest payments of $1 trillion a year,
1 trillion dollars ÷ about 340 million people = Approximately $2,940/year = Approximately $245/month
It will be.
If you can avoid the annual interest payment burden of $2 trillion in the future,
2 trillion dollars ÷ about 340 million people = about $5,880/year = about $490/month
It will be.
This is not the idea of implementing BI by raising new taxes or issuing new government bonds, but redistributing the financial funds that were previously spent as government bond interest payments to the public.
Chapter 6 Conclusion
Government bonds are “liabilities” with maturity and interest payments. On the other hand, U.S. government shares are designed as “permanent capital” with no maturity or interest payment.
Therefore,
Matury government bonds → Converted to U.S. government shares → Reduce the burden of government bond balance and interest payment → The financial sure power born to UBI
Build a cycle called.
The United States can move from a “country that continues to repay debt with taxes” to a “country that converts debts that have reached maturity into capital and reduces the interest payment burden”.
This is the basic concept of fiscal restructuring through government equityization of maturing government bonds and the creation of universal basic income financial resources.