Home > Global Resource Bank

• Vladimir Lenin - that the economic essence of imperialism is monopoly capitalism.
• François Quesnay - a Physiocrat - that the products of Earth are the basis of our economy.
• Charles Darwin - The Origin of Species - that Humans are also a product of Earth.
• Joseph Campbell - Seeded Earth - that Humans will either value her products or live in hellHell is, according to many religious beliefs about the afterlife, a place of torment, of great weeping and gnashing of teeth. The English word 'hell' comes from the Norse Hel', which originally referred to the goddess of the Norse underworld. In most reli.
• Robert MundellRobert Alexander Mundell (born October 24, 1932) is a Canadian economist who graduated from the University of British Columbia in Vancouver. He attended MIT and London School of Economics and was top performer in his years there. He went on to win the 199 - that Earth needs a single currencyFor exchange rates, see here. A currency is a unit of exchange, facilitating the transfer of goods and services. It is a form of money, where money is defined as a medium of exchange rather than e. a store of value. A currency zone is a country or region.

Apparently, the Bank's scheme removes consumptionConsumption is the using up of a resource. Discussions of human consumption of resources plays an important role in both economics and environmentalism. In Keynesian economics, "consumption" is short-hand for personal consumption expenditure and is determ and demand management from monetary policyMonetary policy is the financial policy of managing the money supply to achieve specific goals—such as reducing inflation or achieving full employment or more well-being. Almost always, special institutions (like the European Central Bank or the Federal R and works strictly from the production or supply-side but using nature's servicesNature's services is an umbrella term for the ways in which nature benefits humans, particularly those benefits that can be measured in economic terms. Robert Costanza and other theorists of natural capital conducted extensive economic analysis of nature', not the human economy, as the base. It is a form of creditary economicsCreditary economics is a broad and inclusive term for all theories of economics and political economy that drastically de-emphasize or deny altogether a role for debt and assumptions of fixed yield for such financial capital instruments. These theories us as it is central banking without debt or use of interest rates to control the money supply. Instead it simply accepts the variation in ecological yields as a constraint, and reflects the relative global wealth or poverty (say expressed as a shifting value of Earth).

It was one of three schemes for such comprehensive reform of global currency and money markets actively promoted by the United Nations, the other two being UNILETS and variants of the Ithaca Hours system.

Of these, the GRB was the only one to propose imposing a single global currency management regime, and would effectively replace the Bretton Woods Conference institutions (the IMF, BIS and World Bank). It would also deal directly with global debt by issuing ecological credits.

See also: Natural Capitalism