https://www.wikiworld.com/index.php?action=history&feed=atom&title=BankOfAnewGoBankOfAnewGo - Revision history2026-05-06T14:17:29ZRevision history for this page on the wikiMediaWiki 1.45.1https://www.wikiworld.com/index.php?title=BankOfAnewGo&diff=1469&oldid=previmported>Import: Imported current content2026-01-28T11:54:25Z<p>Imported current content</p>
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The Bank of [[AnewGo]], operated by [[AnewGoInc]], will operate:<br />
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* [[BankofAnewGoAccount]]<br />
* Investment Club<br />
* International money market fund<br />
* index funds<br />
* selected stocks, bonds, futures<br />
* real estate (green acres, urban renewal, green living)<br />
* selected enterprises<br />
* Barter Club<br />
* [[NewEconomy]] chit exchange<br />
* Issue [[AnewGo]] Chits based on future value and good for collateral<br />
* [[AnewGoHours]]<br />
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We may have a discussion about this.<br />
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At first i suggest issuing currency based on an hours concept http://www.ithacahours.org/<br />
to recompense citizens for time donated in service of [[AnewGo]] (See [[AnewGoHours]])<br />
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--If there was a way.... to combine [[NewEconomy]] and other good ideas.... It would be grand.<br />
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The [[BankOfAnewGo]] has recieved its first [[AnewGoLaw]] - [[TheAnewGo]]<br />
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The [[BankOfAnewGo]] declares Assets of a total of @ngo 8000 as of 4/6/03<br />
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Frankly I don't yet see where the @mgo gets is ''value''. Particularly is it is worth nothing after a year. My bet is on currencies that represent future value. But I favor supporting all currencies in a free market. If the @ngo can represent value I am all for it along with any national currency or any currency anyone wants to issue in a free market.Any that are accepted by anyone as real value represent an increase in capital without a corresponding increase in debt.<br />
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The important thing is that managing all the different chits (currencies) is handeled pretty transparently to the citizen, otherwize it will be a nightmare. The free market gamblers will help distribute our risk.<br />
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It may be infeasable for @ngo to last only one year, but quite possible for [[AnewGoHours]]<br />
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Transparency may be achieved by making all accounts public.<br />
The value may achieved by using the currency as a medium for exchanges between citizens or for the benifit of [[AnewGo]]. An example, I could exchange $100 US for @ngo 100. My account is credited with @ngo 100. The [[BankOfAnewGo]] has $100 US. This could be used to purchase services needed ie. Web space etc. Remember with only a pop. currently at 5 we can't expect a lot of economic activity in [[AnewGo]]. see [[BankofAnewGoAccount]]<br />
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Now we get to a curly one. Interest. I would not like to see it, but to remain competitive we will have to be very clever how we engineer this.<br />
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The [[BankOfAnewGo]] declares Assets of a total of @ngo 11970 as of 2003-05-14<br />
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It seems that as of now, the [[BankOfAnewGo]] will operate with a policy of no interest.<br />
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