[ChatAction] [ChatPeople] FDR Knew How to Solve Today's Unemployment Crisis

[Shannon McArthur]

Nirmalan, the article offers the answer to your question: "China built
12,000 miles of high-speed rail in a decade: credit created on the
books of government-owned
banks
<https://www.brookings.edu/wp-content/uploads/2016/06/chinese-financial-system-elliott-yan.pdf>
was
advanced to pay for workers and materials, and the loans were repaid with
profits
<https://www.wsj.com/articles/SB10001424052748704025304575283953879199386> from
passenger fees. "

This is interesting - I wonder if/how this form of banking
could accommodate the financing of establishment of Our Heart Gardens.
Holding the intention of participation in Oh-Gs being free, who would pay?
Personally, I like the idea of tapping the government agencies who provide
services to the participants, and businesses that use the facility to serve
their mandate. I invite all imaginations to play in that field with me...
Perhaps artists who sell the work they create with/in an Oh-G would pay (a
tax or a fee?)... cooks who sell prepared meals (as opposed to those who
serve participants freely) would pay - based on their income from sales -
perhaps...

This is an interesting avenue of inquiry. There are *many* avenues down
which I have never ventured and I value your input... This is the fun part!!

Love
Shannon

On Sat, Dec 26, 2020 at 6:18 AM Nirmalan Dhas via ChatAction <
chataction at communitymagic.org> wrote:

> …"the country still needs trillions of dollars in infrastructure. Putting
> the unemployed to work on those infrastructure projects seems an obvious
> solution”
>
>
>
> Who pays back and how…
>
>
> Anyone worked it too a spread sheet….?
>
> > On Dec 22, 2020, at 02:02, stan at othernetworks.org wrote:
> >
> > Oops...
> >
> > Here's the link:
> >
> https://scheerpost.com/2020/12/17/fdr-knew-exactly-how-to-solve-todays-unemployment-crisis/
> >
> >
> >
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