How to Set Up an Economic Development Bank By Anthony Blackstone Perpetual (C)Copyright and (P)Patent by Anthony J.

Fejfar and Neothomism, P.C. (PA) and The American People and The People of God, as a Public Domain Copyright and Patent. Modern Economics teaches us that in order to have a robust economy there must be enough money in circulation. If there is too little money in circulation this causes stagflation, that is, a recession or depression with low wages, low employment, and high prices. This situation causes civil unrest, and possibly a civil war. Additionally, systems theory teaches us that an system is subject to entropy, that is, unless new energy is put into the system, the system will gradually wind down and crash. In the economic realm, therefore, new money must be put into the economy, from outside the economy in order to neutralize the economic effects on entropy, namely, a gradually slowing down of the economy until a recession or depression takes place, and the economy crashes. This new money, from outside the economy cannot come from tax dollars, since tax dollars are already in the economic system. Instead, the money must come from the outside from an Economic Development Bank, ex nihilo, that is, from out of nothingness, so to speak. Moreover, the money should be directed towards economic development programs such as: zero interest student loans, student grants, zero interest small business loans, zero interest research and development loans, economic infrastructure grants for the redevelopment of old neighborhoods and the construction of roads, highways, public libraries, schools, universities, public recreation centers, hobby stipends, volunteer stipends, disability payments, etc. Additionally, the foregoing reduces any need for welfare or unemployment payments, and can even eliminate those programs. This is how it works.

You set up a bank, say on an offshore island close to the United States, preferably on an American Territory. The Bank should be a Credit-Debit Card Bank and should use both United States Dollars and Eurodollars. The Bank should be owned by a Moderation Corporation which follows the Model Reasonable Business Practices Act. The stock of the Moderation Corporation is closely held, and is owned by a Charitable Voting Trust. Accounts of the Moderation Corporation should be used to distribute the money generated. The Major Accounts used for this Economic Development Bank are:

Debit Account Goodwill Intangible Asset Debit Account Goodwill generated from Volunteer Work done by All Americans at home, in commnity, regionally, and nationally

Credit Account Goodwill Intangible Capital Account Capital Credit Account Goodwill generated from Volunteer Work done by All Americans at home, in community, regionally , and Nationally

Adjusting Entry Account Credit Account (Single Entry and Double Entry Account)

Credit Checking Account for the Moderation Corporation

Sample Monthly Transaction

Make accounting entries as follows:

Goodwill Debit Account $5,000,000,000

Goodwill Credit Account $5,000,000,000

Adjusting Entry Credit Account $8,000,000,000

Transactions: Time ! Time 2 Time 3 Debit Goodwill Credit Account $3,000,000

Credit Moderation Corp, Checking Account $3,000,000 Debit Adjusting Entry Credit Account $3,000,000

Time 4 Credit Goodwill Credit Account

$3,000,000

Time 5 Credit Adjusting Entry Credit Account $3,000,000

The foregoing does not involve theft, it does not involve embezzlement, it does not involve fraud, and this the type of thing that the Federal Reserve Bank, which by the way is a Private Bank, is supposed to do.