MB Functional requirements for Monetary Sovereignty

September 20
1. Enable financing of major state capital programmes without overseas lending or private lending. [Req- Be bold with OMFG]

2. Restrict private debt creation to  sustainable levels.

September 22 6:31 AM:
3.  *To allow the de-emphasing of debt-driven growth in the economy.

4.  *To account for the (probable)ecological footprint of any new money, new debt or new investments.

5.  *To account retrospectively for ecological footprints of monetary policy, lending and debt and all investments

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6. * Where the state has some or all responsibility for its creation, enable the cancelling of bad, unfair or impossible debt. Eg student loans, MSD loans, etc where another instrument other than individuals declaring bankruptcy may be desirable.