Politico-Economic Theory of Decentralized Democracy
This paper describes foundational principles and practical approaches to
creating a decentralized version of such systems as fiat currency,
banking, taxation, budget allocation and self-governance at the state
and local level. Main characteristics of decentralized governance are
that the people vote on the money supply and its sources, tax and
interest rates; the majority voters may be financially liable to the
minority voters if public spending defaults; non-monopolistic central
banking system; stock market can be extended to small and medium
business.
https://medium.com/@decentralizeddemocracy/politico-economic-theory-of-decentralized-democracy-27dcdf60d8fb
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2023-05-26 09:21:30 GMT
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2023-05-26 09:21:30 GMTEvent JSON
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"content": "Politico-Economic Theory of Decentralized Democracy\n\nThis paper describes foundational principles and practical approaches to\ncreating a decentralized version of such systems as fiat currency,\nbanking, taxation, budget allocation and self-governance at the state\nand local level. Main characteristics of decentralized governance are\nthat the people vote on the money supply and its sources, tax and\ninterest rates; the majority voters may be financially liable to the\nminority voters if public spending defaults; non-monopolistic central\nbanking system; stock market can be extended to small and medium\nbusiness.\n\nhttps://medium.com/@decentralizeddemocracy/politico-economic-theory-of-decentralized-democracy-27dcdf60d8fb",
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