Page 58 - The 40 Ch. Book by James Hong or 洪祥智
P. 58

Chapter 17 Saving the World


                   17.1 Money Cycle
                   Let the money flow through the loop.

                   A=> B => C => A


                   17.2 Ways to eradicate poverty.
                   1. Establish a free agricultural society that does not charge

                   money
                   2. Establish a bank with accounts that generate money in digital
                   form

                   3. Print money
                   4. Wealth redistribution

                   5. Cancellation of debt
                   6. Soup Kitchen Volunteering

                   7. Paying debts with bartering
                   8. Eliminate money

                   New rules for money creation accounts::
                   1. People who are not working/retirement have basic income
                   2. There is a salary increase for work


                   17.3 USA Issues and Solutions

                   US bankruptcy, problems and solutions: (number corresponding
                   to numbers)
                   1. Student loan

                   1.1 University budget control 1.2 online teaching


                   2. Youth unemployment
                   2.1 No work experience requirements 2.2 No school major

                   requirements


                   3. Retirement of baby boomers
                   3.1 Introduction to retired part-time 3.2 knowledge transfer and
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