Saturday, August 4, 2012

Ghost Debt (The Concept)

                                 (open in a new link to see it better)

Ghost debt is when you buy your own debt. You buy it with interest from your own government which compensates you when buying it back with some interest. That interest may not be in money. Ghost debt can be repaid in many ways. Like an increase on your paychecks when you retire. But mainly the idea is that your government compensates you for your effort. It can be considered a patriotic act in times of crisis and can temporarily induce Economical Happiness.
Transcribed from "Floating Debt"


See the scheme image above for a graphical representation. (Ghost Debt was written with the propose of helping with the crisis.)

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