论文标题
取消银行中的本金：从银行业中的双重入门簿记中深入研究了四个激进的想法
Cancellation of principal in banking: Four radical ideas emerge from deep examination of double entry bookkeeping in banking
论文作者
论文摘要
提出了四个激进的想法。首先，可以在现代银行业务中修改取消本金的理由。其次，付款时的贷款本金不进行现实可能会解决非政府部门积极平等的旧问题。第三和第四，将这笔钱归功于地方/州政府，并归功于创造新公用事业价值的高风险贷款，创造了一个额外的良性货币巡回赛，将政府的财务直接与商业活动联系起来。 采取这些步骤可以解决我对现代货币理论发现的问题，即打破政治家心目中的税收巡回赛将使他们摆脱几个世纪的克制，优化他们实施暴政的机会。它维护并加强了当前电路，创建了一个新的，更直接的货币电路，在某些方面，它在打击不平等的方面。
Four radical ideas are presented. First, that the rationale for cancellation of principal can be modified in modern banking. Second, that non-cancellation of loan principal upon payment may cure an old problem of maintenance of positive equity in the non-governmental sector. Third and fourth, that crediting this money to local/state government, and crediting to at-risk loans that create new utility value, creates an additional virtuous monetary circuit that ties finances of government directly to commercial activity. Taking these steps can cure a problem I have identified with modern monetary theory, which is that breaking the monetary circuit of taxation in the minds of politicians will free them from centuries of restraint, optimizing their opportunities for implementing tyranny. It maintains and strengthens the current circuit, creating a new, more direct monetary circuit that in some respects combats inequality.
