Transactions on which speculators make their profit, using the smallest price variation. And with over 3,000,000,000,000,000 euro worth of financial transactions in the whole world, even the smallest tax rate can raise enormous revenue.
If we implement a global financial transaction tax today, it could generate more than 500 billion euro in revenue in 2011, of which 200 billion euro for Europe alone.
A financial transaction tax is what the European Left is fighting for.
On Monday 15 March, the Global Progressive Forum and the Foundation for European Progressive Studies will organise a seminar at Solvay Library, in Brussels. To participate, please send an e-mail to Pamela Stuart.
Read the invitation letter and consult the programme of the seminar
Regulation can only temper an inherently terminal process.
By chelonia1663There is no mystery to projecting the pattern of failure
engendered by any purported economy subject to interest. As interest multiplies
debt in proportion to a circulation, ever more of every existing dollar is
dedicated to servicing multiplying debt, and ever less of every existing dollar
can be dedicated to sustaining the commerce which is obligated to service the
multiplying debt. Everything around you can be understood from the obvious
consequences. Regulation can only temper an inherently terminal process.
There is only one viable solution:
As this is the very set of principles — and the only set of principles
which ensure the immutable value of money across its lifespan — a perpetual
1:1:1 relationship between remaining value, remaining *obligation*, and
currency in circulation —.
Every major religion warns about the danger of usury, but the secular case against it is even more
powerful. It is the most powerful centralizing centripetal force ever invented,
and it steadily increases velocity to the point where life becomes nothing but
a sprint in a hamster wheel to keep the debt system running.
There is really only one solution but it goes against the most powerful
interests in the world, it even goes against my interests to a certain extend
but i am willing to make my contribution for humankind in general. Are You?
Mathematically Perfected Economy (MPE) http://endtheecb.ning.com/video/mathematically-perfected