When the people establish the Bank an amount of GRB dollars equal to the world's public debt in US dollars is put in escrow. The acceptance of the pay-off is at the discretion of the creditors. The lending of GRB dollars is the domain of creditors in free capital markets. To nullify inflation or deflation of GRB dollars, an automatic steady state mechanism systematically maintains the ratio of total capital per shareholder. An amendment proposed by a shareholder automatically becomes part of the Bank's charter when it receives the approval of a majority of shareholders.
Parents vote for children and manage their accounts until they reach adulthood.
The GRB is a new concept to help manifest the new age. Hazel Henderson, Author, Paradigms In Progress, USA The Global Resource Bank has been advertised in the Financial Times, The Economist and other leading publications. To establish the Bank your communication is needed.