7. Loan Fund: Costs $1 billion The rich have a monopoly on excess liquidly, granting them too much power over the people they loan their money out to. Investors only invest when they can receive at least 100 times their investment. Inventors have to sell their soul to get funding, or even worse, sell their idea altogether. The inventors themselves understand their invention much better than investors and should create their own businesses to produce their idea themselves. This Loan Fund should be implemented over eight years to create a $10 billion fund in time due adding its own surplus. Granting loans to small businesses up to $5 million per business/year at a rate of just 10%, as long as they are stationed in Georgia. Even if this fund takes 10% in losses, would still be just fine! The point here is not to make a profit, but to help the people start up their businesses, expand, or whatever they need to progress. Those deemed most worthwhile will receive the loans, excluding anyone who has ever gone bankrupt. This will allow the little guy to break through poverty and create an income of their own while implementing their own ideas. This will create a huge diversity of operations, as they will be created bottom up individuality, instead of top down franchises.
Posted on: Tue, 01 Oct 2013 15:21:25 +0000
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