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A monetary approach towards a basic income in Greece

A monetary approach towards a basic income in Greece

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Published by Stanislas Jourdan
Assuming Greece defaults on its debt and exits the eurozone, this paper suggests an heterodox way of managing the Greek economy towards economic recovery. The paper claims that the central bank of Greece should gradually convert the loans it owns from the Greek banks into deposits of Greek citizens. This process would be led for three years, and result in distributing a guaranteed basic income to every Greek citizen currently residing in Greece. Our proposal is aimed at stimulating a long-term confidence in the economic outlook, fighting poverty and ensuring a pathway to the end of the crisis through social justice with a basic income.

Paper by Stanislas Jourdan for the BIEN Congress that takes place in Munich on the 14-16th of September, 2012.
Assuming Greece defaults on its debt and exits the eurozone, this paper suggests an heterodox way of managing the Greek economy towards economic recovery. The paper claims that the central bank of Greece should gradually convert the loans it owns from the Greek banks into deposits of Greek citizens. This process would be led for three years, and result in distributing a guaranteed basic income to every Greek citizen currently residing in Greece. Our proposal is aimed at stimulating a long-term confidence in the economic outlook, fighting poverty and ensuring a pathway to the end of the crisis through social justice with a basic income.

Paper by Stanislas Jourdan for the BIEN Congress that takes place in Munich on the 14-16th of September, 2012.

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Published by: Stanislas Jourdan on Sep 04, 2012
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05/23/2013

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 A monetary approach towardsan unconditional basic income inGreece
 
by Stanislas Jourdan
~September 2012 
Stanislas Jourdan - BIEN Congress, Munich 2012 - page 1
 
 
Abstract:
 Assuming Greece defaults on its debt and exits the eurozone, this paper suggests an heterodox way of managing the Greek economy towardseconomic recovery. The paper claims that the central bank of Greeceshould gradually convert the loans it owns from the Greek banks intodeposits of Greek citizens. This process would be led for three years,and result in distributing a guaranteed basic income to every Greekcitizen currently residing in Greece. Our proposal is aimed at stimulatinga long-term confidence in the economic outlook, fighting poverty andensuring a pathway to the end of the crisis through social justice and abasic income. 
With encouragements and help from:
 Glenn Rolland, Vasia Xiromeriti, Olivier Auber, Stéphane Laborde, Gérard Foucher, CaroleFabre, Marc de Basquiat, Renie Spijkerman, Agata Mlodawska, Otto Luedemann.Many thanks to them. 
Contact details
 Stanislas Jourdan - Journalist, writer and activistcontact@stanislasjourdan.fr 
 
This document is under creative commons licenceThis means you may republish it & modify it as long as you credit the original author 
 
Stanislas Jourdan - BIEN Congress, Munich 2012 - page 2
 
 « The truth is not on the side of the majority, because wedo not want it to be so. The day the majority will be able,thanks to its culture and knowledge, to choose its owntruth, there is little chance that it is mistaken. »
Boris Vian
 
Stanislas Jourdan - BIEN Congress, Munich 2012 - page 3

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