HAPPIMONEY

Today's monetary system is the cause of much unhappiness. It is managed by Big Banks and Big Politicians who become unfairly rich in the process.

It is time for a change.   It is time for "happimoney".

Happimoney is an entitlement-of-entitlements.

It is the sum of all existing entitlements plus the cost of providing them

- the salaries of the government servants involved who will be retired from their posts.

Upon launch .

In the first year, a whole year's happimoney will be distributed. This will be a large sum of money.  The government servants who lost their jobs will get their equal share of happimoney - the same as everybody else.

In subsequent years, the annual total of happimoney to be distributed will be decided by The Monetary Authority by reference to the previous year's happimoney-GDP. For example, if the previous year's happimoney GDP increase by 3%, then it is reasonable to assume that the 3% increase in the money supply will not be inflationary.

Happimoney is a new form of money that means everyone gets an equal share of happimoney every month - debt free, interest free, tax free and means-test free.

Happimoney is the key element in a new monetary system called the Happimoney Monetary System (HMS). Selected citizens called the Monetary Authority control the happimoney system, not the bankers or government. The monetary authority will be given a budget to cover their expenses.

The increase in new happimoney is decided once per year and is related to the past year's Happimoney Gross Domestic Product (GDP).

Everybody knows in advance the spending power of the citizen shareholders who receive happimoney. So entrepreneurs compete to create products and services to absorb each year's increase in the happimoney supply.

Happimoney can be exchanged with regular money.

The exchange rate between happimoney and a country's legal tender money may fluctuate according to the market.

Banks may take deposits in happimoney. Such deposits are treated in the same way as any foreign currency.

Each country or region, as the case may be, should establish a happimoney monetary system in addition to the regular currency that it uses.

Any country or region that adopts the happimoney system creates additional happimoney every year and distributes it equally to all citizen-shareholders called '"hereditors.

Happimoney is legal tender and may be used to pay taxes or to purchase property,goods or services.

Soon, Happimoney will lead us all to financial freedom.

All we have to do is to convince our lawmakers (politicians) to legislate happimoney into law by signing this petition (to be published later). Together as one, we can make this world a happier place to live.