Podcast
Questions and Answers
What is one of the main barriers to extending access to capital ownership among the poor and middle class?
What is one of the main barriers to extending access to capital ownership among the poor and middle class?
- Lack of interest-free capital credit
- Lack of well-regulated central banking system
- Lack of collateral for loans (correct)
- Lack of tax-deductible dividends
What is the name of the act that would enshrine access to credit for acquiring productive capital as a fundamental right of citizenship?
What is the name of the act that would enshrine access to credit for acquiring productive capital as a fundamental right of citizenship?
- The Collateral Barrier Act
- The Economic Democracy Act
- The Capital Homestead Act (correct)
- The Capital Credit Insurance Act
How would citizens pay off their purchases of newly issued shares?
How would citizens pay off their purchases of newly issued shares?
- With their own income
- With tax-deductible dividends (correct)
- With loans from lenders
- With interest-free capital credit
Which type of insurance would protect worker-shareholders against the loss of their retirement assets if a company failed?
Which type of insurance would protect worker-shareholders against the loss of their retirement assets if a company failed?
What would be the premium costs for commercial portfolio insurance covering shares in high-risk, start-up companies?
What would be the premium costs for commercial portfolio insurance covering shares in high-risk, start-up companies?
What would happen to the loan paper once it is insured and brought to the discount window of the regional Federal Reserve bank?
What would happen to the loan paper once it is insured and brought to the discount window of the regional Federal Reserve bank?
Under the Economic Democracy Act, what could be established as an alternative to traditional collateral requirements?
Under the Economic Democracy Act, what could be established as an alternative to traditional collateral requirements?
What is one option to encourage responsible lending practices by member banks under the Economic Democracy Act?
What is one option to encourage responsible lending practices by member banks under the Economic Democracy Act?
What would the Capital Credit Reinsurance Corporation (CCRC) primarily offer insurance for?
What would the Capital Credit Reinsurance Corporation (CCRC) primarily offer insurance for?
What could be set up by the CCRC to group participating corporations based on their risk levels?
What could be set up by the CCRC to group participating corporations based on their risk levels?
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