Credit-to-Credit vs. Debt-to-Credit

Credit-to-Credit vs. Debt-to-Credit

Issuance

In 2014, Resource Mobilization Incorporated (RMI) initiated a standardized procedure to receive increments of its unitary assets. This serendipitously allowed RMI to regulate and organize the allocation of its assets for the benefit of the modern world. These assets will be managed by a Credit-to-Credit set of functions instead of the traditional Debt-to-Credit system. Credit-to-Credit enables individuals to acquire tangible assets based currency to buy, sell, and trade with one another, unlike Debt-to-Credit, which financially binds individuals, via their governments, to debt until a further transaction occurs.

Is There Nothing Better Than Fiat Currency?

The term “fiat” derives from the Latin root meaning “let it be done.” It was a phrase used by kings in the 18th century to exert order and control. However, the use of the word “fiat” predates this period and has significant historical and religious connotations.

Historical Use of “Fiat”

The word “fiat” appears in the Bible, where it is often associated with divine command. For instance, in the Latin Vulgate translation of the Bible, the phrase “fiat lux” translates to “let there be light” in the Book of Genesis (Genesis 1:3). This phrase signifies the power of God’s command to create light out of darkness. Another notable use of “fiat” is found in the Gospel of Luke, where Mary, visited by the angel Gabriel and told she would give birth to Jesus, responds with “fiat mihi secundum verbum tuum” (“let it be to me according to your word”) (Luke 1:38). These instances highlight the authoritative and creative power of the word “fiat,” a notion later adapted by monarchs and governments to assert their control over economic and social systems.

The Evolution of Fiat Currency

Consequently, paper later became currency, considered as bills of credit used to pay taxes in the 1700s. The government then produced an overabundance of dollars with fewer goods and services to back them.

Today, fiat currency allows anyone to proclaim the worth of any object, provide the item of value to another, and receive an exchange in transaction. But what gives us the right to dictate what has worth and what is worthless? As humans, we have insufficiencies and defects, and we have allowed ourselves to determine which goods or services have value. This method has contributed to widespread poverty throughout all nations. What if there were a currency that could heal the wounds of impoverishment, improve living conditions, and revolutionize economic disparities across the globe?

Welcome to Central Ura

Central Ura will be the first all-encompassing Credit-to-Credit based system the world has ever seen. Central Ura offers an alternative to the conventional Debt-to-Credit system, paving the way for a modernized economic infrastructure of global enrichment. Central Ura will be able to distribute each receivable asset to each purchaser, establishing a Credit-to-Credit structure that will become universally institutionalized.

Credit-to-Credit vs. Debt-to-Credit

The act of assigning monetary value to any entity, and then conducting financial transactions based solely on the word of man, has become volatile. For example, the economic foundation of America is built on the practice of purchasing more and more with insufficient asset backing. The federal government exceeds its revenue daily, printing bills, notes, and bonds to meet its demands, creating an ongoing cycle of Debt-to-Credit. The Federal Reserve’s primary objective is to stabilize the economy and manage fiscal policy for the nation’s betterment. Despite being the most developed, influential, and dominant financial institution in the world, the Federal Reserve’s methods often fall short.

Central Ura aims to help resolve these recurring monetary issues through a symbiotic relationship with the Federal Reserve. Countries will acquire Central Ura by using their existing fiat currency and foreign reserves, enabling them to stabilize their economies, reduce debt, and invest in public services and infrastructure. This innovative approach allows individuals to acquire tangible assets, granting financial rights to spend on public services and essential infrastructures. The cycle of indebted investments would cease, fostering substantial and continuous economic growth.

Conclusion

Central Ura represents a groundbreaking advancement in economic systems, offering a Credit-to-Credit model that could fundamentally reconstruct today’s economic discrepancies. By providing individuals with the means to acquire tangible assets and reducing reliance on debt, Central Ura has the potential to drive significant and sustainable growth, transforming the financial landscape and improving living conditions globally.