How to adopt Dhana?

The main cause of the economic crisis is the excessive cut in labor value. Reducing the value recognized to work, on one side concentrates wealth in few hands and on the other reduces consumptions, production, investments and employment.

This process has given birth to the phenomenon of making economy turn financial: the majority of the capitals is moving from real economy to finance, i.e. from production and trade to speculation.

The main means to take value off labor is legal tender currency, the same currency used to transfer capitals from real economy to finance.

Itís a process lasting centuries. Itís had its starting and is about to have its ending. The end of this process implies the end of legal tender currency.

Thatís why legal tender currency must be disconnected from real economy and replaced with a work currency. Itís an unavoidable, unbreakable and undelayable choice.

This is what Dhana has been issued for, to give workers their currency and use it to redistribute wealth and recognize work with the right value.

But how can the replacement take place?

Dhana mustnít be offered in order to replace legal tender currency; Dhana must be requested as payment. The fastest way would be that the workers ask for Dhana as for payment of their salaries.

In fact, as Dhana is only assigned to physical people, the enterprises have only one way to obtain Dhana: sell goods and perform service payable in Dhana.

Lets make an example.

100,000 people live in a certain area, 88.000 of them are at least 16 years old.

The labor force is 50,000 and the employed are 46,000: 40,000 in private enterprises and 60,000 in public institutions. The unemployed amount to 4,000 people.

The enterprises of the area realize a 6 billion Euros yearly turnover, therefore 500 billions per month, with 600 million euro yearly taxable income.

The cost of labor is 1.3 billion euros: 1 billion for salaries and 300 billion in contributions, benefits and funds.

Taxes amount to 700 billion euros: 250 billions from enterprises and 450 from private subjects.

Translated in Dhana, at the exchange rate of one Dhana per 25 euros, the values are:

- enterprise yearly turnover: 240 million Dhana, 20 million per month;

- yearly taxable income of the enterprises: 24 million Dhana;

- 40 million Dhana, 3.3 million per month work salaries;

- yearly expenses related to work salaries: 12 million Dhana;

- taxes: 28 million Dhana, of which 10 million from enterprises and 18 millions by private subjects.

How to adopt Dhana in that area?

100 Dhana are assigned to each one of the 88,000 people at least 16 years old, totaling 8.8 million Dhana.

Beginning from a certain month, the 40,000 workers of the private enterprises ask to receive their monthly salaries in Dhana.

Enterprises will have to sell goods and perform services in exchange of Dhana in order to obtain the Dhana necessary to pay the monthly salaries.

Being able to pay goods and services with Dhana, the Dhana assignees acquire goods and services for 3.3 million Dhana.

Therefore, the enterprises receive 3.3 million Dhana and pay the salaries.

The following month the process repeats.

The assignation of Dhana in equal parts causes a real redistribution of wealth.

The possibility to pay goods and services with Dhana causes an increase of consumptions of the less well off without reducing the normal consumptions of the rest of the population.

So, consumption will increase.

Enterprise sales increase if consumption is increasing.

Enterprises increase their sales, production increases.

By increasing production also employment increases.

With the full employment of 44,000 workers in private enterprises, the salaries the enterprises have to pay to the workers increase and consequently the sales of goods and services payable in Dhana increase.

As the process works between private enterprises and workers, the same thing will happen with public institutions.

That means that at a certain point public institutions will accept taxes and contributions in Dhana by workers and enterprises and will pay the salaries to their employees in Dhana.

This way, gradually but progressively, Dhana will substitute legal tender currency.

It will be the end of a nightmare.

The issue of Dhana will never exceed more than 100 Dhana per person aged at least 16, except a 5% to be addressed only towards humanitarian initiatives. The maximum issuing limit will allow maintaining and indeed increase in time the purchase power of Dhana. In fact, if you increase production and exchanges the amount of outstanding currency, the same currency increases its own value, i.e. its own purchase power.

Together we can.

October 28th, 2008.