Hello, residents and MPs of Asgardia The Space Nation.

I am Takuya Kaneko, MP, D13, Japan.

I became a member of the Financial Committee this time.

Thank you very much for all.

If I can participate in the opportunity to make a new country like Asgardia,

I would like to support it from the currency aspect.

I think that Asgardia national currency can not be issued unless Asgardia National Assembly enforces the Asgardia National Currency Act.

In my opinion, nothing is as important as a national currency for a country.

Because, if the currency is alive, the country is alive, and if the currency dies, the country will also die.

So, for any country, the security of country's currency is very important.

I am convinced that the Asgardia National Currency Act has the toughness to become the last fortress against the national security threat to our country.

I would like to consider the interests of Asgardia and our children as top priority.

With Best Regards,

Takuya Kaneko, MP, D13, Japan.

I drafted the National Currency Bill.

The basic principle of this measure is based on the Sovereign Money System.

I would like you to read following linked document.

Please click here ! --> a Draft of National Currency Bill

Thank you.

Takuya Kaneko, MP, D13, Japan

Suggestion about

National Currency Law

May 18th, 2018

Takuya Kaneko

MP-Elect, JAPAN, D13

1. SUGGESTION

I suggest Asgardia government adopt the Public Money (PM) System and the Electronic Public Money (EPM) System [1] as the basic principle of National Currency Law. Both the PM and the EPM are the monetary system advocated by Dr. Kaoru Yamaguchi of Japan Futures Research Center. According to him, the behaviors of the PM System enables Stable Money Supply, Stable Price Level, No Bank-runs, Full Employment, No Government Debt and Sustainability. These are essential elements for sustainable development of Asgardia, so we should adopt the PM System to guarantee these elements.

2.EXPLANATION

We are currently living under the Debt Money System, which has been, for centuries, the root cause of many socio-economic instabilities and disasters such as Booms and Depressions, Inflation and Deflation, Unemployment, Inequality, Wars, and Environmental Destruction. In addition, it has served less than 1% of humanity. To be freed from these calamities, we have to establish the Public Money System for the welfare of 120% (including future humanity) [1].

Since 1970 to 2008, bank crisis have occurred 147 times in 114 countries causing serious reductions in output and increases in debt. Despite its frequent failures, the banking system has remained essentially unchanged and homogenous around the world. Various reform proposals have been put forward, many of them promising, but none have been implemented [2].

Dr. Kaoru Yamaguchi is now energetically speaking at universities, governments and parliaments around the world [3] aiming to implement the Public Money System. And the Public Money System was adopted as the basic principle of HR 2990 (NEED Act, National Emergency Employment Defense Act): US Congressman Dennis Kuchinich's Bill based on the American Monetary Act, which is submitted to the US House Committee on Financial Services on Sep. 21, 2011 [4].

In order to reform existing institutions in any country, people have to spend enormous energy on battle against vested interest groups. Fortunately, Asgardia is a new state, there are no domestic vested interest groups. So, Asgardia will be the first state in the world to realize the Public Money System.

3.REFERENCES

[1] Public Money Kaoru Yamaguchi

[2] MONETARY REFORM: A BETTER MONETARY SYSTEM FOR ICELAND, A REPORT BY FROSTI SIGURJONSSON, COMMISSIONED BY THE PRIME MINISTER OF ICELAND

[3] About Us Kaoru Yamaguchi

[4] HR 2990 (NEED Act, National Emergency Employment Defense Act)

Dear Ms.

Thank you for everyone.
I won a position of a MP-Elect of Asgardia.

However, i suppose that the vast majority of Asgardia citizens did not vote for this election.
Therefore, I think that i must consider the thinking and feelings of Asgardians more and more.

I will do my best.
Thank you.

With best regards,

Takuya Kaneko, JPN, MP-Elect, D13

I propose a Sovereign Money System to Asgardia. Key advantages of a Sovereign Money System is as follows.

1. No one has to take on more debt to create sovereign money.
2. National Bank can directly manage money supply by prohibiting the creation of new money by commercial banks.
3. The government can use all of the seigniorage as government revenues.
4. Commercial banks are unable to deprive the the nation and the people of their wealth.
5. Sovereign Money System reduces people's poverty compared to present central bank system.

Commercial banks have created excessive demand deposits by making loans. And, their new money creation resulted in depreciation of monetary value and people's poverty. Commercial banks, aiming to maximize their profit, expand the money supply faster than is compatible with economic growth, which causes inflation, hyperinflation and asset bubbles. So, our monetary system would prohibit their creation of new money and operation of funds in customer's demand deposit accounts. Therefore, demand deposits do not carry any interest. Customers who wish to invest their money would have to deposit their funds to the investment accounts. Then the commercial bank manage to these funds and also operate such as making loans. This is a system that does not permit the creation of new money by the commercial banks at all. In the Sovereign Money System, only the Asgardia National Bank would be responsible for creating and managing the money supply. Asgardia National Bank would create the digital legal tender SOLAR in exchange for the interest-free permanent bonds issued by the government. Its decisions on money creation would take into account parameters including economic growth rate, inflation goals and prices of financial assets. An independent Asdardia National Bank would have no motives to create an excess or shortage in money supply.

Money created by the Asgardia National bank would be kept in government account of the national bank and becomes government revenue. And the government would allocate the newly created money to education, insurance, public transportation services, citizen bonus, tax reduction, reduction of public bonds, infrastructure development, investment etc. If a organization monopolize the creation rights and the allocation rights of money, the organization would be motivated to supply excessive money. Therefore, issue rights and allocation rights must be strictly separated. First, the amount of newly created currency would be decided by the Currency Issuance Committee, then the Asgardia National Bank woudl create money by permission of the Currency Issuance Committee. Regarding the allocation of money, the government would prepare a budget proposal and the parliament would deliberate and approve it. In this way digital legal tender SORAL would be distributed to people and businesses as a government expenditure.

As above, i have proposed the outline of the money system which would be the basis of the Asgardea nation, but at the same time as the currency system will be established, we must promote and nurture the industry of Asgardia which would be attractive to ourselves.

銀行家の為ではない、国民の、国民の為の貨幣

私は Asdardia に統治通貨制度を提案する。統治通貨制度のメリットは以下のとおりである。

1. 貨幣を発行する際に誰も政府が負債を負わない
2. 商業銀行による貨幣の創造を禁止することにより国立銀行がマネーサプライを直接的に管理できる
3. 通貨発行益の全てを国の歳入として政府が使用できる
4. 商業銀行が国や国民の富を収奪できなくなる
5. 統治通貨システムは既存の中央銀行システムに比べて国民の貧困を削減する

商業銀行は融資を行うことで要求払預金を過剰に創造してきた。そして彼らの新しい貨幣創造は、貨幣価値の減価と貧困をもたらした。商業銀行は、利益を最大化する為に、現実の経済成長よりも速い勢いでマネーサプライを膨張させ、インフレーション、ハイパーインフレーションや資産バブルを引き起こす。そこで我々のシステムでは商業銀行による要求払預金の創造及び要求払預金口座内の顧客資金を融資などに運用できないものとする。従って要求払預金は利子を生まない。投資を希望する顧客は投資口座に資金を預け入れる。商業銀行はこれらの資金を運用し、融資の実行などの運用を行う。これは民間銀行による貨幣創造を一切許さない制度である。統治通貨制度においては、 Adgardia 国立銀行だけが新規貨幣の発行とマネーサプライの管理に責任をもつものである。Asgardia 国立銀行は、政府が発行する無利子永久国債と引き換えに デジタル法定通貨 SORAL を発行するものとする。Asgardia 国立銀行による貨幣創造の決定は、経済成長率、インフレ目標及び金融資産価格などのパラメータを考慮して行われるものとする。独立した Asgardia 国立銀行はマネーサプライの超過や不足を引き起こす動機を持たないだろう。

Asgardia 国立銀行が発行した貨幣は、Asgardia 国立銀行の政府口座に保管され、政府の歳入となる。そして政府は新規に発行された貨幣を、教育、保険、公共交通サービス、市民ボーナス、減税、公債の減少、インフラ整備、投資、開発などに分配することになる。ある組織が通貨の発行権と分配権を独占すると、その組織は過剰な貨幣発行の動機を得てしまう。従って、通貨の発行権と分配権は厳格に分離されなければならない。先ず新規通貨の発行量は通貨発行委員会が決定し、次に通貨発行委員会の許可により中央銀行が通貨を発行する。また、通貨の分配については政府が予算案を作成し、国会が予算案を審議して承認することとする。こうしてデジタル法定貨幣 SORAL は政府の歳出として個人や企業などに行き渡ることになる。

以上で Asgardea 国家の基礎となる通貨制度の概要を提案したが、通貨制度の構築と同時に、私たちは私たち自身にとって魅力のある産業をプロモートし、育成しなければならない。

Asgardia launched the space vault to keep a part of their gold reserve! And several escort ships are defending the space vault against the space pirates.When this epoch-making story becomes reality, the world will be hard to ignore the presence of Asgardia. The launch of the space vault will contribute not only to the establishment of Asgardia's international presence and national reliability, but also to the stabilization of monetary value and the prevention of poverty.

宇宙金庫室の打ち上げ: Asgardia の国際的プレゼンスと国家の信頼性の確立

Asgardia が金準備の一部を保管する為、宇宙金庫室を打ち上げた！ そして幾つかの護衛艦が宇宙海賊から宇宙金庫を防衛している。この画期的なストーリーが現実となった時、世界は Asgardia の存在を無視することが難しくなるだろう。宇宙金庫の打ち上げは、A sgardia の国際的プレゼンス及び国家の信頼性の確立に貢献するだけでなく、貨幣価値の安定及び貧困の予防にも貢献するだろう。

December 22, 2017

Dear Ms.

Emancipation Proclamation 2.0

Asgardia's attempt to have the influence equal to the members of United Nations on the offshore of the earth is surprising. Although Sovereign Order of Malta has little territory on the ground, it's participating in the United Nations as an observer. So the ambition of Asgardia isn't a completely reckless story over the future.

There is a growing concern that the US and Japanese currency systems will collapse in the near future. In Japan, issuance of large amounts of national bonds by the government and bold monetary easing by the central bank did not work well, and the people can't feel the improvement of the real economy. It is worried that the currency will collapse by continuing such fiscal-monetary policy by inertia. However, we have no way to escape from such crisis, because it's not easy for anyone to migrate to another country.

But now, Asgardia has given us the alternative! The moment we choose to become an Asgardian, we get the possibility to emancipate us from spell of currency. The right to issue the currency SOLAR is at National Bank of Asgardia. It is not a private bank like the Federal Reserve Bank. As a result of control of SOLAR by Asgardia, we will be emancipated from the currency depreciation trap so-called the wealth-theft-system caused by massive debt issue and enormous reprint of money. Nurturing SORAL that does not depreciate is a security for the sustainable development of Asgardia. Let’s make this gospel a reality.

Let's emancipate our children from the poverty, the debts, the polluted land and the historical views governed. To that end, we must emancipate ourselves from the wealth-theft-system.

I need your help to realize our hope.
Thank you.

Respectfully yours
Takuya Kaneko

December 21, 2017

Dear Ms.

Emancipation Proclamation 2.0

Asgardia's attempt to have the influence equal to the members of United Nations on the offshore of the earth is surprising. Although Sovereign Order of Malta has little territory on the ground, it's participating in the United Nations as an observer. So the ambition of Asgardia can't be said to be a completely reckless story over the future.

There is a growing concern that the US and Japanese currency systems will collapse in the near future. In Japan, issuance of large amounts of national bonds by the government and bold monetary easing by the central bank did not work well, and the people can't feel the improvement of the real economy. It is worried that the currency will collapse by continuing such fiscal-monetary policy by inertia. However, we have no way to escape from such crisis, because it's not easy for anyone to migrate to another country.

Asgardia has given us the alternative. The moment we choose to become an Asgardian, we get the possibility to emancipate us from spell of currency. The right to issue the currency SOLAR is at National Bank of Asgardia. It is not a private bank like the Federal Reserve Bank. As a result of control of SOLAR by Asgardia, we will be emancipated from the currency depreciation trap so-called the wealth-theft-system caused by massive debt issue and enormous reprint of money. Nurturing SORAL that does not depreciate is a security for the sustainable development of Asgardia. Let’s make this gospel a reality.

Let's emancipate our children from the poverty, the debts, the polluted land and the historical views governed. To that end, we must emancipate ourselves from the wealth-theft-system.

I need your help to realize our hope.

Respectfully yours

Takuya Kaneko

2017年12月21日

解放宣言 2.0

地球のオフフショアに国際連合加盟国と同等の影響力を持とうという Asgardia の試みは驚きです。地上に領土が殆どないマルタ騎士団もオブザーバーとしてではありますが国際連合に参加していますから、 Asgardia の野望が将来に渡って全く無謀な話であるとは言い切れないでしょう。

近い将来に米国や日本の通貨システムが崩壊してしまうのではないかという懸念の声が上がっています。日本では政府による大量の国債発行と中央銀行による大胆な金融緩和も功を奏さず、国民は実体経済の改善を感じることができないでいます。このような財政・金融政策を惰性で継続することにより、通貨が崩壊するのではないかとも懸念されています。しかしながら、私たちにはこの危機から逃れる手段は有りません。誰もが容易に他国に移住できる訳ではないからです。

Asgardia は私たちに選択肢を与えてくれました。私たちが Asgardia 市民になることを選択した瞬間、私たちは通貨の呪縛から解放される可能性を得るのです。通貨 SOLAR の発行権は Asgardia 国立銀行にあります。それは連邦準備銀行のような民間銀行ではありません。Asgardia が SOLAR のコントロール権を持つことにより、負債の大量発行と貨幣の大増刷によって引き起こされる通貨の減価の罠、いわゆる富の収奪の罠、から私たちは解放されるでしょう。減価しない SORAL を育むことこそが、Asgardia の持続的発展の担保になるのです。私たちの手でこの福音を現実にしましょう。

貧困、負債、汚染された国土と政府に統制された歴史観から、私たちの子どもたちを解放してあげましょう。そのために、私たちは富の収奪システムから私たち自身を解放しなければなりません。

私はあなたの助けを必要としています。私たちの希望を実現する為に。

金子拓也