The Epocalypse
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About this ebook
Khan presents a plan for a mutual benefit bond system that would liberate people everywhere from the burden of paying taxes in this revolutionary book.
Not only would the plan solve the problem of poverty, it would also eliminate government debt on a massive scale. Khans plan would collect more revenue than annual budgets in as little as thirty daysall without requiring people to pay taxes.
A mutual benefit bond system would also reduce inflation, trigger a new industrial revolution and slash the cost of living in half. It would usher in a new era of interest-free banking, eliminate terrorism, and eradicate drug abuse.
Mainstream economists claim that none of this can be done, but these are the same people that want to keep taking your hard-earned money.
Find out how we can eliminate taxes while making the world a better place with a mutual benefit bond system that would reverse the world recession.
Dr. Niaz Ahmad Khan F.R.C.S. PhD.
Niaz Ahmed Khan, Ph.D. currently lives in Sharjah, United Arab Emirates.
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Book preview
The Epocalypse - Dr. Niaz Ahmad Khan F.R.C.S. PhD.
Copyright © 2017 Dr. Niaz Ahmad Khan F.R.C.S., PhD. All rights reserved.
ISBN
978-1-4828-8227-8 (sc)
978-1-4828-8228-5 (e)
Library of Congress Control Number: 2016963356
All rights reserved. No part of this book may be used or reproduced by any means, graphic, electronic, or mechanical, including photocopying, recording, taping or by any information storage retrieval system without the written permission of the publisher except in the case of brief quotations embodied in critical articles and reviews.
Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in this work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.
www.partridgepublishing.com/singapore
12/30/2017
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CHAPTER ONE
INTRODUCTION
CHAPTER TWO
MBBS (MUTUAL BENEFIT BOND SYSTEM) HOW MBBS WORKS: A CASE STUDY OF THE USA
MBBS IN THE USA, A CASE STUDY
USA’s Current Economic System
USA’s Economic System under MBBS
Philosophy of MBBS
Tax as a Burden
Why The MBBS Can Work for USA
Changing the American Mindset
MBBS’ Economic Appeal
A MICROECONOMIC CASE FOR MBBS
MBBS in Outline
Why Price Controls?
MBBS and Incentives
MBBS Prices
Calculating the Cost of Bonds
The Rationale for a Sliding Scale for Bond Costs
Reasons for Purchasing MBBS Bonds
The Household Budget and MBBS
MBBS and the Concept of Marginal Utility
Why MBBS Bonds Help Businesses
Category One Business
Category Two Business
Category Three Business
The Impact of Participating in MBBS
Savings for Manufacturers in MBBS
Gold Mine
The Retailer and MBBS
Business Operations and MBBS
Imports and Foreign Exchange Transactions Imports
A MACROECONOMIC CASE FOR MBBS
What is wrong with the Current Economic System in the USA?
The Way Out of the Crisis
How MBBS Produces a Properly Functioning Economic System
Sustaining the Value of the MBBS Bond
The Government of USA’s MBBS Balance Sheet and Cash Flow
Corporate Farming
The True Interest Free Banking System
The Start of Interest-Free Banking in USA
Interest-Free Banking
Role of the Central Bank
Impact of MBBS on USA’s Banks
IMPLEMENTING MBBS
The Government of the USA’s Role in MBBS
The Implementation Strategy
Incentive for Multiplication Effect to Investor, Govt. & Poor Population
Grassroots Organization
A Flood of Money
Deflation and Not Inflation
Interest Free Instead of all Other Interest Based Financial Instruments
CHAPTER THREE
CONCLUSION
CHAPTER FOUR
FREQUENTLY ASKED QUESTIONS
Reversing the World Recession Overnight
SUMMARY
Reversing the World Recession Overnight
A Method to Address Economic Recession, Remove Poverty, Terrorism, Improve Law and Order, Reduce Drug Abuse, Inflation And Taxes in an Interest Free Economy.
By: Dr. Niaz Ahmed Khan, FRCS, PhD
ABSTRACT:
I have developed a new financial instrument which will be much more valuable than the bonds or the treasury bills government sells on the open market to raise much needed funds to run the country. These are all interest based instruments and can only be used by institutions. The instrument I am proposing is without interest and will be used by everyone to purchase goods and services in the government and private sector resulting in discounts up to 60%. This is why these will be massively bought up front in large amounts in the shortest period of time, to run the country for at least a year and more by the end of the year.
SUMMARY OF THE BOOK:
The world is facing many challenges with no solution in sight. The main cause of all these ills is POVERTY.
Float bonds, which can be used by everybody rich or poor and are not debt to the state so there is no question of interest. How: Take the example of the USA, which is going through a great recession. The USA borrows money by selling treasury bills and the interest based bonds. The suggestion is to sell these bonds on a non interest basis.
Buying all goods and services under govt. control with these bonds and these bonds will replace the dollar.
10 million dollar Duty waved off.
1 billion dollar prize draw from the bonds bought by the public every day.
At least 100 percent return in one month.
EXAMPLE: ONE dollar buys five bonds on the condition that the amount should be $50,000 or a multiple of it. Fewer amounts will get the rate of four and three. This massive discount period is only for first month at the start of the implementation of this system. In the second month, the rate will be four, but the rate of three will apply to subsequent months