A Federal Credit Receipt (FCR) is a temporary placeholder for a Treasury obligation during its negotiation. All aspects of monetary, taxation, and debt repayment are negotiable.
In the simplest case, a bond-owner might trade their bonds for a revenue stream deriving from a City's water system.
The above provides infrastructure capital with very low cost of funds.
Thursday, July 6, 2017
Wednesday, March 15, 2017
Update to the data structure
Someone suggested to break the units and denomination into two 'events'. So, we would have:
I Offer 100
My Offer-units $
My Terms 'plane ticket to BKK'
His Terms 150
My Offer 130
He Agrees.
So, the data structure has 6 columns:
EventID (GUID or similar)
TransactionID (GUID or similar)
EventType (text)
CommerceID (user defined)
Description (text)
TimeStamp (date time)
I Offer 100
My Offer-units $
My Terms 'plane ticket to BKK'
His Terms 150
My Offer 130
He Agrees.
So, the data structure has 6 columns:
EventID (GUID or similar)
TransactionID (GUID or similar)
EventType (text)
CommerceID (user defined)
Description (text)
TimeStamp (date time)
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