The PM appoints RBI Governor and Directors. Since the PM and super-rich have nexuses, the super rich also decide who will get these jobs. The citizens have no control over RBI officers.
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The PM appoints RBI Governor and Directors. But citizens, using RLPP can expel/replace them. So citizens have direct control over them.
The RBI-Governor consults the PM/FM and super-rich and issues RBI-notes. The private bankers also create money from thin air.
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RBI-Governors can issue notes ONLY after majority of citizens have Approved. The bankers cannot issue money. So only citizens can create money from thin air, not the rich.
The disputes are resolved by judges. Due to continuous proximity with same layers, over time the many judges develop nexus with lawyers and so dispute-resolution favors becomes biased in favor of those who can pay. Also Indian judges are too busy and can seldom resolve a case in time.
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The disputes are resolved by 12 Jurors (randomly chosen common citizens) who have no nexuses with anyone. So trials will be fairer. Further, Juries can give continuos un-interrupted hearings for days and thus resolve the cases faster.
When a bank make profits, the bankers keep it and when the bank makes huge losses, the citizens have to bear the burden.
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Non-issue as Legal Tender System ONLY deals with deposits and transfer. There are no losses or profits as CLT-agency cannot issue loan.
The bankruptcies are built in
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The bankruptcies are NOT built-in
Today, RBI issues notes ONLY after govt gives interest bearing bonds. The interest creates a burden on the citizens.
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The RBI issues notes upon citizens’ Approval without any interest. So RBI-notes in CALT-System create zero burden on citizens.
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