2016 self liquidating fund asp
Refer to my articles: How might cell phone money change the financial system?
Today, Global economy is lacking of short term funds & many companies are struggling to procure short term capital.
The US government could fund both its operations and avoid the fiscal cliff by introducing a self-liquidating and self-financing negative interest rate complementary currency.
T- Bills are short term instruments issued by the RBI which are used in shortfall of liquidity.
Monetary control is more effective if these markets are liquid.
Famous money market centers in India are Mumbai, Delhi & Kolkata Money Market Instruments Treasury bills: Coming to treasury bills, these are very popular instrument in present scenario of economy.
The US government could use the vouchers to not only fund its operations but also to reduce its debt.
Businesses that accept credit card payments would prefer to be paid with the vouchers.