A1. From what Source does GIPE provide Instant National Revenue?

From a %age of GNC – Gross National Collateral – estimated at £8Tn – £20Tn,
received from MITS – Mandatory Investment in Triple Security (National Revenue).

A2. What is meant by Triple Security (National Revenue)?

Defence Security, Policing Security & Social Security (the Welfare State).

A3. Who must Invest in (or pay) MITS?

All Collateralists with collateral above a MITS Threshold – say £1 Million.

A4. Who are the Collateralists?

Collateralists are Persons & Corporations with Collateral in the Country. It includes Overseas Residents, National Trusts, Royalty & State owned Collateral.

A5. What is Collateral?

Collateral is the Money Value of Assets Eligible as a Surety for Bank Loans.

A6. Please give some examples of Assets that qualify as Collateral?

Buildings, Land, & Large Gold Deposits may qualify as Collateral.

A7. Please give some examples of Assets that do not qualify as Collateral?

Cars, Jewellery, Furniture, Goods & Chattels do not qualify.

A8. Is MITS Ethical, Equitable and Fair?

Yes!  MITS is Proportionate to Share of Triple Security Expense Enjoyed.

A9. What is the formula to calculate MITS?

MITS = (Revenue x Collateral) ÷ GNC – Gross National Collateral.
GNC – Gross National Collateral is estimated at £8Tn – £20Tn,
So if the State owns 60% of GNC, the State must invest 0.6 x Revenue.
A Collateralist who owns 0.01% of GNC must invest 0.0001 x Revenue.

A10. Isn’t MITS a form of Tax?

No! Definitely not!  Tax is not repaid.   MITS is repaid with interest.

A11. How is MITS repaid with interest?

MITS is repaid with interest from Surplus Revenue raised in subsequent years due to a Prolific Growth in Gross National Collateral & MITS from “Prosperity ensuing from abolishment of Taxes on Income & Expenditure”  and that money released in to the Economy.

A12. Is MITS a State run Ponzi Scheme?

Definitely not! A Ponzi scheme is a Fraudulent Investment Operation where no profits are created and with no expansion in collateral. In Collateralism there is Prolific Profit and Geometric Growth & Creation of Collateral (more than 3 times* previous year) i.e. 3 x GNC (Gross National Collateral of previous year) due to Colossal Spending increase, from extra take-home money & prosperity when all taxes are abolished and that money released in to the Economy.

A13. Why 3 x GNC* (Gross National Collateral of previous year)?

3 x GNC* is a conservative figure. If the State backs Inventions (like Gigadron) with High Collateral Creation Merit, the multiple 3 should be more than 6.  Proof: 1st Aircraft Invention Cost  – $400 – Collateral Creation Assets of just one US Aircraft Maker – Boeing in 2010 - $63Bn.
Proof:   MITS can be repaid with 20% Interest every year.

A14. Is money provided by MITS Real Money?

The money provided by MITS is Real Money backed by Collateral.
“The Collateral Standard” - more real than money in circulation today.