Basic Income

The economy
won't provide what people lack
the money to buy

New Money

There exists no natural channel through which consumers receive sufficient spending money to be able to buy everything the economy has to offer them.

Project Greshm is solving this problem by developing a complementary US dollar monetary system that puts money directly into the hands of consumers. Greshm is like PayPal®, but you'll get a fixed amount of unconditional free money every day.

You will not have to "buy in" to participate. Greshm is free. We plan to organize the project as a nonprofit and manage it for the benefit of everyone.

USD Reserves

Under the gold standard, countries created paper money that was as good as gold. The US dollar is the gold that underlies the Greshm system.

When people withdraw money from their Greshm accounts, that money comes from Greshm's USD reserves. When people make payments that draw from their linked bank accounts, this adds to the USD reserves.

Money can be withdrawn from Greshm only after sitting for a period of days. This constraint encourages people to spend their money instead. The spending protects Greshm's USD reserves.

Alex Howlett

Founder

Alex Howlett is the founder of Project Greshm. He knows that you would have lots of questions for him if you didn't think he was crazy and wrong.

If you want to be able to explain to him why he's wrong, you should probably check out the Greshm overview, read the 5-page white paper, and then take a look at the blog.