SOLUTION TO UNEMPLOYMENT & HYPERINFLATION
"O% Mortgages: The fulfillment of the Federal Reserve's dual mandate of maximum employment & stable prices."
Solution to Unemployment!
*According to www.vox.com, “the US needs roughly 10 million people, including both low-wage and high-skilled workers, to fill job openings nationwide.”
The National Association of Realtors states, “Every loan that closes, generates two jobs and injects an estimated $120,000 into the economy over time.”
There are potentially 265 million mortgage loan transactions nationwide, i.e., residential, commercial, and land, refinances and purchases, that would benefit from our 0% interest rate loan program.
Based on this metric, if only 10% (26,500,000) of these loans were closed, this would create 53 million, living-wage jobs and inject approximately $3.2 trillion into the US economy over time for much-needed humanitarian, housing, and infrastructure projects.
Solution to Hyperinflation!
On October 15, 1923, the Rentenmark was a currency issued to stop the hyperinflation during the war of 1922 and 1923 in Weimar, Germany. The Rentenmark currency was attached to real assets, namely 5-year agricultural mortgages and inventory from businesses that made twice-yearly payments.
Today, With the war in Ukraine and the world on the brink of military conflict, the same response is needed to stop hyperinflation. Attaching the US currency to real estate assets worldwide makes our product, Treasury Insured Mortgage Securities (TIMS) exponentially stronger than the Rentenmark.
When 0% mortgages become a product in the hands of ordinary citizens, we will be able to achieve 2% inflation, manage responsible government borrowing, collateralize central bank printing, appropriately fund credit risk insurance, implement underwriting guidelines that mitigate excessive real property price escalation, generate disposable income, encourage consumer spending, stimulate infrastructure development, provide job creation, ensure bond authentication and secure currency stabilization, Nationwide and eventually, Worldwide.
Isaiah 2:4 "He will judge between the nations and will settle disputes for many peoples. They will beat their swords into plowshares and their spears into pruning hooks. Nation will not take up sword against nation, nor will they train for war anymore."
EDEN FINANCE & DEVELOPMENT CORP.