Science and Technology Science and Technology
Tue, January 21, 2025

External Revenue Service Could Create a New World Order


Published on 2025-01-21 12:22:27 - NextBigFuture
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  • The US in creating an external revenue service to collect tariffs. This is re-opening negotiations for all trade and other relationships with all other countries. It is the threat of actions and actual actions where the economic strength of the United States will be used to pressure other countries.

The article from NextBigFuture discusses the concept of an "External Revenue Service" (ERS) as a potential mechanism for creating a new world order. It suggests that instead of traditional taxation, an ERS could be established to manage global financial transactions, potentially reducing corruption and increasing efficiency in revenue collection. The idea posits that such a service could be implemented through blockchain technology or similar systems to ensure transparency and security. The ERS would not only streamline tax collection but also could fund global public goods, manage international aid, and possibly stabilize economies by reducing tax evasion and black markets. The article explores how this could lead to a more integrated global economic system, potentially diminishing the power of individual nation-states in favor of a more centralized, yet decentralized in operation, global governance model. However, it also acknowledges the significant political, legal, and technological challenges in implementing such a system, including issues of sovereignty, privacy, and the need for international consensus.

Read the Full NextBigFuture Article at:
[ https://www.nextbigfuture.com/2025/01/external-revenue-service-could-create-a-new-world-order.html ]
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