That's what I'm proposing: scaleable "Pools" of property rentals, renewable energy and so on bounded by simple partnership-based protocols.

The models I am putting forward are an order of magnitude simpler, and without the conflicts,than what we have now. But there's no money in simplicity is there?

Just to reiterate:

1/ Hold bare "ownership" of assets in trust (already the case - the stock market can't operate without custodians such as Northern Trust).

2/ Divide the flow of production and/or revenues from these assets into proportional shares=units.

3/ Find investors in these units.

It's that simple, and it's already being done, imperfectly, in Canada on a massive scale. ie Income Trusts

The Blackstone IPO (units in a Limited Partnership) was essentially another (imperfect) form of the same structure.

Why risk capital by creating credit based upon it Jerome? You REALLY don't need to.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky