Saerules,
I was wondering what your system was when I first read it and now I see that it is your own devising. I would have to see how you apply it to everchanging needs of the populace i.e. establish a rate of pay for a wagon wheel maker then react to the change when no wagon wheels are needed. It sounds like your system would require a host of people to adjust pay rates to respond to changes in the economy. Capitalism and a fiat money system adjust for this nicely due to market forces, without a formula because supply and demand are controled by the whim of the people in the system.
It is an interesting system. I'm thinking of a way to make money four dimensional so it will lose value over time thus eliminating the inevitable inflation that historically destroys fiat money. We are at the end of one of those cycles right now although the EU has made efforts to stave off that end by unifying money in the area into the Euro. It seems like it was a good move. Maybe us 'Mericans will form our own union and a competing America Dollar will birth onto the scene to stabalize our economy or at least restart the process that causes fiat money to become worthless.
Who knows,
Rhizo
I was wondering what your system was when I first read it and now I see that it is your own devising. I would have to see how you apply it to everchanging needs of the populace i.e. establish a rate of pay for a wagon wheel maker then react to the change when no wagon wheels are needed. It sounds like your system would require a host of people to adjust pay rates to respond to changes in the economy. Capitalism and a fiat money system adjust for this nicely due to market forces, without a formula because supply and demand are controled by the whim of the people in the system.
It is an interesting system. I'm thinking of a way to make money four dimensional so it will lose value over time thus eliminating the inevitable inflation that historically destroys fiat money. We are at the end of one of those cycles right now although the EU has made efforts to stave off that end by unifying money in the area into the Euro. It seems like it was a good move. Maybe us 'Mericans will form our own union and a competing America Dollar will birth onto the scene to stabalize our economy or at least restart the process that causes fiat money to become worthless.
Who knows,
Rhizo