28 may 2015 10:32am
for clarity sake of communicating my idea
let's call the unit currency in circulation a $
let's also say that each human being born into the world and living day-to-day
is given (awarded) one $ per day of life
everyone gets their $ added to their account at the 24-hour mark of their birth timestamp
so a newborn accumulates $7 in the first week of life
let's also say that this new citizen cannot access the money until they turn 18 years old
so on the day they can start spending the money they have $6,574 (4 leap years assumed)
the fund disappears if the child dies before they reach the milestone
now imagine this has been the law of the land for decades
everyone has been given exactly the same thing day after day
independent of all else they do with their life
so there's an exact amount of known currency in the system (the new economy)
now imagine what the price of anything, you can imagine, costs
from a gumball to a new home
the gumball a small fraction of a $
the house maybe a few hundred $s
who knows what the free-market valuation solution will set at any particular point of time
new things come & old things go
and the system self adjusts the pricing of everything
if there's a huge natural disaster
money does not get added to fix the problem this creates
instead currency gets removed because people died
all the dead citizens' money disappears from the system & total pool
only their possessions can be given/taken/sold off by family or friends
crazy idea & system, right
yet a system could work this way in reality or in a game
so the question becomes is this better or worse than what exists today
does the stability trump all the other potential issues
i'm not sure how this debate would turn out
but i certainly think the debate is worth the time & effort to have in seeking out new solutions
for i believe there's little debate that a better solution is needed
if we want long-term sustainability
challenge me & start the debate