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Re: Help me obi-Phil kenobi, you're my only hope..
Posted By: Superfoborg (ip68-6-118-241.sb.sd.cox.net)
Date: 6/20/2003 at 2:24 p.m.
In Response To: Help me obi-Phil kenobi, you're my only hope... (Superfoborg)
Another thought I forgot to mention is, I'm pondering the origins of currency, inflation, etc, and it's effects on the overall system's Net. I generally like the idea of... can't remember the term now, but money that has value because we say it does, not because it's an IOU for something else with actual value. So I want to stick with that. But how much money is in the system? When do you print more of it? Some thoughts I'm considering are, is there actual value added to the system every time someone performs a value-added service? Basically, is all personal profit actually adding value to the system, at least in theory, because you're DOING something with a value where no such value existed before you did the thing? What about when new people are born into the system - should there be new money printed for them? Or just when they actually do something to earn money?
The thought I'm having so far is, take the overall earned profit or loss (the InnerNet) of each unit, add them for that tier, add those tiers, and so on, until you get an aggregate profit or loss for the entire system. That is the system's OuterNet (also it's InnerNet... since there's no tier above the top level, Inner and Outer nets are the same). It should, in theory, almost always be positive, unless everybody is just flaking off, in which case you know the economy is clearly failing. The system's OuterNet is how much money is added to or subtracted from the total system, basically how much money is being printed or destroyed. Any new money printed or money destroyed is distributed amongst the population by the basic tax pattern, since the OuterNet for the whole system determines the OuterNets for it's units and so on down until everybody owes or is owed a small fraction of the system's total OuterNet.
Does that sound like it would work?
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