Dec 28, 16 / Cap 27, 00 16:37 UTC
Distribution of money - basic income ¶
Greetings fellow Asgardians,
I have pondered for some time, on how to create a more balanced economic system.
To make this first message short, i'll try to just get the 2 basic principles:
- Money is CREATED in each cycle (day, week, month..), for every participant, evenly.
- Money is DESTROYED by renting common property (land, for example) - this is never perpetual, and is open for competition.
This way, there is always new money in circulation, and ownership has to be economic. A real free market can emerge, with the value of each property known at each time.
Obviously, this would have to be implemented as a virtual currency.
I'll appreciate any feedback, and elaborate if there are questions.
Thanks,