Tuesday, July 23, 2019

Money

I have explained why (scalar) money can not adequately represent value. (See www.robert-w-jones.com, book, chapter 2.) (A fully mature communist society was expected to have no money.) I have previously proposed a vector currency which might serve as a compromise. Vector currency might have components like conventional money, community service time, military service time, organ donations, etc. Time spent in things like a volunteer fire service might substitute for military service. Aid in disaster relief might be one sort of community service.

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