Utopian Finance 101

Global population is roughly 7.3 billion humans. Global circulation is roughly 1.33 trillion USD. Global debt is roughly 57 trillion USD. Global stock is roughly 33 trillion USD. Therefore, the average human is worth roughly 10,958.91 USD. However, this number is neither accurate nor relevant in a debt-free, gift-based economy. The value per human in such an optimal system would result from the following relation of ideas:

L = (C+D+S)/P

– wherein “L” signifies “Human Life,” “C” signifies “Global Cash,” “D” signifies “Global Debt,” “S” signifies “Global Stock,” and “P” signifies “Global Population.” Applying this equation to determine L or the value per human life outputs “18,767.1233.” This number does not mean USD or any other global currency. It means the value of a human life at any time at any place on Earth. Value or “V” is a product of both quantity and quality. The number 18,767.1233, in this case, represents quality of V. This number must be interchangeable metrically with what can only represent quantity of V: the average human healthy life expectancy. Today, that value, signified by “Y,” equals roughly 60 years. Thus:

L = V = (C+D+S)/P = Y

In order to prevent inflation, the quantity of V in global circulation would always be determined by the quantity of P (Global Population) or humans presently alive on Earth. For instance, if there are 8 billion humans alive on Earth, then there are 8 billion V in circulation, and if the average human healthy lifespan in this case is 75Y, then the system in its entirety would be worth 600 billion Y and 1V would equal 75Y. Humans are more familiar with conventional metrics of time than they are with this new, abstract concept of Value as defined, so imagine in this optimal economic system that Value is exchanged through voluntary gifting of “Years,” “Seasons” (.25Y), “Utilities” (.1Y), and “BitLifes” (.01Y).

Rather than a credit score, members of society have a “Reciprocity Score” determined by the ratio between Value given and Value received. In this radically open and advanced economy, everyone’s Reciprocity Score would be publicly visible, as would be their “Value History,” or a timeline of that person’s Value transactions receivable and payable. Social security and system fairness would be enforced through thumb authentication or some other reliable means of control. Accuracy of Value would be enforced through tracking and correlating the present global fair market demand for all major resources, including currency, land, water, and energy.

More economic metrical synchronicity yields more economic metrical accuracy yields more economic metrical prosperity.

In short, the present global economic metric system is poorly accurate with regard to what “Value” even means, which again is a matter of average human Life quality and quantity.

We are quite far from living in this utopian economy - and yet so close.