What about conxept of Asymmetric Monetary System

Wysus

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Quote from: davis196 on October 27, 2017, 01:13:56 AM

Quote from: Wysus on October 24, 2017, 04:47:35 AM

Hello Everyone!
A few weeks ago I came up with something and I called it Asymmetric Monetary System.
Current Monetary System is symmetric which means the deptor should pay his debt dirrectly to the creditor (bank).
So what if government of some country will create a Monetary System where debtor's debt is automatically paid by spending money and money eliminates after payment?
I had published short article about this model. You can read it and give me some critics http://telegra.ph/SYNVERTO-AND-THE-ECONOMIC-MODEL-10-16
Thank you!

Everything on the universe and everything on planet earth is symmetric and balanced.
Creating something assymetric isn`t going to work.
I hate clicking on links inside forum posts ,so i won`t read your article,but your idea isn`t very logical.
Money are a store of value(despite the inflation) and we can`t eliminate them after payment.
The debts of some people/companies are other people`s savings.

This system is asymmetrical in relation to the creditor and the debtor but symmetrical in ralation to "store of value" and production of goods and services. In this article there is the term "Synversion", which I came up with which means Money-Debt-Elimination Swap. I would be glad for you if you read my article.

Wysus

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Quote from: Hydrogen on October 26, 2017, 03:07:43 PM

One perspective says printing an unlimited supply of money will decrease its value through heightened supply. There could be limits to the amount of cash a nation could create and possibly also a limit to the amount of cash a nation could destroy before suffering negative effects.

There is no ulimited supply of money in Asymmetric Monetary System. Money supply is limited by supply of created goods and services and money supply cuts while consuming. I.e. when some producer wants to create some goods or services he gets needed amount of money from Isuuer to cover expenses. And then when he and his employers spend this money for goods or services his debt eliminates part to part and an appropriate amount of money is withdrawn from the economy simultaneously.

Every producer gets needed amount of money, but every swap eliminates this money. This system excludes the accumulation of money but includes sufficient funding by Issuer.

davis196

hero member

Activity: 3164

Merit: 937

Quote from: Wysus on October 24, 2017, 04:47:35 AM

Hello Everyone!
A few weeks ago I came up with something and I called it Asymmetric Monetary System.
Current Monetary System is symmetric which means the deptor should pay his debt dirrectly to the creditor (bank).
So what if government of some country will create a Monetary System where debtor's debt is automatically paid by spending money and money eliminates after payment?
I had published short article about this model. You can read it and give me some critics http://telegra.ph/SYNVERTO-AND-THE-ECONOMIC-MODEL-10-16
Thank you!

Everything on the universe and everything on planet earth is symmetric and balanced.
Creating something assymetric isn`t going to work.
I hate clicking on links inside forum posts ,so i won`t read your article,but your idea isn`t very logical.
Money are a store of value(despite the inflation) and we can`t eliminate them after payment.
The debts of some people/companies are other people`s savings.

leonair

sr. member

Activity: 1400

Merit: 420

I think that this is a great idea if enable in our modern age but I doubt that it will pass today or in the future as this good as it gets will be hindered by those people that is so powerful and already taking advantage of what is the current monetary system are. It is just like the people who already invented a water that can substitute a gasoline to run a vehicle we all know that there are and the electronic cars or rechargeable cars that can't go mainstream because of the big time companies of well known cars that will not support it because it will kill their business.

Hydrogen

legendary

Activity: 2562

Merit: 1441

There's a school of thought known as "thermoeconomics" where the exchange of money is compared to energy being conducted with the 2nd law of thermodynamics and other observations or laws revolving around how these interactions occur being applied.

In attempting to analyze markets or economics, I like what Einstein said about his law of relativity. He said "energy can never be truly created nor destroyed, it can only change forms".

There may be a question of whether Einstein's quote on relativity can be applied to economics, markets or finance. Can money be truly created or destroyed or does it merely change forms? An as you call it "asymmetric monetary system" or system of debt where debt's are automatically paid and money is seemingly created or destroyed out of thin air could be relevent to this.

One perspective says printing an unlimited supply of money will decrease its value through heightened supply. There could be limits to the amount of cash a nation could create and possibly also a limit to the amount of cash a nation could destroy before suffering negative effects.

Wysus

newbie

Activity: 4

Merit: 0

Hello Everyone!
A few weeks ago I came up with something and I called it Asymmetric Monetary System.
Current Monetary System is symmetric which means the deptor should pay his debt dirrectly to the creditor (bank).
So what if government of some country will create a Monetary System where debtor's debt is automatically paid by spending money and money eliminates after payment?
I had published short article about this model. You can read it and give me some critics http://telegra.ph/SYNVERTO-AND-THE-ECONOMIC-MODEL-10-16
Thank you!

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