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General Discussion / The Currency Relativist Theory (Stéphane Laborde's TRM)
« on: January 27, 2015, 05:50:04 am »
Hello!
Stéphane Laborde elaborated a theory relativist for a free currency (Théorie Relative de la Monnaie, TRM, in French), which should be of interest.
His book in French:
http://www.creationmonetaire.info/2012/11/theorie-relative-de-la-monnaie-2-718.html
http://www.creationmonetaire.info/videos (in French).
I've translated his mathematical appendix to English:
https://github.com/informatimago/LatexTRM/blob/master/LateXTRM-en.pdf
In short, money is created for each human participating in the currency, to a rate that is in function of the lifespan of the human beings, so that it is equilibrated both in space and in time. (For the population of Europe, given the lifespan, that would correspond to a Universal Dividend of about 500 euro per person per month). That is, the new money is distributed to people, instead of to bansters, and in a reasonned and justified manner, instead of with aphasard "quantitative easings".
Stéphane Laborde elaborated a theory relativist for a free currency (Théorie Relative de la Monnaie, TRM, in French), which should be of interest.
His book in French:
http://www.creationmonetaire.info/2012/11/theorie-relative-de-la-monnaie-2-718.html
http://www.creationmonetaire.info/videos (in French).
I've translated his mathematical appendix to English:
https://github.com/informatimago/LatexTRM/blob/master/LateXTRM-en.pdf
In short, money is created for each human participating in the currency, to a rate that is in function of the lifespan of the human beings, so that it is equilibrated both in space and in time. (For the population of Europe, given the lifespan, that would correspond to a Universal Dividend of about 500 euro per person per month). That is, the new money is distributed to people, instead of to bansters, and in a reasonned and justified manner, instead of with aphasard "quantitative easings".
