viva supeRNov 20
Money with “demurrage” or that rusts
It was invented by Silvio Gesell in the last century
It worked in real experiments but was quickly pushed aside because banks had no interest in it
A millennium later it was invented again already constitutionally digital and with incredible super powers including
constant revenue to fund public spending
a social dividend or UBI depending on the model
ABOLITION of taxes
ABOLITION of income tax filing
#economics #ubi #demurrage #vivasupeR
Show threadviva supeRNov 20

modular economic system with only a few parameters
suitable for economies with heavy automation driven production
…
followed by a very long list of special features

The main mechanism is simple therefore beautiful
The currency wears out every year and at every transaction according to a politically chosen rate
It can be used only within national borders and is paired with a complementary one for foreign trade
#economics #ubi #demurrage #vivasupeR

Show threadviva supeRNov 20
Since value is lost both when accumulating and when exchanging moneta viva super, this generates revenue available for public spending, and the state only needs to issue new moneta viva super.
In this way the Public Administration does not need to rely on other taxes to fund public spending, but the tax burden would be only proportional and not progressive, as required by advanced constitutions.
#economics #ubi #demurrage #vivasupeR
Show threadviva supeR
Social justice does not allow a wealthy owner to face the same tax pressure as those with fewer means.
A corrective is obtained through a social dividend or UBI.
Those who have less are compensated for the taxes they paid but should not have paid, but only up to a threshold. After that point everyone begins to face full tax pressure. Overall this creates a progressive effect which is essential for the ABOLITION of taxes, exceptions are possible.
#economics #ubi #demurrage #vivasupeR
Nov 20 at 9:13amWeb
Show threadviva supeRNov 20
Being everything automatic and anonymous, income tax filings can also be abolished.
Therefore moneta viva supeR also means a bureaucratic die-off.
#economics #ubi #demurrage #vivasupeR