Relative Theory of Money v2.718

Table of Contents

Introduction to Version 2.718
Preface of Version 1.0 by Yoland Bresson
Introduction to Version 1.0
Reading Advice for Version 2.718
Definitions
- Reference: Monetary Zone
- Pseudo-isolated economic zone
- Value measurement: monetized exchanges
Formalization
- Relativity principle
- Liberty, Value, Money, Coordinate system
- Axiomatic
- Open (Libre) Code and Free Monetary System
- Summary
The “Three Producers Problem”
Reference Value Problem
“Debt-Money” Problem
- a) Spacial symmetry is not respected
- b) Temporal symmetry is not respected
- c) Enslavement through missing interest
- Conclusion
Solutions
- a) Solution Classes
- b) Optimization and Life Expectancy
- Conclusion
General Considerations
- Some Orders of Magnitude
- About Value
- About the symmetry of the value brought by individuals
Money Supply and Relativity
- Money Density
- Growth
- Purchasing Power
Value Field
- Fundamental Equation of the Value Field
- The Value Field of Debt Money
- The value field of a local exchange trading system “LETS”
- The value field of non monetized production
- The Value Field of a Universal Dividend Economy
- The Forces in Place
On the Quantitative Money Theory
Psychological Resonance Principle. Bubbles are only a consequence of the asymmetrical monetary issuance
- Theoretical Development
- Experimental Verification
How to compare two economic zones?
- Numerical application:
How to set-up a currency based on a Universal Dividend?
- Simple approach
- Progressive approach, the European case
- Reflection on loans with interests
- Reflection on tax
Focus on History of money
- The Neolithic currencies, first dense currencies with uncontrolled inflation
- Metallic currencies, first currencies limiting inflation
- Roman Empire
- Golden and silver Spanish bubble
- The collapse to avoid : hoarding and deflation
- John Locke 1632 - 1704
- Fiat currencies, first expansionist currencies
- First fiat pyramids of centralized creation
- Thomas Paine 1737 – 1809
- Invention of regulated Leverage
- Clifford Hugh Douglas 1879 – 1952
- The instability of the reference value
- Complete abandonment of the gold standard, the fractional reserves
- Yoland Bresson, born in 1942
- 2010 and after : Bâle III, or symmetrical currencies ?
- Historic graph
- The Universal Dividend implemented
- The open project Open-UDC
Other bases of the Universal Dividend
- The Citizen condominium of the Currency Union
- Monetization of free value, voluntary, non-directly mercantile
- Neutrality of money
- Fundamental value of any economy
- Other arguments
License and Versionning
Sources
Acknowledgments
Previous editions
Appendix 1 : Comments about the four economic freedoms
Appendix 2: A mathematical summary of the RTM
- The 4 economic freedoms
- Principle of economic relativity
- Space-Time
- Free Money
- Quantitative
- Relative
- Initial asymmetries
- The 4 frames of reference
- Variations for a pseudo-autonomous individual
- Generalization and law of frame of reference change
- Variations of N and calculation of UD

RTM multi-format by Vincent Texier, forked from a project by Stéphane Klein.