- Restrict any illegal addition to the overall value of the money without adding any true value whatsoever into the economy, that is usually done through charging interests on lending or deposit; Valuing the invaluables such as buying time, wisdom, policy or politics that is other than the products involved in the exchange. Such practices will only reduce the value, or not devalue, all commodities that pose the true exchange value as products. (beware of the balancing nature of any imbalances)
- Fix its currency value towards other currencies (preferably to those which has already been fixed to another) as it only acts as a measurer that helps traders to denote the value of the products to be exchanged. as it contains no value in it. and the cost of procurement should only be incured to govt tax account.
- Restrict exchanging currencies with additional returns / charge whatsoever, and limit the exchange market to within government banks only. any cost incured during exchange should only be incured to govt tax account.
- Restrict overvaluing services that contributes very little to any line of production or consumption, as it will only create vague values, or in other words, reduce the definition of value. Somehow art or entertainment should be fall into this category.
- Protect the minds of the people. Why? Because it is the denominator that builds the perception of value. Good minds make good judgement.
- Charge taxes only on what the government could provide to creates additional value, such as in facilitating the trade.
Well, if everything sounds like it's only about products, producing and consuming and nothingelse, eventually I think that's what ideally our money should only concern. right?
God Knows Best, Walahu a'lam.
continue reading on How money is not what holds the value
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