Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site gymble.UUCP Path: utzoo!linus!philabs!cmcl2!seismo!umcp-cs!gymble!bennet From: bennet@gymble.UUCP (Tom Bennet) Newsgroups: net.bizarre Subject: New monitary system Message-ID: <205@gymble.UUCP> Date: Fri, 2-Aug-85 04:17:46 EDT Article-I.D.: gymble.205 Posted: Fri Aug 2 04:17:46 1985 Date-Received: Sat, 3-Aug-85 20:37:41 EDT Distribution: na Organization: U of Maryland, Laboratory for Parallel Computation, C.P., MD Lines: 36 A political proposition: Whenever one goes to make a purchase using several coins or bills, the value of the accumulation is taken to be the sum of the values of the bills. This seems rather arbitrary: why not take the *product* of those values. For instance, two $5 bills is worth $25, but ten $1 bills is only worth a dollar. This would have a number of very attractive advantages: 1. It would get rid of all those stupid pennies: A penny is hardly worth anything at all, but three of them would be worth $.000001. You'd be better off throwing two of them away; then you'd have $.01 and our great nation would contain two fewer pennies. Pretty soon, most of the pennies in the country would be thrown away. 2. It would promote charity: If I have a $5 bill and a quarter, I have $1.25. But if I give my quarter to someone who has nothing so he can buy a cup of coffee, he goes away with $.25 and I now have $5, so we both win! 3. New profit opportunities: Let's say I have a clucker car worth $1000, and a stereo system worth, say, $300. Well, under the new system I can sell both of them and then buy a $300,000 house. 4. It would help reduce long-term unemployment by encouraging people to change jobs frequently. For example: If I work 80 hours for company A at $10/hour, I get $800. But if I work for 40 hours for company A, quit, and work 40 hours for company B, I come out with $160,000 after collecting my checks from both companies. (Even if I can't find a new job after quitting at A, if I get $200 in unemployment insurance, I still come out with $80,000, provided, of course, that A isn't the government.) This would keep anyone from staying out of a job long. Clearly, there are a lot of advantages to this system over the current one, and the choice is arbitrary. Write your congresscreature today! -- ------------------------------------------------------------------------------- A balanced diet is important: one must | Tom Bennet @ U of MD Comp Sci Dept occasionally change pizza places. | ..!ihnp4!seismo!umcp-cs!gymble!bennet