Acrophob

Spermatozoon and egg cell don't have souls, whereas an organism born does. Thus, every creature is a living proof of God's essence. http://en.wikipedia.org/wiki/Categorical_imperative http://forum.objectivismonline.com/index.php?showtopic=27459&page=2

Editing function has disappeared, so I add my thoughts here. Inflation is a process when everybody loses. How's that? Usually in nature if somebody loses then somebody gains. People don't destroy money voluntarily. How come for generations mankind lost and lost and lost due to inflation? http://en.wikipedia.org/wiki/Jacque_Fresco http://en.wikipedia.org/wiki/2000s_energy_crisis http://en.wikipedia.org/wiki/Financial_crisis Here I paste all "ism"s I aggregated in my theory. :-) 1. Humanism 2. Socialism 3. Survivalism 4. Utopism 5. Futurism 6. Idealism I invite all of you to ponder about alternative vision of our life regulation.

Post Scriptum Imagine abstract country that suffers due to hyperinflation. For four years (2010-2014) inflation reached 100%. And now I have monetary units printed both in 2010 and 2014 on hand. Then what? Unit printed in 2010 equals 2 units printed in 2014?!! No! They are equally cheap. Their purchasing powers are equal. If inflation is a miscalculation then why deflation is almost a myth? There must be another interpretational equivalence for economic processes except monetary. Money emission that does not present economic activities is a mediated thievery (http://en.wikipedia.org/wiki/Seven_Laws_of_Noah) and inflation measures it. Refusal to accept state money is a state crime.

My thanks to everybody participated in this discussion. Last 2 points: 1. Human organism is like a factory with corresponding inputs and outputs. Why same industrial principles concerning profitability (or rentability) cannot be applied to a human body? 2. http://www.usinflationcalculator.com/ Personally to me this fact is similar to "A is not A" (A=/=A) statement.

Let me reconstruct the way I thought. Humans are energy transformers with their powers http://en.wikipedia.org/wiki/Power_(physics). Modifying equation for Gross output (http://en.wikipedia.org/wiki/Value_product) one can write: Input goods energy+Humans energy = Output goods energy So, surplus value is of energetical form. http://en.wikipedia.org/wiki/Surplus_value Humans labor energy = (Human power1)*(labor time)+(Human power2)*(leisure time)+(Human power3)*(sleep time); Human powers 1,2,3 can be calculated by medical measurements considering age, weight, job type, dietology etc. Provided we know how to express all input goods in Joules, we can get real value of output goods. For example, if we know price of one Joule and input goods' price, we can recalculate output goods' price (in monetary units). Then it is possible to compare actual prices with that obtained by energetical recalculation. May be this can be used in investments analysis. To be edited...

TYVM for your post! BTW, let me know your opinions, please. What is the price of one Joule? Every comment is welcome.

Good day, Forumers! I write from the library. That is why I can't reply quickly. I understand, my ideas are in philosophical plane and non-systemized. Now I will try to share them in MINIESSAY What is money? Money reflects "goods and services" (hereinafter "goods") produced by mankind. Money is an abstraction of things needed in some way. Marx used term "labor". "Goods" are capitalized "labor". I suggest term "energy". "Goods" are transformed "energy". I hope the expression "average price of a Joule" makes sense. Currency emission happens almost instantaneously compared to the production of "goods". This is where corruption occurs, because some people have easier (earlier) access to new money. And after that inflation stage comes, because amount of "goods" produced did not increase proportionally. Real cost of all things produced is energy. Energy pricing can be more transparent than cash pricing because it is known what Joule is. Therefore Energy should be a world currency.

Thank you very much, Harrison. I must confess: at the moment I do not know how to evaluate one portion of energy in money form. Initially, I thought about some averaged evaluation from different Economic spheres. Cost of Nuclear, Heat, Water, Oil, Wind (...) and even food Energy is known.

Dear, aleph_1! From Physical point of view your exmaple is a transformation of energy. In this process energy conservation law does not contain http://en.wikipedia.org/wiki/Use_value. You may consider my "theory" as introduction of http://en.wikipedia.org/wiki/Energy_conversion_efficiency into Economics.

Aleph_1, let me think for a while about your critics. I want to suggest invariant value of money = not like gold (different quality), labor (different measures) or food (different forms).

I chose Energy because 1. It is vital (Gold, bread etc...) 2. http://en.wikipedia.org/wiki/Physical_quantity is invariant in nature. So, I think energetical approach is more or less objective.

Many thanks to everybody replied! Let me clarify my ideas. Amount of Energy produced in any useful way can be computed in terms of "cash". Say, the value of one calorie (remember "bread index" and "hamburger index"?) in every country must be equal. And this is what really determines http://en.wikipedia.org/wiki/Exchange_rate . I utilize invariance idea from the Physics field. The truth is I do not know the methodology of this new Energy oriented Economics, but I hope this paradigm can considerably reduce inflation and corruption. AFAIU, energetical evaluation of currencies can demolish Forex speculations at all.

Hello everybody! Let me ask dummy questions! 1. Why is this ratio so critical: http://en.wikipedia.org/wiki/Debt-to-GDP_ratio ? http://en.wikipedia.org/wiki/List_of_countries_by_external_debt For example, Luxembourg's value is enormous... still.. there is no bankruptcy or something... 2. Can anybody suggest simplest way to compare countries' economies? Say, 3-4 ratios and their common sense, please. I also want to suggest alternative understanding of Economical Analysis! IMHO actual money on the planet is Energy. And its unit of measurement is Joule. http://en.wikipedia.org/wiki/Joule This is inspired by K. Marx (see his writings about Gold). Any comments are welcome.