onetary stasis exists in a Cybernetic Economy

Money must Work to produce Value

If money is allowed to work, value will result in the form of services or products. Money that arises from speculation does not work prior to its reinvestment will cause local inflation and result in poor velocity, lowering it's contribution to GDP. The best monetary policy injects money into work, either in the public or private sector, resulting in improved velocity.

Money can be created and can be destroyed

Unlike Gold, money can be created and destroyed in a Cybernetic economy. Money creation is well known, as in deficit spending by the government, or in market speculation. In a cybernetic economy however, money can also be destroyed in order to normalize the currency value. Such oversupply is reinvestable in other economic domains where it is in shortage.

Cybernetics permit full monetary containment

In a cybernetic economy, money is fully contained within the electronic media, providing a closed system where any number of functions may be applied, either at the Individual, Local, National or International levels. Full containment implies that cash cards are used instead of paper circulant.

Cybernetics permit cross domain regulation

Full Cybernetic containment permits cross domain functions resulting in full over or under-supply regulation. No system exogenous information needs to be supplied by Individuals or Businesses, since full verification is possible in the cybernetic money base. The macro economy must use the same cycle as all of its components in order to synchronize social and business policy.

Inflation is micro-controllable

Inflation control is scaleable in Individual, Local, National and International scope. Individuals within the same locality can have varying excedents and shortages, as can localities within Nations, Nations within monetary Unions, and between World monetary Unions. In an ideal World, there is only one monetary Union.

Atlanta
March 15, 1996