Hello, Zig Forums, take a look at this idea I had.
Many people in the Third World suffer from food insecurity. A lot of times, they do have money, but it's worthless because their governments keep printing more and more of it.
According to Wikipedia, rice is the world's most popular staple food. It's especially popular in poor countries in Asia, Africa and Latin America. What if one of those poor countries abolished its currency and started using rice coupons instead?
My idea would work like this: >each rice company would print a set of coupons worth 1, 5, 10, 20, 50 and 100 kilograms of rice >each of those coupons must correspond exactly to the stated quantity of rice, no more, no less >money would be abolished and people would instead barter in rice coupons >e.g.: a taxi ride from the airport to city center would cost, say, 10 KGR (kilograms of rice) >the taxi driver would then go to the rice company's bureau and exchange his coupons for rice, to feed his family >there would be no monetary authority, the number of printed rice coupons in the society would be solely determined by producers and importers of rice >no matter how rice prices fluctuate, each family would have their work value stored in coupons that would, at least, ensure it is well fed
>Forcefully Centralizing food distribution >Bartering with a natural resource highly dependable on non predictable external influences I smell a communist and breadlines
>What happens if rice is lost or deteriorates (it got wet)? I don't know, to be fair. Is this common or likely when you store grain? Anyways, as long as not every currency holder tries to redeem his rice, the rice standard should be able to hold well.
There would be no monetary authority, the number of printed rice coupons in the society would be solely determined by producers and importers of rice.
Adam Perry
Do you realize that money is worthless because there's no fucking food in the first place
Cameron Price
Business owners would have to use money to purchase such tickets because the producers of rice would not exchange their product for what is a worthless ticket for them
Joseph Edwards
There is per your definition, it is the central committee of rice producer and importers that would viciously hunt every independent one to not lose a grip on the rice economy and use their power to try to plan every single aspect of society. You reinvented the reality of communism and made it feudal. And again, good luck planning the growth of rice, it's s natural resource not really able to predict droughts, over rainy times and simple animals and insects
The rice produces would become filthy rich because they would get money when they print the ticket and have to pay it back only when someone redeems the ticket
Dylan Diaz
>central committee of rice producer and importers There would be no committee whatsoever, everyone who has land would be free to try his luck at rice farming.
The rice companies could pay their employees, energy bills, etc with rice coupons.
Grayson Bailey
Thinkn bout them rices.
Ryan Cox
Then the coupons become futile, it would just be a bater economy, with a hyperinflationary asset if through some central entity you want to force people to use rice as legal tender. Or are they free to do a loaf of bread for a taxi right?
You should read Adam Smith and I would put the lecture of The bee fable by Mandeville on top. You are either very young, a troll or brainwashed to not have yet gotten the nature of exchanging goods and services among free man
Jackson Smith
Or worse. And in that case stop these more than questionable interviews, you are not gathering any useful data and angering people with really stupid questions. Honesty learn it!
Chase Taylor
>bater economy Yeah, pretty much. >with a hyperinflationary asset How is rice a hyperinflationary asset? By your logic, wouldn't fiat money be a hyperinflationary asset as well? >Or are they free to do a loaf of bread for a taxi right? Sure, if the taxi driver accepts the deal. However, bread cannot be legal tender in my example, because it is not durable enough, unlike rice.
Noah Perry
I'm sorry if you didn't like the idea. I'll try to come up with something better next time.
Jaxon Powell
No I'm out my suspicion was confirmed. Leave this board.
Eli Morris
>Leave this board. Why?
Mason Taylor
thats literally what they did and how the japanese candle chart got invented
Oliver Collins
Observe and learn, you are ruining your own data with this methodology
Or in our terms LURK MOAR FAGGOT
Christian Robinson
Why. Why the cancer asks. You are neither clever nor smart you are following a script. Just because the board is anonymous doesn't mean its perfect for first semester economic psychology experiments , you are intellectually insulting what you consider subjects.
Hudson Fisher
user tries to be forthcoming and assumes the thread wasn't made with a secondary goal in mind you dishonest fag. Take an ethics in science course or kys
Jonathan Ramirez
I don't know what you're talkong about. This is not an experiment nor am I a uni student. It's just a crazy hypothesis I've come up with and would like to discuss. Idk why's you get so offended by it.
Joseph Garcia
Kek, what kind of "science" do you think this thread is about?
