a percentage of these ideas are really old ideas,

the ideas are still here in case something can be done with it ...

new page

Econ AADB the way I understood it, was, the money created is backed by the promise of labor

any money made into coins is backed by the metal itself no matter what, am I right ?

anything of value, still can be traded today, am I right ?

you could say I will walk you dog for you, here I will give you a promissory note that says, " good for one dog walk ", during such and such hours until it expires, or you may decide it will never expire ... ???

( you may need to call owner each and every time you trade coupon to see if a phony or fake or the original had been redeemed, and place your name with the owner ... ??? )

well the first thing many people would say is ?

I don't need a dog walk ? some will say yes?

you knowing who would say, yes makes all the difference in the world ?

so how does that become economically good to you ?

it is all about trust ?

you may not need it, but someone may need it so

here is where the economic algebra comes in

of course there is a problem, counterfeiting ? could a coupon be protected with a password or something, if one person comes up to you for a dog walk then problem solved ?

if 10 people come up to you with copies of the original and it is impossible to tell the difference, which of the ten people has the original ?

which of the 10 people gets the dog walk, how do the other 9 people get back there labor for doing work with a counterfeit coupon ?

of course there is another problem, in each exchange you are suppose to pay tax to several government departments ... ???

city tax ? county tax ? State sales tax ? federal tax ? other taxes ?

if there was a way to pay tax to the government through your labor then maybe you could find a way to solve that as well ... ???

work for a third party company, who will pay the tax for you, for as many minutes as required to pay the tax ... ???

if you learn something valuable while you work to pay your taxes then maybe the circle of economics will be completed putting the government in the market instead of them being out of the market ... ???

http://www.youtube.com/watch?v=vVkFb26u9g8

any money with the serial number created from debt is backed by labor that will be done, is that right ... ???

any money with the serial number created from something of real value, is from labor that has already been accomplished, it is as good as a silver certificate, is the right ... ???

if that is true, then all money is backed by labor one way or another ... ???

of course if this is right, how do you find out if the serial number on the dollar you have was created by past time of labor already accomplished or future time of labor not yet completed, or does it really matter in algebraic economics  ???

the way I understood it, was, the money created is backed by the promise of labor, so the money is real unless something stalls the economy and people for some reason can't work, then the money becomes fictional only as long as the people for what ever reason can't help each other, when people can continue helping each other then the money becomes real again ???

that could be a good magic show, maybe ???

sounds like something out of star trek

however if the bank had property worth as much as they loaned out, then no matter what the property could be sold, and the money would then become real again, and the federal government would only need to loan a temporary loan until the bank was sold ... ???

there is another way, maybe the bank could help each person one at time to pay off there loans in less than 8 hours in some cases, and the person with the loan would agree to work an extra hour for the bank people to have food, shelter, and what not ... ???

http://www.MaGenieMagic.com/