Contents
The project addresses one of the most vital issues of global society, the persistence of hunger in the most disadvantaged sections of society and the system's inability to eradicate it. It aims to raise awareness worldwide, with a change of mind , of the need to take a step forward in eradicating hunger , incorporating current economic system , the value of life as an economic resource trustee of wealth , ie its basic electronic cash equivalent.
To understand this process it is necessary to briefly review the evolution of the idea represented in its expression value as money and explain the mechanism by which you can implement in the
economic system:
Historically money was a commodity with intrinsic value and the coins were worth their weight in the molten metal. Coins containing a noble metal and its value was proportional to the amount of
metal. Over time, the coins were made with other metals ( non-noble ) but representing certain amount of gold or silver deposited in banks.
With the invention of paper, the first forms of bills that were certified by a certain amount of gold , " Gold Standard " . During the first half of the twentieth century, money was losing this
character and the support they had in gold ( 1971 ), to become an element of trust, no intrinsic value but with a legal value itself , which is as we know , also treated as "fiat" money.
Electronic money, ticket, currency, are counting numbers, bits of paper and metal alloys for themselves, little worth. Valen because its value is backed by the Issuing Bank. Today, the amount of
currency in circulation has to be equal to the value of gross domestic product (GDP), which the system uses to assess the monetary value and its ability to print money. Exceeding joint
equilibrium inequality cause inflation or deflation.
In this long way money has been losing its real value, preserving its value in use, as a tool for the exchange of products and services.
The function of money as a measure of value allows goods have a price. As a means of circulation allows the price to make. As capitalism develops, has been increasing capital accumulation. The
capitalist system led to changes in attitudes of men and these changes introduced a new function of money treasure the most money. The money has been spun becoming an end in itself. In this
sense, money loses one of its functions: to officiate as a means of circulation.
In fact, it is not even absolutely necessary physical presence of money for transactions. With electronic money, the tradeoffs between banks make money even among outstanding (debts are canceled
by a " clearing" bank).
The money has been detached from its role as a medium of circulation, but its necessity as a measure of value remains. Goods that are bought and sold still have a price expressed ideally.
In the function of money as means of circulation is apparent that it is absolutely necessary the effective presence of money but it can be replaced by the card or electronic payment, it fulfills
the same function : to allow the process is carried exchange.
Currently, the value of money is not backed by any specific asset so it is called fiat money (fiat). Coins and banknotes base their value on the existence of a counterpart in gold, silver or other precious metal, or intrinsic value, but simply in his statement as money by the state, and also the trust and confidence that inspires.
His assessment is given by the monetary authority issuing it, enjoying trust between individuals who accept it. Without this statement, the currency would have no value (eg La Peseta, Franc, the
Framework, the Lyre), fiat money would then be valuable as little pieces of paper that is printed.
The money is the result of a social contract where all accept delivery of goods or services to others in exchange for monetary symbols (notes, coins , bank notes , etc. . ). Currently the backing
of the money is in the amount of goods and services in GDP reflected population.
Given that, ultimately, the goods and services have a subjective value and can be exchanged for money, and that the value of money has been paid to the currency value and the ticket, as a result of a social contract , based on the acceptance opinion of its value, and that the presence of physical money is no longer essential to the electronic card, we can say that the foundation of all human values, social and economic potential is in life, first value of the other values, necessary condition for generating and value, and we can come to a social pact in which, while all agree that life has value, the right measure is the economic cost of living, reflected in the Basic Pattern Index.
There is a direct relationship between life and livelihood, expressed in the cost of survival as an economic yardstick (PB), translated in real terms. To overcome the shortcomings endemic to the
civilizations against destitution of man, can be a good tool for the system to consider the cost of living as the quantized value of life as a unique pattern of PB.
Thus, the value of life can be a egalitarian economic value, unit and just, if we want, we can support the value of electronic money for sustainable livelihoods as a use value that can be
transferred electronically to pay goods and services necessary for survival.
Having seen the evolution of the idea of value we explain the implementation mechanism of the value of life in:
Through any banking offices located throughout the world, citizens can access the money for subsistence use basic grocery shopping . You can avail with any electronic payment system, the right to
tax the value of life represented in the Certificate Basic Capital. This document enables a transfer line from the personal account of the new Basic Capital Fund BM Certificate
to the bank's grocer.
Citizens who do not have an account should approach the bank of your choice to formalize their rights, or the same banks will be interested in the new consumer approach to grasp as a customer,
and they will continue charging your electronic sales commissions.
The accounts of minors will be linked to the account of the parents, or their guardians. The person with the majority, acquire control of your balance. If desired, you can decide at any time to
add balance to the account of the family of coexistence, or happen to have an individual account.
To facilitate the purchase of the family or living situation, consider the set of World Bank accounts as a single core that everyone can use, with a single balance, resulting from the sum of the balances of all its members.
The limit of the balance of each account of subsistence BM is fixed on a monthly cap established in relation to the standard of living in each country . To set this cap will establish a daily
average of basic food expenditure per person reflected PB index.
Each day, the BM enter accounting numbers in each income recipient Capital Fund Basic Certificate, the amount stipulated dadiaria in each country to balance maximum monthly
limit. In no case shall exceed the monthly limit set for each account established in each country.
You will not need to go buy daily staples of the day as it may provide the total purchase balance on a monthly, weekly or daily , depending on the needs of each person, adjusting the balance.
If the holder exhausted your balance could not use the system until the next day that would have the daily income amount if not using is adding up to the maximum monthly ceiling.
Should an owner change his country, the characteristics of the account would be similar to those which are established. The balance of the account and your daily income will be adjusted to the
standard of living for each country.
Commodities will remain free competition, and will be the consumer who will side with the best quality and the best price. These are governed by the law of supply and demand, and controlled by
the State, as at present.
You need to create the application in time to pay the purchase commodities apart from the rest, so that with the same card from our bank or electronic payment system, you can pay the loading shopping spending staples BM 's account and the rest to the private bank account of the holder.
Buyer task will adjust to the balance purchase. All food products, basic or not, that exceed this margin will be paid with equity.
The daily income in the accounts of the Bank, subject to the ups and downs quarterly and annual Consumer Price Index (CPI ) of each country.
To reach fruition, the purchase payment is always made with the electronic system, and will continue the rigorous computer control the proper use of the system, so it can not be any type of fraud
, as happens today.
States may know with accuracy (thanks to the performance of the computer ) the amount of electronic money injected into the market and control inflation by removing, if necessary, accurate
capital taxes collected and / or raise interest rates, among other measures, such as is done today.
It is very easy to predict the need for food, so you can act in time if you have the financial resources.
To curb food speculation, the State may create new crop stocks and forecast supply needs funded by the Global Certificate Basic Capital managed by the WB.
Moreover, States may request the necessary capital BM this humanitarian fund to cover the welfare society (education, health... ) according to the needs of its citizens.