Breaking News, straight from my Wild imagination…
I “had” nothing new to write, until my Wild imagination started up again…
I’m not sure when the Announcement will be made, but I see President Trump suspending any and all interest (rental fees) on existing Federal Reserve Notes…
Anyway…
These days, few people have anything new or original to write…
Somehow, I was able to come up with a Monetary System that ranges from One Electronic Decimal Cent to a One Ounce $100 Gold Coin…
The Monetary System our Representatives in Congress came up with had a range from a Copper Half Cent to a $10 Gold Coin…
Half Cents became a thing of the Past while $20 Double Eagle were added…
We were also talked into using confusing Weights and Face Value Measurements for our Silver and Gold Coins…
I personally feel that “We the People” were “Bamboozled” by Agents working on behalf of Bank Owners…
I have to believe they were very convincing, as they explained the details of their Monetary System…
I’m only guessing they picked a $10 Gold Eagle, because everyone knew how to count to 10…
This option was probably picked because people would be able to use their fingers to add and subtract…
Again, I’m only guessing…
What should have been used could have had a range from One Cent to One Hundred Dollars…
The Weights of the Silver and Gold Coins should have been 1/10 ounce, 1/5 ounce, 1/2 ounce and 1 ounce…
We missed our chance of having a Stable Monetary System for the past 233 years…
I figure we can still start over by doing a Reset, by correcting our past mistakes…
I personally see it as an easy fix…
Let me know if you think I’m onto something…
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Still chewing on that ladder idea, tying coins to 1 tenth 1 fifth 1 half and 1 ounce is clean and it would stop teh confusing mismatch between weights and face value in the books. From an accountant view, a tiny electronic cent below one cent can smooth pricing and rounding for bulk settlement, so vendors do not eat dust on fractions. If face values map to weight in a simple ladder, accounting and cash flow calcs become boring in a good way, my acccounts would thank me. The bit about people choosing ten because of fingers made me chuckle, and your right that simplicity wins in daily transactions :)
In the Motion Picture Industry, payroll is calculated in Military Time plus tenths of an hour, due to all the overtime… Every 6 minutes is 1/10 hour…
Exactly. Decimal time fits payroll neatly, 6 minutes per tenth keeps overtime calcualtions clean and cuts rounding fights. It mirrors the money ladder idea too, base 10 all the way makes totals and rates line up, and you dont need to juggle odd fractions :). In practice, 7h 36m becomes 7.6 hours and at 40 an hour thats' 304, done.
Film Crews don’t work regular hours when on location… There’s a lot of overtime involved…
Yep, location shoots are messy, crews dont run standard shifts, lots of o;vertime and complex penalties.
Decimal time keeps it clean for time and and half, double time, like 12h48m becomes 12.8 so base for 8.0 then 4.0 at 1.5x and the last 0.8 at 2x.
Would your value ladder include sub cent units so these splits pay out exactly with no rounding fights :)?
I haven’t gone too deep into figuring payroll, but I’m sure it will be fine to round to the closest Decimal Cent… A Decimal Cent will be the same as what a Penny is today…
(These days, few people have anything new or original to write…) Look at this post, I even thought about dedicating it to you, but I left it like that.
https://hive.blog/hive-150015/@lupega/majestic-brave-and-dominant
Do you think President Trump will suspend interest payments on Fiat USD’s (Federal Reserve Notes)…???
President Trump is somewhat fickle, and he combines that with his arrogance, so I'm not going to risk giving an answer.
I wish you a happy weekend.