Biden vs. Trump vs. Kennedy:
MMT (Modern Monetary Theory) i.e., Deficit Myth is over and RMT (ReEncryption Monetary Theory) with self-stabilizing property against inflation is coming up as major issue in the 2024 Presidential Election due to a deeper solution to win than Bitcoin .
If money supply increases at the same rate as real output, the prices will stay the same, meaning that ReEncryption real output-based money supply does't cause inflation.
Here's how you can win by election promise, that is monthly US$1,600/citizen for basic income and how you can secure sustainably the financial resource without issuing sovereign bonds and without increasing tax.
Seigniorage-generating ReEncryption Currency (REC) makes government's deficit into citizen's surplus.
Awaiting your contact.
Deeper Solution to win:
Typical marginal cost (MC) curve overlaid with marginal revenue (MR) goes up but ReEncryption makes the marginal cost into zero when ReEncryption transforms runtimely data consumption into data re-production as real output. Hence, ReEncryption Currency (REC) as money supply is born from the Zero, and its seigniorage as profit remains with individuals who can use it as financial resources for basic capital and basic income without issuing sovereign bonds and without increasing tax.
The Basic Model:
If a government provides copyrighted code/data worth monthly US$2,000 per user assuming population of 100 million, ReEncryption transforms runtimely code/data consumption worth US$2,000 into code/data re-production as real output worth US$2,000, while transforming zero marginal cost worth US$2,000 into ReEncryption Currency (REC) as money supply worth US$2,000. Hence, the government will receive REC worth monthly US$40 billion and yearly US$480 billion as secondary use fee 20%, individual user will receive REC worth monthly US$1,600 and yearly US$19,200 as seigniorage (profit) 80% and users as a whole will receive REC worth monthly US$160 billion and yearly US$1.92 trillion that can be used as financial resources for basic capital (e.g. startup, investment) and basic income (e.g. social security, social welfare).
AI Worklord:
The code/data means the AI worklord of the entire currency issuance system, that is, if a government provides the code/data worth US$ 2,000 per month per user as a public work project, each user sequentially purchases code/data for US$2,000, consumes it, reproduces it and resells it for US$2,000. In the process between consumption and reproduction, US$ 2,000 of currency is generated from zero marginal cost and its 80% i.e., US$1,600 as seigniorage is transfered directly to user's bank account. The 20% i.e. US$400 as 2ndary use fee is paid to government.
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