The map is not the territory. Money that doesn't decay isn't representing something real. And when this happens someone ends up holding the bag.
Positive interest is beneficial to bankers.
Give this parable a read: http://www.altruists.org/f245
But you can also write the opposite parable:
Crusoe has finished planting his most fertile fields and is preparing to plant his remaining seed in the less fertile adjoining land when the stranger arrives.
S: I have found some excellent fields, too far from your home here to be of any use to you, but which will serve me well; and I need only some seed. I see you have some excess, which will be much more productive in my fields than in yours; might I borrow it, and easily repay after harvest?
RC: How much seed will you repay me, for each I lend you now?
S: One s...
I posted a stupid question a couple of weeks ago and got some good feedback.
@ChristianKl suggested that I start building a model of hypercapitalism for people to play with. I have the first one ready! It isn't quite to the point where people can start submitting bots to play in the economy, but I think it shows that the idea is worth more thought.
Analysis:
http://www.hypercapital.info/news/2015/4/19/a-published-model-of-hypercapitalism
Runnable Code - fork it and mess around with it:
http://runnable.com/VTBkszswv6lIdEFR/hypercapitalism-sample-economy-for-node-js-and-hello-world
I'd love some more feedback and opinions.
A couple of other things for context:
hypercapital.info - all about hypercapitalism
Overcoming bias about our money
Information Theory and the Economy