On Wed, 20 May 2020 at 00:33, Kerim Aydin via agora-discussion <agora-discussion@agoranomic.org> wrote: > On 5/19/2020 5:08 PM, Aris Merchant via agora-discussion wrote: > > My biggest concern here is that the budgets will get set wrong, we'll > > run out of money for something important half way through the quarter, > > and then suddenly there will be no pay for officers or judges or > > whatever for the rest of the quarter. If that happens in a month, the > > problem lasts a few weeks tops. > > Somehow I missed the part where judges and officers were paid from a fixed > funding pot - that was in the preamble not the proposal itself? I'm > afraid this has reminded me of how bad the 2017 system was (the shiny > system) and I think has convinced me that I won't vote for any version > that has artificial limitation of our global base currency supply. > Limitation of things you buy with it (sets of cards etc.) fine, like > commodities. Taxes to encourage general spending, fine. But fiat > currency exists for a reason and zero-sum doesn't seem like a great idea. > I might be able to be convinced, but it didn't work last time. > > -G.
What about something in between? A singleton Weekly Budget switch, which can be flipped with X Agoran Consent, limits the number of Coins that are created each week. That way, we still get to play with limitations on the economy (we could even aspire to operate with a Weekly Budget of 0) but it would only take a week or so to get money flowing if funds dry up. I think this would be compatible with Aris's budgets proposal: just say that the created Coins are granted to Agora. An alternative to the Weekly Budget would be to allow the Treasuror to grant Coins to Agora with X Agoran Consent. This would be annoying to do on a regular basis, but would make sense if we're aiming for a closed economy, since by default it does nothing, and it makes rescuing a closed economy faster (we wouldn't need to wait for the next automatic payout from the Weekly Budget). - Falsifian
