GDP Index Economy summary: Thomas Edison and Henry Ford proposed a currency based on a basket of crop commodities because Edison felt that crops held their value over time - enter climate change reality and the merits of this view are self evident.
Later in the 1990's, Belgian Economist Bernard Litaer proposed a commodity based TRC Trade Reference Currency based on demurrage charges to support logistics of goods moved from supplier to consumer called the TERRA TRC.
TERRA TRC Trade Reference Currency
Prior to his passing, Nobel Price winning economist Milton Friedman described an "economic heartbeat" in his K% rule where the Treasury increases the money supply increases and decreases pegged to the GDP index. Nations / the world's economy would be managed as a composite value index similar to for example, Vanguard's index funds, commodity index funds. The roll of of the value of the goods, commodities that comprise this index can be performed reusing DARPA / NATO's Battlefield Digitization, Net Enabled Operations NEO procedures that support the Pentagon's digital dashboards.
NIST’s Quantum Random Number / Time Beacons for programmable $$
We can synchronize ourselves, our cities, towns, cyber-communities in time — space for a common purpose: shared, common, ecologically sound, equitable… econometrics for the global programmable economy.
Programmable #money /#economy… gold, #Bitcoin as “digital gold” — fool’s #gold? How will programmable money for the programmable economy be coded? A one world #currency needs a stochastically harmonized, synchronized Universal Time Zone UTZ / eventbus
Github: http://github.com/Beacon-Heart
Medium Article: GDP Index Economy - It's TIME:
https://medium.com/@heart.beacon.cycle/eco-sustainable-economic-heartbeat-43e4e30246da
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