Thought experiment #1:
- Currency A - 30 % increasing money supply/year
- Currency B - 5 % increasing money supply/year
You're starting with the same thing that people chant like a mantra and think it's true.
Money printing doesn't always trigger inflation and inflation can happen without money printing:
https://www.aier.org/article/three-common-myths-about-money-and-inflation/Dumping 5000 quadrillions dollars n the street has no effect on inflation if everyone picks them up and buries them in the garden!
The rules are:
- We have an average income per capita. Everybody with an income higer than 0.7 of the average income per capita is just allowed to use currency A.
- We have an average income per capita. Everybody with an income lower than 0.7 of the average income per capita is just allowed to use currency B.
This is no longer socialism is pure economic genocidal madness. Oh wait, that's the definition of socialism.
- It is forbidden to exchange both currencies with each other.
What happens when B buys from A or the other way around?
All goods and services are pegged on the value (A+B)/2 ----- (Currency A plus Currency B divided by two)
Oh yeah, state-controlled prices with untradeable currencies, that worked wonders!
- Every year every person is rated on which currency the person can use.
Why not just shot the kulaks like in the last century? With no rich people around all your problems will be gone, right?
Well, now, that's a 2023-worthy idea!
Is this 2023 AD or BC?
Your enthusiasm reminds me of what went wrong in all those socialist countries, thinking of the poor so much they ended up making everyone dirt poor.