Two monthly dividends for all

"happi"money versus "happi"cash

"Happi"money  and "happi"cash are both monthly dividends paid equally to all hereditors - that's us! 

They are both tax-free, interest-free, debt-free and means-test free. They are without strings attached - we may spend them as we wish.

Those who wish to opt out, may do so, with acclaim.

The fundamental differences are these:

"Happi"money is "new" money created out of thin air.  It increases the amount of money in circulation. 
It is distributed equally to all hereditors who, in turn, "inject" it into the economy.

"Happi"cash is "old" money - "unhappi"money -  that is already in circulation. It does not increase the real money supply.  

In today's world, the money supply appears to increase because banks "create" new money in the form of debt. They lend money they don't have but expect to be paid back in real money. As they don't create any money to pay their interest, the money supply seems to be increasing. Why?  Because repayments of existing loans are made from other people's new borrowings that are circulated into the market and eventually land up in the pockets of "old" borrowers who are then able to "repay" their loans.

HAPPIMONEY AS IN "THE MONEY SUPPLY"

"Happi"money is a monthly increase in the permanent money supply.  It is created out of thin air at virtually no cost. Once created it stays created. So the permanent money supply is increased accordingly. It is fully, or partially, backed by the nation's widget wealth (physical things that can be exchanged).

The amount of the monthly increase is fixed by an independent body such as the HED (Hereditors Reserve). It is fixed , as an annual percentage of the existing money supply: 2%, 3%, 4% or whatever, after taking into account the estimated growth rate of the net asset value of the nation's widget wealth and other factors as necessary.

The money supply figures and future increases are totally transparent for all to see. Producers, consumers and other deciders can make their own economic decisions accordingly.

"Happi"money is the hallmark by which a country is deemed to have become a "happi"ocracy. It is the equivalent of the "free and fair elections" by which a country is deemed to be a democracy.

HAPPICASH AS IN "CASH, NOT KIND"

"happi"cash is a residual.

It is what's left over from Federal Revenue after deducting Federal Expenses. This balance, this residual, is distributed equally to all of a "happi"ocracy's hereditors - that's us. 

Federal Expenses are subject to the rule of "happi"law.  "Happi"bills are judged by randomly selected anonymous jurors with the mandate to pass only those bills that minimize government-induced unhappiness, particularly of the MOO (the Minority-Of-One).

As we-the-people are the jurors and as we-the-people get bigger "happi"cash dividends when Federal Expenses are lower, it is to be expected that Federal Expenses will tend to be lower than might otherwise be the case.

In a nutshell, the fewer laws we pass, the bigger the residual, and the bigger our "happi"cash dividends. 

In "Happi"opia - a fully developed "happi"ocracy - all transfer payments are abolished - together with their associated overheads - and divvied out equally to hereditors as "happi"cash dividends.  As the hitherto overhead expenses are included in "happi"cash dividends, we-the-people get greater value from "happi"cash than we previously got from transfer payments.

The net effect of "happi"money and "happi"cash dividends is that we-the-people get richer and richer until we can decide whether to work or not. Most of us do work. But the fact that we've got the freedom to choose, is a political first. 

"Work", by the way, means different things to different people. When you pay a taxi driver to take your kids to school, it's work for the taxi driver and his income boosts the GDP.  When you drive your own kids to school, it is a pleasure. The GDP stays in the doldrums.

Likewise with nursing at a hospital and nursing at home; cooking in a restaurant and cooking at home; gardening for another and gardening at home.

The list is endless. When an activity is paid for, it is "work".  When it isn't, it isn't.

Gross Domestic Product figures were only ever supposed to measure paid activity in the economy. They were not intended to be a measure of economic growth. The fact that they are, is one reason the economists sometimes get their forecasts wrong!

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