<There would only be one human being paid exactly 1Q. The next one up would be paid Q1.0000000001 and the next one down Q0.99999999999 [approximately]. >
Actually, Mq, you are confusing yourself now.
Hordes and hordes of people would be paid Q1.00. In fact, that would be the most common pay rate of all. That's because the median is the point around which most people cluster. It's normally a very average person [to confuse things by abusing more statistical terms].
What you were trying to say was that if the median person's pay slipped up to 1.01 an hour [people would probably not be paid down to 4 significant figures per hour, such as 1.003] there would need to be some adjustment in the supply of Q to bring it back to Q1.00. The good old unpopular tightening.
You'd have trouble keeping the median exactly on 1.00 per hour. When a depression or recession happens, the median pay rate would probably drop quite quickly to 0.99, which would necessitate a quick printing of money and issuing of a q or two to each of the current holders of a Q. That would create more demand and increase production because they could go shopping.
Simultaneously, interest rates on Q loaned by the company would be lowered to increase demand for borrowings to give a boost to the economy.
So the Q holders would have more q in their pockets [in their cyberphone in their pocket]. Which would counteract the loss of interest they might have been earning if they'd loaned their Q to somebody else.
It's a good idea to use the median rather than the average, because a few super-paid people could distort the economic position of what matters, which is the horde of people in the middle.
There is something magical about the middle person. The median measurement leaves them with their identity. albeit in good company with a large crowd of others. If averaged, the whole human bundle is just squished into one big mass and divided into equal portions, which is messy and has implications of collectivism and subsumed individuality which is the antithesis of the expression of the free wills of the buyer and seller of time, which the Q represents.
Everyone would want to be paid more than Q1.00 - it would be a bit of a status and achievement thing. It would be a perpetual reminder of your place in the economic rat race. It would give some incentive to be earning 2Q and hour. People might like to buy jewelery in the shape of 2Q. I can imagine nose rings, in gold, in the shape 3Q. I suspect there might be some inflation in such jewelery.
Mqurice |
