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"action": 59, "target": "Fundamental Equation of the Value Field", "id": 8765, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8765/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6793/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.872639Z", "action": 59, "target": "Considering what has been previously established, we have on every point “x” of the economic space and at a time “t”, a production Cx, associated to a price Px, as well as a flow of incoming or outgoing production (positive or negative) Cfx associated to a price Pfx, together with a created money on X dMx and a flow of incoming or outgoing money (positive or negative) dMfx.", "id": 8766, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8766/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6795/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.872767Z", "action": 59, "target": "In the case where the money represents exactly the produced or exchanged value we have:", "id": 8767, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8767/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6797/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.872888Z", "action": 59, "target": "", "id": 8768, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8768/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6799/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.873028Z", "action": 59, "target": "But as otherwise this equality is true only exceptionally during immediate exchanges or productions, we call J the field which is generally different from zero, defined on every point “x” of the economic space-time, by:", "id": 8769, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8769/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6801/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.873158Z", "action": 59, "target": "", "id": 8770, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8770/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6803/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.873278Z", "action": 59, "target": "dMx represents the Universal Dividend, Px × dCx the potential of individual value (the economic innovation share of each individual), while dMfx represents the local flow of the pre-existent money supply, and Pfx × Cfx the local flow of exchanges (positive if it increases, negative if it decreases).", "id": 8771, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8771/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6805/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.873409Z", "action": 59, "target": "The differential value field is dynamic, evolves in time, and measures thus at each point of the economic space, the differential of created money and of the value created by the individual “x”, added to the part of money and the global circulating value to the “x” point.", "id": 8772, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8772/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6807/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.873548Z", "action": 59, "target": "The resulting field of its integration “J(t)” will show positive bumps where we will find surplus of money compared to the local potential worth of the effective production of goods and services. On the other hand, it will be hollow where the local potential worth of production exceeds the quantity of money present. This quantity can be negative if there is emission of debt.", "id": 8773, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8773/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6809/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.873676Z", "action": 59, "target": "Example of field for an economic zone including an area of monetary excess shown by a bump, and a zone where there is a production of value associated with a monetary scarcity represented by a hollow, the rest of the area being balanced.", "id": 8774, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8774/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6812/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.873769Z", "action": 59, "target": "Economic value is relative to the observer who is measuring it (to the actors who are exchanging it), so we should talk about “local potential worth of production” rather than “absolute value” that would be recognized by all the actors of the economy, which doesn't make any sense in the “Relative Theory of Money”.", "id": 8775, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8775/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6816/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.873836Z", "action": 59, "target": "If these two are are slightly isolated within the economic zone, and produce the same goods and services, there will be high prices in one and low prices in the other, only because of this distribution of monetary density inside this economic zone.", "id": 8776, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8776/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6819/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.873900Z", "action": 59, "target": "*Spatial variations of the value field (Luc Fievet RTM 2.0)*", "id": 8777, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8777/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6823/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.873961Z", "action": 59, "target": "*NB: Yoland Bresson defines the value field like*", "id": 8778, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8778/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6826/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.874073Z", "action": 59, "target": "", "id": 8779, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8779/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6830/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.874186Z", "action": 59, "target": "*where K represents the time standard (the Universal Dividend), M the money supply, P the production and C the economic exchanges. The value field is then without any dimension. Both definitions are very close, because they are based on the same values, and both taking into account the local and global measure inside a differential equation. I distinguish, in order to be more precise, the production from the money created locally and the one exchanged.*", "id": 8780, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8780/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6834/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.883667Z", "action": 59, "target": "The Value Field of Debt Money", "id": 8781, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8781/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6836/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.883810Z", "action": 59, "target": "This definition of the value field helps us to picture the evolution of economies based on the debt money system. The banking emitting center creates some debt money that will, then, diffuse little by little inside the economic zone till its edges.", "id": 8782, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8782/?format=api" }, { "unit": "https://weblate.duniter.org/api/units/6840/?format=api", "component": "https://weblate.duniter.org/api/components/trm/champ-de-valeur/?format=api", "translation": "https://weblate.duniter.org/api/translations/trm/champ-de-valeur/en_US/?format=api", "user": null, "author": null, "timestamp": "2023-02-01T13:10:47.883879Z", "action": 59, "target": "The initial issue of debt is profitable to a first circle of economic actors such as banks, states (big consumers of debt money), and big companies. These actors consume most of this unilateral creation of credit. This sudden and centralized money issue will slowly depreciate the existing money available in the rest of the economic zone while it diffuses into it.", "id": 8783, "action_name": "String updated in the repository", "url": "https://weblate.duniter.org/api/changes/8783/?format=api" } ] }