Our National Debt is equal to our Money Supply, to the penny.
If all the digital dollars in our money supply were each uniquely serialized there is a corresponding digital dollar on our debt side of the balance sheet that could be uniquely serialized as an asset dollar.
If each debt dollar in the money supply was uniquely serialized and associated with the holder of the debt as an asset then it would be possible to know exactly who holds the debt that is money supply on the single dollar basis as well as the gross aggregate total.
Debt and its related asset is rolled over when its time comes.
Unique digitized dollar serial numbers can be recycled to new debt issues as they are made plus new serial numbers applied to increasing the debt level.
As a result, not only the accounts balance but the dollars on each side relate directly to each other. A single serial number could be used with an asset or debt identifier.
Just an interesting thought for what it is worth.
I should digitize and serialize my thoughts.
Isn't that what I am doing?
If my thoughts were digitized serialized objects like money then who would hold the asset side of my debt? Or, who would hold the debt side of my asset?
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