Yin Yang Money

My best conceptual concept clarity usually seems to down on me Sunday mornings. Early.  Waking at 2 am with an idea that I have to start writing about.  It is Sunday and I woke at 1 am with this idea.  It must be a powerful one.

Ying Yang money!

Thanks to mar@physics.usyd.edu.au for the explanation of their Haifu Programming Language concept which I briefly mentioned in the preceding post to my blog.  The language is based on this logic:

The restrictive Western notions of true and false are not used. Instead, Haifu programmers must be aware of Yin and Yang. The programmer must concern him or herself with balancing Yin and Yang values throughout the program to achieve balance, since without balance the program will not run. Of course, if the programmer is one with the Tao balance will come effortlessly. 

The Yin Yang logic is as binary as the conceptual True and False logic representing the physical state of a computer circuit being on or off.   That is the  "Presence and Absence of a Thing"  binary proposition that computer science, the logic of the science and the combined structure of both the logic and the machine created for it to operate on are founded.  In this True and False proposition the Absence of a Thing's State of being is in fact a thing.

Yin and Yang and True and False are both binary but are perceived in different way.

Wikipedia describes them as follows:

Yin and yang are not opposing forces (dualities), but complementary forces, unseen (hidden, feminine) and seen (manifest, masculine), that interact to form a greater whole, as part of a dynamic system.

The nature of the logical difference between the two is:  Presence/Absence of a thing vs the Seen and Unseen thing.  In Presence/Absence the "Absent" thing has conceptual existence as a thing because it is not in existence it is in a state of non-being.  In Yin Yang there is no concept of absence creating existence but existence that is merely unseen by us.  While this might seem to be a subtle difference it is like a fork in the road and the road taken is chosen as a perception of reality determines where the road takes us as we diverge based on application of a chosen fundamental point of view.

The Presence/Absence thinking frame leads naturally to Asset/Liability thinking implementations where there is general preference to choose "Presence" as a positive state of being to be in as expressed by "Asset" and "Liability" a negative state to be avoided.  The conundrum of this mode of thinking is one cannot exist without the other and they are opposing conflicts taking on Right/Wrong characteristics in the social domain that attaches social value to the meaning of Asset and Liability.  Money Owned and Owed.  Creditor and Debtor.  Have and Have Not.

The Wikipedia description of Yin and Yang:

There is a perception (especially in the West) that yin and yang correspond to evil and good. However, in Daoist metaphysics, good/bad distinctions and other dichotomous moral judgments are perceptual and not real, and yin-yang is an indivisible whole.

Applying Yin and Yang thinking to money develops perceptions of money that interacts to form a greater whole.  That greater whole is seen as National Debt based on our way of thinking.  National Debt as seen by application of Yin and Yang perception is the complementary forces of National Debt equal to National Savings.  The view presented presented by Stephanie Kelton expressing MMT theories of money as I examined and discussed in this post.

How does this newly perceived idea of Yin and Yang apply to my concepts of money?

My concept is a structure of money based on the digital dollar.  A conceptual unit of money existing as a computer record assigned a unique serial number for every dollar and these dollars exist forever "owned" by whatever financial entity has their identity associated with it.  The aggregation of all unit dollars associated with a single "owning" entity is equal to the sum of dollars expressed by the money account of the owner as the on hand balance.

The Yin and Yang aspects of my digital dollar monetary system are:

 Digital dollars existing on one hand as unique serialized units each with a value of one dollar that sum up to all digital dollars in the medium of exchange money supply.

and:

The sum of digital dollars in each owner's cash account the total of all account sums equaling all the digital dollars in the medium of exchange money supply.

The relatively unseen aspect of the digital dollar is its existence of a unique serialized dollar unit.  The seen aspect is the total sum of digital dollars in the cash account of an owner.

These two "complementary forces, unseen (hidden, feminine) and seen (manifest, masculine), that interact to form a greater whole, as part of a dynamic system."

Two hours to produce this....back to bed! I got it written before I forget what I was ging to write.