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ISSN: 3049-7159 | Open Access

Journal of Business and Econometrics Studies

Volume : 1 Issue : 6

To the Question of Planetary Money

Mykhailo Govorukha

ABSTRACT
The on the basis of a single physiological bioenergetic constant for all adult inhabitant of the planet Earth. It is equal to the daily physiological energy needs of an adult and is 3000 kCalories (12550 kJ; 3,48 kWh). This amount of energy is retained (stored) by 1 kg of grain wheat (3030 kCal - 1 kg of rice) in the of a potential chemical reaction of “burning” carbon with oxygen. The name of national currencies is preserved and each of them has its own national bioenergy equivalent. The introduction of such money into the planetary economy would ensure peace and Tranquility on the planet and, of course, economic stability.

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