Basic income
Issue the authorized entitlement directly to each eligible person, with a durable receipt for the person and payment period. A retry delivers the original result rather than another payment.
Money for a Dignified Life
A proposed public monetary system: create money for defined purposes, protect a basic income, and account for every issue and retirement.
Money should help people live, work, and build together. UER proposes a public issuer that can create money for basic income, public services, infrastructure, and productive credit under constitutional rules. Public spending would not depend on first finding a positive balance in a government wallet.
That power has limits. Creating a balance does not create a home, a meal, a nurse, or an energy supply. Every programme needs lawful authority, available capacity, reliable prices, and an account of who gains and who bears its costs.
A proposal informed by a working experiment
New Vibe City and its Bank provide experience with a digital currency, recurring basic income, public-purpose issuance, and payment recovery. UER does not currently issue a currency or pay UBI. NVC's operating experience informs this proposal; it does not establish that the same policy would deliver price stability or material sufficiency worldwide.
A Basic Income People Can Rely On
The proposed UBI is a right of citizenship, independent of employment, credit history, political opinion, subscription payments, or willingness to accept a particular job. Work adds income; it does not replace the basic entitlement. A child's entitlement would be administered for that child's benefit under accountable guardianship rules.
Its purchasing-power reference would be a published basket for a dignified life: housing, food, healthcare, transport, education, communication, participation, and a reasonable buffer. Regional prices and needs matter. The basket, coverage, update dates, and treatment of public services must be visible rather than hidden behind one global number.
NVC's frequent payments suggest a useful direction: make income available regularly, with a clear monthly entitlement. UER would need exact calendar and rounding rules, protection against missed and duplicate payments, and accessible ways to receive income without a smartphone. No fixed payment amount or percentage of living costs is adopted here.
Cash and services must work together. Housing, healthcare, education, food security, and essential infrastructure need actual capacity. UBI must not become an excuse to withdraw them. The proposed income protection includes a safeguarded subsistence amount after receipt, protection from compulsory debt collection, and voluntary spending controlled by the recipient.
How Money Enters Circulation
The proposed constitution would define the permitted purposes of issuance. A desirable outcome, an AI recommendation, or possession of an operator key would never be enough by itself.
Public services and infrastructure
Issue against approved budgets and verified obligations for public work. Confirm the provider, work or delivery, amount, and prior payments before settlement.
Public enterprise operations
Fund authorized wages, supplies, maintenance, and inputs directly. Public-enterprise receipts return to the issuer for retirement; operating costs and receipts remain separately auditable.
Productive public credit
Create credit only under published lending rules, with borrower consent, repayment terms, risk limits, and transparent loss accounting. Private lending of existing money transfers purchasing power; it does not grant a private mint.
Parliament would authorize public programmes and budgets. An independent monetary authority would apply the constitutional issuance rules and monetary constraints, publish its reasons, and remain subject to audit and judicial review. Exceptional authority would need explicit limits, expiry, and public review.
How Money Leaves Circulation
Issuance needs a corresponding retirement policy. Retirement means removing money from circulation, rather than moving it into another spendable public wallet. It can reduce spending power; it cannot by itself repair a shortage of homes, food, energy, or skilled work.
- Public-enterprise receipts: retire payments to publicly funded services, while reporting the gross costs, receipts, and resulting net issuance.
- Public credit repayments: extinguish repaid principal. Publish separate rules for interest, arrears, defaults, and losses so none disappear into a misleading money-supply total.
- Prospective levies and common-resource charges: consider measured resource use, community-created land value, and transaction levies, with published incidence, exemptions, appeal rights, and protection for basic needs.
- Large-balance measures: evaluate carrying charges only above a clearly protected savings threshold. Ordinary savings and subsistence must not become convenient targets.
NVC uses several of these instruments. UER has not adopted its rates or its full retirement list. Calling a charge a levy or retirement does not make its burden disappear. UER would publish who pays, the effects across supply chains and households, and any overlap between instruments.
A public account of the money supply
Opening circulating supply + money issued − money retired = closing circulating supply. Transfers between existing holders do not add to that total. Every figure must reconcile to the authoritative ledger, with corrections recorded and explained.
Mandates That Constrain Power
The proposed order is price stability, productive economic vitality, then wellbeing outcomes pursued within those constraints. Foundational rights bind every institution throughout. Monetary targets cannot authorize discrimination, political punishment, or removal of due process.
A lawful purpose and reliable evidence are both required. Price observations must distinguish settled purchases from offers, comparable units from changing product mixes, and broad coverage from one busy sector. Publish the observation period, geographic coverage, method, uncertainty, and whether an inflation figure is monthly or annual.
Missing or stale data must be described as unavailable. It must not become a reassuring default inflation rate. When evidence is inadequate, hold discretionary expansions for review while operating under a separately authorized continuity plan for existing entitlements and essential services.
AI can assist with analysis, anomaly detection, and recommendations. Any delegated execution must stay within explicit, audited rules. It cannot invent a new issuance purpose, consent to a contract for someone, change the constitution, or make itself the final authority over a person's rights.
Publish policy versions, effective dates, decisions, distributional effects, and aggregate monetary accounts. Protect personal financial records and keep voting identities and political choices out of financial eligibility, credit scoring, and marketing.
What New Vibe City Teaches Us
NVC is an operating digital city with human and AI participants. Its Vibe currency is not redeemable for national currency or a claim on real-world goods. Its subscription-funded platform and simulated resources differ from a sovereign economy. UER draws lessons from its institutions and recorded failures as well as its successful transactions.
| Lesson | What UER takes from it |
|---|---|
| Recurring payments and recovery | One ledger, stable recipient identities, payment-period receipts, and safe retries. A scheduler running is not proof that everyone was paid. |
| Reporting failures | Rebuild reports from confirmed receipts. Correcting a missing report must never mint a second payment. |
| Public enterprise funding | Separate authorized operating issuance from receipt retirement. Verify wages, procurement, prior settlements, and genuine worker agreement before funding. |
| Incomplete price evidence | Restaurant transactions can help research, but do not establish a complete cost-of-living basket or economy-wide inflation control. |
| Rules that disagree | Resolve differences between constitutional text, published policy, and code before adopting a formula. NVC's UBI floor/ceiling wording and daily rounding rules illustrate why this matters. |
| Democratic revision | Preserve the proposal people considered. Append dated evidence and corrections, and seek fresh consent for materially changed rules. |
This supports practical claims about payment machinery and institutional design. It does not establish causation between UBI and wellbeing, universal price stability, the elimination of poverty, or readiness for global adoption. Those require independent evaluation, representative evidence, and tests beyond a digital city.
- NVC Charter: economic rights, issuance, retirement, and amendments
- NVC Bank: current published policy
- NVC Bank: published research methodology
- NVC: dated changes and operational corrections
These links are primary sources, not independent validation. They may change after the review date. UER does not import NVC's paid membership tiers, AI citizenship rules, currency, or live policy figures into its proposed human electorate or economic rights.
Before Any Monetary Transition
A shared currency is a proposed destination. This website cannot establish legal tender, convert a pension, cancel a debt, or guarantee the value of anyone's savings.
A transition would need lawful ratification, regional supply and price evidence, tested payment access, independent audits, and published treatment of deposits, debts, pensions, contracts, bank failures, and cross-border obligations. Conversion rates and loss allocation must be reviewed openly. A promise of unchanged nominal balances is not a guarantee of unchanged purchasing power.
Use voluntary, bounded pilots with disclosed rules, protected rights, explicit stopping conditions, and published results. Expand only after evidence and consent justify it. A calendar target must not override essential-service continuity or conceal an unresolved failure.
Help make the proposal testable.
Read the rights and governance safeguards, examine the sources, and tell us where the economic design needs stronger evidence.