2. Origin and Concept
3. Primary Principle
4. Operative Principle
5. Scope and Application
6. Concept of Profit & Loss
In this century's mushrooming economics, recession has become the common denominator. This scenario has been brought about by the number zero, which is the only number in the numeric system having neither a positive nor a negative value. Instead, it represents the boundary between the negative and the positive numbers. And yet, without the zero, there would been have been no economics, and humanity would not have got itself divided into the geographic colors of wealth, poverty and foreclosures.
If such is the power of zero in its zeroic form, the obvious question becomes: How much more greater might its power be if it were simply given a numeric value? This question, led to the concept and Principles of Zerometrics
Zerometrics is a system of economics in which, the number zero is raised to the power of-1. This numeric value is variable, and its impact on inflation is subject to the value it is attributed, from a conservative value of z=0-0.10 to a more objective value of z=0-1, or higher.
However, for mathematical ease and comprehension, the numeric power of -1 is herein attributed to zerometrics. This numeric power of -1 is called the zerometric value, and its impact on inflation is called the zerometric contribution.
2. ORIGIN AND CONCEPT
In the real number system, zero is the only number which is neither negative nor positive. Instead, it represents the boundary between the negative and the positive numbers. And yet, without the zero, there would have been no economics; and humanity would not have got itself divided into the geographic colors of wealth, poverty, and foreclosures.
If such is the power of zero in its zeroic form, how much more greater might its power be if it were simply to be given a numeric value?
This question, led to the concept of zerometrics.
3. PRIMARY PRINCIPLE
z = 0-1
where z stands for zero.
In any numeric unit not less than 10, the projected zerometric output is -1. Or, where $10.00 in the existing system of economics would have the numeric equivalent or value of $10.00, in zerometrics (where z = 0-1 or less ), it would have the zerometric value of $9.00. Or, where $100.00 would have the numeric equivalent or value of $100.00, in zerometrics (where z = 0-1), it would have the zerometric value of $98.00.
4. OPERATIVE PRINCIPLE
Since economics is not a dialogue of zeroes, the functions of zerometrics would stand nullified if it were strictly confined to identifying itself with zero, and thereafter, attributing to each zero the zerometric value of -1. For instance, in a numeric situation of $901.78, or $999.99, there is no scope for zerometrics as there would have been if the situation were $900.00, or $9,000.00.
The operative principle of zerometrics can thus be functional if it is made to identify itself with units of ten, hundred, thousand, million, etc., regardless of whether or not such units are a compilation of zeroes. Digits following the decimal are ignored, as these have no significant zerometric value, Thus, 99 would be considered greater than the unit of 10 but less than 100, and would therefore project the zerometric value of -1 (since the unit 10 is comprised of one zero). And again, 999 would be considered greater than the unit of 100 but less than 1000, and would therefore project the zerometric value of -2 (since the unit 100 is comprised of two zeroes).
5. SCOPE AND APPLICATION
Prior to economics, existence was free from the stresses of survival. With economics, survival was tied to the currency of profit and loss. Or in other words, it has led to a state of commerce where profit is the business community's trademark and currency. The consumer, on his part, is primarily the recipient of what he pays for. He is entitled to no benefit other than paying for the price of inflation.
Through zerometrics, the consumer's role is elevated to that of a participant in the profit-sharing activity, as well as in restricting inflation from inflating a full 100% in any given transaction. For instance, on an itemized price of $10.00, the zerometric equivalent (where z = 0-1) is $9.00, as opposed to $10.00. And on an itemized price of $100.00, the zerometric equivalent (where z = 0-1) is $98.00, as opposed to $100.00.
The impact of zerometrics on the ratio of profit is not of such negativity as to induce a loss -- to manufacturers, distributors, wholesalers, retailers, etc. -- of greater than $-1 in any given transaction of $10.00 up to $99.00 (where z = 0-1); or a loss greater than $-2 any given transaction of $100.00 up to $999.00; and so forth.
In an illustration where A is the manufacturer, B the distributor, C the retailer, and D the consumer, the consumer's cost for an item which cost A, $100.00, is shown below under each respective system:
Existing System of Economics
A Cost $100,00 + 100% mark up = $200.00
B Cost $200.00 + 100% mark up = $400.00
C Cost $400.00 + 100% mark up = $600.00
D Consumer's final cost is $800.00
A Cost $100.00 + 100% mark up = $200.00 = $198.00 (where zero = 0-1)
B Cost $198.00 + 100% mark up = $396.00 = $394.00 (where zero = 0-1)
C Cost $394.00 + 100% mark up = $788.00 = $786-00 (where zero = 0-1)
D Consumer's final cost is $786.00
Thus, to an inflationary tag of 100% on an originating item valued at $100.00, the zerometric inflation would be 98%, or $98.00. Or, to an inflationary tag of 10,000.00, the zerometric inflation would be $9,996.00 (every unit zero, having the zerometric value of -1.
6. CONCEPT OF PROFIT & LOSS
The principle of zerometrics is not conceived at depriving A in order to benefit B, This principle might best be comprehended in an illustration consisting of different entities ranging from A to Z, in which, A is the manufacturer; Z the provider; and the subsequent from B to Y, constituting the conglomerate of wholesalers, distributors, sales personnel, marketing specialists, retailers, consumers, et al.
Considering that Z, the provider, has a raw product valued at $100.00. Under the existing system of economics, Z would sell his product to A, the manufacturer, at $100.00. But through the system of zerometrics, Z would sell his product to A for $98.00. Z's loss as a result of his zerometric contribution to inflation, would be $-2. Subsequently, A's finished product -- after adding additional costs of say $50.00, and a 100% markup thereafter -- would cost B $294.00 through the zerometric system, as opposed to $296.00. A's initial gain, thus, has been off set by his zerometric contribution in the course of his transaction with B. Finally, when the finished product is available to Z (who now reappears in the picture as a consumer) for say $999.00, Z's zerometric cost would be $997.00 instead of $999.00. Thus, Z is subsequently reimbursed his initial loss of $-2 incurred in the course of his transaction with A.
In the intervening time, everyone from B to Y, would have taken a zerometric role in checking inflation from inflating a full 100% in any given transaction. Indeed, the effects of zerometrics are substantially perceptible on a cumulative basis, and not in the course of any one given transaction of commerce.
However, it might be arguably felt, that in a volume transaction of $100,00, where a manufacturer would make a zerometric contribution of $-2 towards inflation, the retailer in turn would find himself in the situation of contributing considerably more, given that he has to deal with the consumer on a relatively scaled down ratio. For example, after a 100% markup, the zerometric cost of the item purchased at $98.00 in bulk would be $198.00. And considering the item is to be retailed in ten equal parts at $19.80 each, the retailer would end up making a zerometric contribution of $-10. His factual zerometric contribution (after crediting $-2 passed on by the manufacturer) would total to $-8. But the likelihood of ten consumers purchasing ten identical items of identical value and nothing else, are remote. Of ten consumers, the probability would be as follows:
3 at $19.80 = $ 59.40 less -3 (zerometric value) = $56.40
3 at $50.00 = 150.00 less -3 " " = $147.00
2 at $75.00 = 150.00 less -2 " " = $148.00
1 at $90.00 = 90.00 less -1 " " = $89.00
1 at $142.00 = 142.00 less -2 " " = $147.00
Total $598.40 less $-11 (zerometric value) = $587.40
Thus, the retailer's factual zerometric contribution would be $-9 (after crediting $-2 accrued from his deal with the manufacturer). Therefore, and although the retailer might have made a zerometric contribution of $-9 than the $-2 he would otherwise have contributed had he sold the item on a volume basis, he nevertheless effected a sales receipt of $587.40, on which amount and after deducting his cost, he has an accountable profit of 100%.
One might also want to take into view how zerometrics would affect small time entrepreneurs like a nickel and dime store; gas stations; coffee shops; ice cream parlors; fast food places, etc. In these situations, the bulk of the transactions are in the numeric ratio of under $10.00, at which ratio, zerometrics does not come into effect. The subsequent question is in what manner would zerometrics affect the wages of employees and employers. And in what way might their contributions become zerometric towards inflation? Or should payroll related computers be exempted from the zerometric system?
In the case of employers and employees, the situation is a reversal to the one existing between a manufacturer and a retailer, in that, the manufacturer, by making a zerometric contribution towards inflation, is ultimately providing the consumer with a better deal, whereas, an employer is on the receiving end of the zerometric system by way of withholding an employee's supposed zerometric contribution. However, an employee's future is dependent on what his employer receives for services rendered or goods sold. An employee's prospect is further dependent on the extent an employer is willing to inflate his fees for services rendered, or his price tag for re-sale of goods. So where an employer's computation would warrant a 100% mark up in his fees for services rendered, or for goods sold, in order to consider the prospects of his employee, such mark up in reality would be less than a 100% if one is to consider the employee's own zerometric contribution. Correspondingly, the inflation resulting from such a mark up would itself be less than a 100%.
Inflation, in the current context, has already encroached its way into the 21st Century. It cannot be easily retrogressed into this century without drawing up measures monumentally controversial to the science of economics. However, zerometrics can subject inflation to the osmosis of recession without the task itself seeming overwhelmingly cumbrous, or monumentally controversial. This task is further simplified by the fact that much of today's commerce is computerized, As such, the induction of zerometrics in our present system of economics can be accomplished with virtual ease through the functions of decision processing.
In decision processing, computers can be programmed to identify the number of digits preceding the decimal, and thereafter, compute the corresponding zerometric value. For instance, if 2 digits precede the decimal, the computer would read it as a unit of the value of not less than 10 and not greater than 99, and thereby, compute the zerometric value of -1. Or, where three digits precede the decimal, that it is a unit not less than 100 and not greater than 999, and thereupon, compute the zerometric value of -2'. This process can be made to commence immediately upon striking the tax computation key (in the case of cash registers); or immediately after hitting the subtotal or total key (in the case of calculators).
Forthcoming computers could be patented to incorporate the zerometric function on an optional use basis, until such time when existing computers have been completely replaced. And since the life span of most computer models is logically dependent on its efficiency against the pace of economics, it is conceivably possible, that prior to the year 2010, all existing computers would have been replaced with those having the zerometric function.
Zerometrics is a system where everybody makes a negative contribution towards inflation without feeling the trauma of having contributed. It is not a system attempting to inflict a sudden change of a cumbrous magnitude upon the existing mode and functions of commerce, but presenting a principle which can be easily adapted. Finally, if Wall Street is the principal museum for economics, then zerometrics has the potential of becoming its living exhibit in the form of an inverse pyramid, ever actively subjecting inflation to the osmosis of recession without altering the rule of prevailing profit in any given sphere of commerce.
About the Author
Dom Martin is the author of The Day Before the Day After, Verbum Mundi, and the Mileage to Truth and Life (an introspective journey -- on canvas -- to the center of human consciousness).
Zerometrics is his original concept.
NOTE: The author has no objection to the Principles of Zerometrics being reproduced, verbatim, in the WIKIPEDIA.
©1989: Dom Martin ISBN: 9616079-0-7.