Not to mention, governments can't regulate the amount of new money in the economy

This seems like basically a gold standard, only far worse because the gold is being created and destroyed on an ongoing basis, and I can't imagine a reason why governments would not have moved by this point to a fiat currency, for the same reason that governments eventually did so in the real world.
 
Governments probably are banks, to a large extent, just for the sake of consolidating chakra reserves and centralizing that influence. Can't afford to have too much of the stuff in private hands, since it's simultaneously currency and military power.

Good point. It would be an obvious place to start consolidating power. Though given the correspondence between cd and chakra points I think you might be overstating the military utility of it all. A million cd could be used to buy many things or make a handful of clones, it's very rare that the latter will be worth it over the former.

It does have interesting consequences for revolutions though. Given how important chakra is to the stability of a polity, a group about to be kicked out of power would probably find it worthwhile to burn their reserves simply to deny the revolutionaries access to them.

I wonder if a sort of geneva conventions might evolve with respect to salting the earth or disposing of valuable chakra reserves.

Inflation would be countered by everyone basically burning money every day.

Yeah, that the problem. A low stable level of inflation is very good for our society. At it is, the future!MfD world would be on an economic knife's edge at any point, with a sufficient lack of confidence or strong perturbation capable of kicking off a large recession.

There is the counterbalancing force that everyone would produce 10 cd a day, so the economy would stabilize above the point where someone could live comfortably off just that cash.

Any clan with unusually large chakra reserves slowly takes over the world.

Yeah, this was part of why the giant-underground-seal puts a cap on chakra production, rather than a multiplier. It would affect members of those clans as well, making them just like everyone else.

Communal living is probably more of a thing, since that's a tiny amount of basic income and economies of scale would play out well. This is where part of a clan's advantage comes from - branch houses can specialize and have others to live and work with whom they trust implicitly due to family bonds.

With communal living comes certain default structures - every group home has people specialized into several different fairly common fields, perhaps multiple in the same field but not too many that they start competing for clients.

Mmm, good point. As the population grows and the clans themselves become larger they would likely evolve into entities that are more like corporations. They dominate industries through economies of scale, and share innovation internally, but viciously protect that innovation in other to keep others from having access.

Friendly reminder that Hazou's subconcious is now writing about a character called "Akane Kurosawa".

Hazou assures me that this is not indicative of anything.

Oh, sush.

This seems like basically a gold standard, only far worse because the gold is being created and destroyed on an ongoing basis, and I can't imagine a reason why governments would not have moved by this point to a fiat currency, for the same reason that governments eventually did so in the real world.

The idea is that it would start out as an organizational measure. Early standardized seals allowed people to pool their chakra and use it for tasks that would be too hard for any single human, and that ease of production and utility makes it a perfect early currency.

It has value for a ton of reasons, is perfectly fungible, stores forever, and is easy to carry/trade. However, once chakra is a de-facto currency a government coming in to change that would find it difficult. Now suddenly you can't power your toaster with spare cash, yet your government tells you to value it as much as the old money? That would be an incredibly hard sell at the individual level even if switching over to a fiat currency and treating chakra as a commodity would be be better by far for economic stability.

It's not even like the gold standard, where you carried around functionally useless bills that were backed by gold. Here, the bills themselves have value, immediately tangible value, that only needs a chakra-tech device, a shaping seal, or knowledge of a relevant jutsu to be converted into something more immediately useful.
 
I think this could all too easily end up like Baby Blues (Amazon</shameless>) -- prisons would become money farms, and if the government could drum up a little demagoguery, you could end up with more and more things becoming illegal and minimum sentences becoming harsher.

In general "super valuable thing produced naturally by humans on an ongoing basis" can lead to a Crapsack World (productivitivore warning) unless there's outside oversight, widespread goodness, or inadequate enabling technology.
 
My headcanon is that Mari's shipping the entire team in a poly blob. @eaglejarl does have a history of jounin-sensei suggesting that :V
Should I bust out my old Homestuck shipping skills? (that's the secret: Diamonds everywhere)
I can play a couple instruments, but I've never written music and all I have at my new apartment is my old flute.

Which, incidentally, if someone wants to compose that tune Hazou played for everyone, I'll have a go at it :D
That's one of the things I was considering. I'm no good at writing music, but I sing. I was also thinking about character themes. It's hard to express the nature of the characters accurately enough for someone uninvolved to make an appropriate theme, though.
 
I was also thinking about character themes.
Mari is a jazz tune in a hole-in-the-wall bar that serves the best Vodka this side of Russia, done by a piano-sax-sultry vocals trio.

Akane is Vivaldi's Spring, or maybe the very end of the Ode to Joy.

Kagome is one of the quiet, suspense-building pieces in the soundtrack of a slasher movie.

Hazou is... either some steampunk-themed movie soundtrack with lots of mechanical sounds, or something by Two Steps From Hell or Thomas Bergersen.

Keiko is, like, 4'33" (the song that's just 4:33 of silence) or maybe Vivaldi's Winter.

Noburi is probably some anime intro idk.
 
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that ease of production and utility makes it a perfect early currency.
I'm not sure this is true. Remember a big part of the reason that microtransaction schemes fail is that each time you spend money, there's a minimum psychic transaction cost of making that decision to spend money, no matter how small the amount spent is. If that same cost applies when burning your money for function, then trying to use it as a currency is actually going to completely stress people out.

However, once chakra is a de-facto currency a government coming in to change that would find it difficult.
Not really. Even if the government can't ban using cp as currency because that's too unpopular, it should be able to create its own currency and then use it for all taxes and government expenditures. Cp then just becomes a commodity that has some features that make it more useful for barter than most other commodities. And given that a cp-economy is going to be wildly volatile, economies in countries that do this are going to outcompete economies in other countries, and over time fiat is going to take over.

There is a basic electrical system, but it's mainly used for lighting and other very simple tasks that would be inefficient to use chakra for.
Actually, coming back to this, I think you either need to drop electrical engineering or else the economy is going to undergo a huge transition soon. Once we get a directional-thrust seal, one of the uses we can put it to is generating mechanical power. Hazou/Akane will be restricted to things like attaching it to a wheel to power a mechanism directly, and maybe using many seals to compress a spring for some stored energy. But if you have electrical engineering, then you can put them on a turbine and leverage a little bit of cp into a lot of electricity. At that point, I would expect more and more cp-efficient electrical replacements for technologies to start appearing on the margin until the bulk of technological know-how goes towards technology as we would understand it and cp-technology is relegated to things that require some direct violation of physics to work. (Or, I guess really, people would mix the two design principles and then you can power the physical portions of your devices with electricity and feed in cp for only the parts that really need it, kind of like hybrid cars today.)
 
Mari is a jazz tune in a hole-in-the-wall bar that serves the best Vodka this side of Russia, done by a piano-sax-sultry vocals trio.

Akane is Vivaldi's Spring, or maybe the very end of the Ode to Joy.

Kagome is one of the quiet, suspense-building pieces in the soundtrack of a slasher movie.

Hazou is... either some steampunk-themed movie soundtrack with lots of mechanical sounds, or something by Two Steps From Hell or Thomas Bergersen.

Keiko is, like, 4'33" (the song that's just 4:33 of silence) or maybe Vivaldi's Winter.

Noburi is probably some anime intro idk.

I don't have much experience with classical music or even movies! Mostly video game soundtracks for me.

I can't help but think that Hazou and Keiko's themes would have some similarity. They both bring a different kind of... precision to bear. Maybe they'd have some precise-sounding instrument in common between both songs.

Akane's would definitely be bright and cheerful to some extent, but I feel like an anime character's theme would work better for her than Nobby, although they're generally too... not optimistic, but something. Maybe mindlessly so? Really, we could use a lore chapter for Noburi at some point. Poor guy's been kinda pushed to the wayside for ages by Keiko-shenanigans.
 
Our budding industrialist/merchant ninjas aren't going to come up with electricity on their own. What we need is to contrive a scenario where that might happen.
 
Our budding industrialist/merchant ninjas aren't going to come up with electricity on their own. What we need is to contrive a scenario where that might happen.
I mean, they don't really need to come up with it. Lightning-style techniques are a thing, storing and weaponizing those is well within our means.

e: ...I kind of want to see Mari drive someone insane with Whisper on the Wind.
 
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I play piano well (considered doing it as a career) and can strum a guitar. If someone writes sheet music, I'm more than happy to record it... in a few months when I have a piano/keyboard again.
Yeah, that's about where I'm at too. I can sing or whistle -- I'm actually really good at whistling, but microphones don't pick that up well -- but not much of a songwriter. I've tried to learn piano, and have an electronic keyboard, but it's a lot easier to convince myself to write than it is to convince myself to play piano. :p
 
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