SYNOPSIS:
This is a discussion about solving inflation using some unusual concepts I pulled together before, during and after COVID 19. Here is the discussion:
"Me:
So, I've just watched a short video about the game industry since 1987. It has grown to 130 billion dollars annually. About fifteen years ago... gamers were invited by Washing State University to play a 3D multiplayer interactive game called Foldit, wherein the gamers were able to solve the problem of placing an HIV vaccine onto the receptors of the HIV virus, when scientists hadn't been able to succeed for more than thirty years. I think it is quite conceivable to have gamers play some kind of similar game, designed to beat inflation, and then let them figure it out. I believe they'd have to create some kind of monetization that could be scaled up using compounding interest, and then achieve remarkable results by paying off the national debt.
Write out a flow-charted film narrative outline that would fulfill the needed steps.This could potentially be a mechanism to solve the problem of national debt and inflation. In fact during the first Trump administration, a five billion dollar coin was suggested. Solve as much of this "riddle" if you will in your narrative outline and tie off all the loose ends."
ChatGPT:
"This concept combines elements of game theory, financial strategy, and an exploration of unconventional solutions to national debt and inflation. Here’s a flow-charted film narrative outline that integrates the ideas of gamers solving financial problems, a special coin as a symbolic mechanism, and the broader implications on national debt.
Title: Game of Wealth
1. Introduction: The State of the Nation (Present Day)
- Overview of National Debt & Inflation: The film opens with a bleak financial overview, showing how inflation has spiraled out of control, and the U.S. national debt is growing exponentially.
- Public Frustration: News outlets and social media are filled with headlines about the impact of inflation on everyday life—housing, healthcare, education, and retirement are all becoming increasingly out of reach for average citizens.
2. The Idea Sparks (Inciting Incident)
- Inspired by Foldit: A professor at Washington State University, Dr. Amelia Hart, is watching the documentary about the success of gamers solving a complex scientific problem through a game (Foldit). She wonders: Could we apply this kind of problem-solving to the national debt?
- Concept Formulation: Dr. Hart pitches the idea of creating a 3D multiplayer interactive game where gamers, through strategic gameplay, figure out a way to reverse inflation and decrease national debt. This game would rely on monetization and the concept of compounding interest.
- Initial Skepticism: Government officials and economists are skeptical, dismissing the idea as fanciful, but Dr. Hart's team begins work on developing the game, which is tentatively named “DebtSolver”.
3. Game Development & Public Launch (The Setup)
- Building the Game: A diverse team of game designers, economists, and financial experts are assembled to create DebtSolver. The game mechanics include solving puzzles and challenges related to managing money, reducing debt, and navigating economic crises, with real-world principles at play.
- Monetization Mechanism: Players are tasked with creating strategies to earn, save, and grow wealth. The game employs a complex simulation of compounding interest, asset management, and debt reduction.
- Launch: The game is launched to the public, with the aim of crowdsourcing solutions to the country's economic problems. Players are incentivized with real-world rewards like cryptocurrency or even opportunities to pitch their strategies to government officials.
4. Gamers Begin to Solve the Riddle (Rising Action)
- Gamers’ Progress: As the game grows in popularity, players begin to develop increasingly sophisticated strategies. Some even propose using alternative forms of currency and investing in long-term assets to reduce the burden of national debt.
- Compounding Interest Theory: Gamers discover that one of the most effective ways to solve the national debt problem is by harnessing the power of compound interest in the context of public debt reduction.
- Unexpected Breakthrough: A group of top players, led by a genius gamer named Max, comes up with an innovative financial mechanism—a global “coin” that operates like a hyper-inflated treasury bond. This coin would have a theoretical value capable of paying off billions of dollars in debt while utilizing a trust-based model for scaling up investments in a way that could influence inflation directly.
- The Coin Debate: Max and his team propose the creation of a highly valuable digital coin, a real-world analogy to the $5 billion coin previously suggested during the Trump administration. The coin is not only a symbol of debt reduction but also serves as a "catalyst" for inflating and deflating the economic market in a way that could stabilize national finances.
5. Political & Financial Resistance (Midpoint)
- Government Pushback: Traditional economists and politicians push back against the proposal, arguing that such a drastic solution could destabilize the global economy. The coin is seen as too radical.
- Public Debate: The proposal for a digital coin to reduce national debt becomes a controversial topic in the media, with divided opinions on whether the game and its financial solutions are legitimate.
- The Stakeholders' Dilemma: Key stakeholders (investors, government officials, gaming moguls) begin to see the potential power and risks of such a solution. A struggle ensues between those who see it as a game-changing breakthrough and those who see it as a dangerous gamble.
6. The Coin: A Modern Solution (Climax)
- The $5 Billion Coin Redux: In a dramatic twist, the government, under immense pressure from the public and supported by the groundbreaking suggestions from the game, decides to issue a digital “coin” based on the gamers' strategy. The coin, symbolizing an enormous value, is minted digitally and used to effectively pay down the U.S. national debt, catalyzing a series of economic reforms.
- Gameplay to Reality: As the game’s proposed strategies become law, the public is entranced by the success of the experiment. The coin represents a symbolic and real-world shift in the financial system, with gamers who contributed ideas being invited to help oversee the first steps of its implementation.
7. The Game of Wealth Becomes Real (Falling Action)
- Economic Rebound: The national debt begins to shrink significantly as the compounded investments from the coin's value start generating returns. Inflation stabilizes, and the economy begins to show signs of recovery.
- Public Confidence Restored: The game’s impact is felt across the nation, as citizens begin to see the tangible results of what was once considered an impossible solution. Public trust in the system is renewed.
8. Resolution: A New Economic Era (Conclusion)
- Legacy of the Game: Dr. Hart, Max, and the players who contributed to the solution are celebrated as national heroes. The game, DebtSolver, becomes a model for future problem-solving initiatives, encouraging collaborative, out-of-the-box thinking to solve complex issues.
- A New Path for Global Economics: The success of the coin and the game sparks a new wave of global financial cooperation, with other nations adapting similar models to address their own economic crises.
- Hope for the Future: The film ends on an optimistic note, showing a world where gamers, once seen as mere entertainment enthusiasts, are now recognized as problem-solvers who have made a tangible impact on society.
Key Elements Tied Up:
- Gamers Solve National Debt: By creating an interactive game based on real-world financial principles, the gamers discover a mechanism (the digital coin) that could pay off national debt and combat inflation.
- $5 Billion Coin Mechanism: The coin serves as both a symbolic and practical tool to pay off the national debt, inspired by previous suggestions and modified through gaming innovations.
- Involvement of the Public: The film showcases how involving the public in economic problem-solving through a gamified platform can lead to significant breakthroughs, changing the way we view both gaming and economics.
By blending real-world economics with the imaginative potential of gaming, the film highlights the power of crowdsourcing solutions and technological innovation to address large-scale global issues, offering a hopeful and thought-provoking solution to modern financial problems."
And the potential movie poster is below:
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Thanks Tasha and Nathaniel. I am about to upload another logline and film narrative concept. 'Hope you enjoy it.
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