Parity Grown, Not Decreed

The Gradido is calibrated locally to purchasing power, yet is meant one day to be worth the same everywhere. This paper shows how a worldwide equivalence grows out of many locally calibrated colours — through real appreciation, the Colored Gradidos as buffers, and a rule-bound convergence factor, without an exchange rate, with the human being as value basis.The Gradido is calibrated locally to purchasing power, yet is meant one day to be worth the same everywhere. This paper shows how a worldwide equivalence grows out of many locally calibrated colours — through real appreciation, the Colored Gradidos as buffers, and a rule-bound convergence factor, without an exchange rate, with the human being as value basis.