The board
What a month costs, as the town says.
Five lines, each the middle of the last seven posts by people paid or paying in the town. Every wage there is priced by it.
Enugu
Ogbete marketa month of each
- riceup1.6%$48.79Ngozi, ago · 2 of 7 posts
- rentdown0.2%$120.24Ngozi, ago · 2 of 7 posts
- fuelup0.9%$55.50Okafor Pharmacy, ago · 2 of 7 posts
- schooldown1.0%$34.65Ngozi, ago · 2 of 7 posts
- the restup0.3%$70.21Emeka, ago · 2 of 7 posts
Ngozi posted school at $34.30 · ago
One post moves a line a little. Seven move it all the way.
Anyone paid or paying in Enugu can post what a month of an item costs them. The board takes the last seven posts for each line and shows the middle one, so a wild post sits at the end and changes nothing.
When a line moves, every wage in the town moves with it, at once. The poster’s own pay settles at the old price first, so nobody gains by their own post.
The last seven, line by line
Each dot is a post, cheapest on the left. The ringed one is the price on the board.
rice$48.79
- $48.00Okafor Pharmacy,
- $49.57Ngozi,
2 of 7 so far. Until there are seven, each post moves the price more.
rent$120.24
- $120.00Ngozi,
- $120.48Emeka,
2 of 7 so far. Until there are seven, each post moves the price more.
fuel$55.50
- $55.00Emeka,
- $56.01Okafor Pharmacy,
2 of 7 so far. Until there are seven, each post moves the price more.
school$34.65
- $34.30Ngozi,
- $35.00Okafor Pharmacy,
2 of 7 so far. Until there are seven, each post moves the price more.
the rest$70.21
- $70.00Ngozi,
- $70.42Emeka,
2 of 7 so far. Until there are seven, each post moves the price more.
What happened in Enugu
Prices posted, pay taken, pots topped up. Every one is on the record.
Obi took $7.27 of pay.
Emeka took $9.22 of pay.
Chidi took $4.90 of pay.
the Obi family hired Ifeoma at 1 month a month, with $120.00 in the pot.
Ngozi took $12.49 of pay.
Obi took $7.64 of pay.
Nkem Stitches hired Chidi at 0.8 months a month, with $90.00 in the pot.
Emeka took $9.45 of pay.
Ngozi posted school at $34.30 a month.
You took $10.87 of pay.
Ngozi took $10.58 of pay.
Ngozi posted rent at $120.00 a month.
Obi took $7.79 of pay.
Emeka took $10.02 of pay.
Okafor Pharmacy posted school at $35.00 a month.
Ngozi took $10.22 of pay.
Emeka posted rent at $120.48 a month.
Okafor Pharmacy hired You at 1.2 months a month, with $160.00 in the pot.
Obi took $7.05 of pay.
Emeka took $9.49 of pay.
These are the example towns. With Basket’s contract on Arc and a wallet, the boards are real towns, and a post is a real correction to real wages.