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Date: 2018-08-18 Page is: DBtxt001.php L0700-ML-VALUE-BASED-CURRENCY-UNITS

MONEY / LIQUIDITY
VALUE BASED CURRENCY UNITS
The way money used to be ... medium of exchange AND store of value

Measure Change in State and you Measure Progress

How Fiat Currency is Created GO TOP
The creation of fiat currency
The creation of fiat currency is based on the idea that there is value in enabling exchange.
There is empirical evidence that the driver of exchange ... of markets ... is that when parties choose to make an exchange, there is a value add that arises in the process.
This is the core idea behind everything to do with a market and rational economic man!
Rules and regulations
Society has created money ... a medium of exchange ... in order to facilitate trade in a more efficient manner than simple barter.
Just a bookkeeping entry
Yes ... and why not?
What should be the limits?
The limit should be POTENTIAL
There should be enough 'medium of exchange' money in circulation so that the full potential of people can be realized.
'MONEY' should not be the constraint on doing things that will deliver progress, but rather the limiting constraint should be the number of people available to deliver the brain and brawn needed to get something done.
Overlap with Guranteed Basic Income (GBI)
A Guaranteed Basic Income (GBI) has been proposed as a solution to unemployment and underemployment, but while it is an atractive idea it cannot be funded without some new thinking about how the economy ... the socio-enviro-economic system actually works.
Government cannot be the entity responsible for funding GBI. Government has important work to do, but government entities should NOT be responsible for this sort of finance and funding.
Rather this should be done by 'SOCIETY' at large ... a concept that has been diminished in modern economics but very important in many ancient and traditional societies, and increasingly easy to accomplish with modern technology

Crowdfunding GO TOP
Crowdfunding
Some more detail about Crowdfunding
Open L0700-II-Crowdfunding

Initial Public Offering (IPO) GO TOP
Initial Public Offerings (IPOs)
Some more about IPOs

Private Currency GO TOP
Private Currency
Some more about Private Currency
Private Currency
What WikiPedia says about Private Currency
'https://en.wikipedia.org/wiki/Private_currency'
Open Wikipedia page

Complementary Currency GO TOP
Complementary Currency
Some more about Complementary Currency
Open L0700-MX-Complementary-Currency

Stock Exchanges GO TOP
Stock Exchanges
Some more about Stock Exchanges
Stock Exchanges
What WikiPedia says about Stock Exchanges
'https://en.wikipedia.org/wiki/Stock_exchange'
Open Wikipedia page



The text being discussed is available at


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