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Meaningful Metrics for a Smart Society
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Date: 2018-01-24 Page is: DBtxt001.php L0700-MX-MONEY

MONEY / EXCHANGE / TRADE / FINANCE
MONEY
A key feature of the classic economic system ... essential and a problem

///////////////////////////////////////////// This is very thought provoking ... but is essentially wrong, not so much because of the detail of how 'money' is created, but because it ignores the mechanism by which wealth and prosperity are created.
Wealth and prosperity are created because the PROCESSES of the ECONOMY result in true VALUE ADD and the PROCESSES of NATURAL WORLD also function to sustain value, and perhaps actually add value. The financial processes being described in this video explain very well how the value created by human effort and natural systems is extracted by the banking and financial system to renrich this segment of the system at the expense of everyone else. #14471 /////////////////////////////////////////////////// TRANSACTIONS

MONEY ... A MEDIUM OF EXCHANGE GO TOP
Crowdfunding
Some more detail about Crowdfunding
Crowdfunding
What WikiPedia says about Crowdfunding
'https://en.wikipedia.org/wiki/Crowdfunding'
Open Wikipedia page

Initial Coin Offering (ICO) GO TOP
Initial Coin Offerings (ICOs)
Some more about ICOs
Open L0700-EI-ICO
Initial Coin Offering
What WikiPedia says about ICOs
'https://en.wikipedia.org/wiki/Initial_coin_offering'
Open Wikipedia page

Initial Public Offering (IPO) GO TOP
Initial Public Offerings (IPOs)
Some more about IPOs
Initial Public Offerings (IPOs)
What WikiPedia says about IPOs
'https://en.wikipedia.org/wiki/Initial_public_offering'
Open Wikipedia page

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
Private 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

Low Income Financial Inclusion GO TOP
Financial Inclusion ... Accion-CFI-Uniting-Tech-and-Touch-Kenya-2017
36 page paper prepared by Alexis Beggs Olsen in November 2017
While Kenyans are comfortable conducting transactions digitally, other key aspects of the financial service customer journey are not adequately handled by digital means alone
'http://truevaluemetrics.org/DBpdfs/Finance/Accion-CFI-Uniting-Tech-and-Touch-Kenya-2017.pdf'
Open PDF ... Accion-CFI-Uniting-Tech-and-Touch-Kenya-2017.pdf




The text being discussed is available at



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