Money Design for the 21st century
Introduction
The current fiat[i] monetary system is disconnected from wealth creation. The financialization of an economy reduces wealth creation by diverting investment from wealth creation functions to financial operations, where the goal of increasing money via the trade of financial assets for profit, subsumes the goal of creating wealth[ii] [iii] [iv]. These distortions interrupt wealth creation limiting the rate of a civilizations’ development and limiting the probability space[v] of a civilizations’ long-term survival. To maximize wealth creation, we need an alternative system.