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. read more

An Exploration of Imaginary Transactions

Steve Kelsey. London.. 19^th January 2022

Introduction

The transactional logic that determines the efficiency of wealth creation and the growth of our civilisation emerged at an early point in human history and has evolved into the complex system we see today. This model has evolved over time, becoming more complex and increasingly abstract as it has been applied to global scale activity, and now runs our world. There is nothing natural or inevitable about the transactional logic that controls wealth creation, it is the product of human thought just like any other invention. It has been very successful, but there is scant evidence throughout its long history its logical foundations have ever been put to the test. That there is a need for experimentation in transactional logic is certain. The current transactional logic artificially limits the efficiency of wealth creation and therefore limits the survivability of our civilisation at a time when we are facing major challenges. In this thought experiment I explore the logic of transactional models and the alternatives that might challenge this singular paradigm. read more

Month: April 2022

Physical Money

Introduction

Transactional Logic

Introduction