Rethinking Money

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Rethinking Money

Transcript of Rethinking Money

1. Rethinking Money 2. Goal: a brain flip in 30 minutes The Flip Money as medium of exchange in an economy of tradable wealth Currency as the language of flow in an ecology of healthy systems 3. Rethinking Geometry? 4. Parallel lines never meet: Parallel lines always meet: Axioms 5. What is wealth? 6. Levels of Wealth friendship, love, beauty, freedom, civility, culture Acknowledgeable Measurable health, diversity, education, attention, strength, vitality, productive capacity Tradable resources, goods, services, time 7. relationships between systems Acknowledgeable Measurable Systemics of Wealth properties of systems as a whole components, of systems (inputs & outputs) Tradable 8. What is wealth? Systemic well-being at all levels 9. What is money? 10. Evolution of Writing to build: understanding we exchange: concepts real-time and face-to-face we call it: conversation/speaking over distance and time we encoded them with: shape/form which evolved: but there were problems:

  • It's hard to encode abstract and non-material concepts with a shape.
  • Its hard to learn and must be managed carefully thus a dedicated elite develops.
  • That elite becomes entrenched.

11. alphabet Wealth ideograms Evolution of Currency to build: understanding we exchange: concepts real-time and face-to-face we call it: conversation (speaking) over distance and time we encoded them with: shape/form which evolved: but there were problems:

  • Cant handle all concepts
  • Complexity creates elite
  • Elite entrenched

solving which requires a new encoding: wealth valuables barter (haggling) relative scarcity

  • It's hard to encode non-tradable wealth with scarcity.
  • Its hard to manage scarcity of information tokens thus a dedicated elite develops.
  • That elite becomes entrenched.

currency alphabet ? 12. Inputs Outputs Flow Flow Patterns 13. Currencies Regional Food Pleasure Rating 14. What is currency? Information tokens that help us see and interact with flows 15. Currencies LETS Time Dollars eBay Points Airline miles Buy 10 get 1 free card USDA Organic Grades: A,B,C,D,F Curitiba Trash Tokens Carbon Credits Berkshares Zagats Rating University Degree (PhD, MS, BS) $ Credit Hours Postage Stamps Cupons 16. The Flip Currency as the language of flow in an ecology of healthy systems