Different kinds of money?
By different, I don’t mean the dollar and the euro. These actually only represent one kind or type of money. What I mean by different is the logic or motivation system that a type of money holds within it.
In other words, what I’m saying is that different types of money incentivize us to behave in different ways? To, for example, behave in a cooperative or individualist way.
So what if I told you that the logic behind the type of money system that we are used to, like the dollar or the euro, is guided by the way our type of money is produced?
In fact, there are three What?!! Well, you probably rarely think about how, when, and why the money in your wallet or in your bank account was produced. Well, to put it simply, the money units you hold were produced when someone else took out a loan with interest. This seemingly simple mechanism for money production creates the three following things:
· A need for endless growth and consumption
· A “natural” system of wealth accumulation and concentration.
· An environment of scarcity and competitive behaviors.
Examples of "different monies" complementary currencies in Europe:
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