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RE: In Defense of Inflation & Basic Income
In such an environment, I'd love to see a way to circumvent a central bank and find a way to inject new currency into the economy via its poorest members, but utilizing various and competing currencies. There's got to be a way to decentralize that function.
Yes we could go all blockchain, that would be ideal, but sometimes manual intervention is required, so an institution or at least a board of members would be required, even to manage the blockchain itself.
It would be all 100% transparent of course, no more backdoor meetings, and we have to minimize trust dependency to ensure that corruption will be minimal.