Money Design Guide

OSE Opinion Piece

The institution of money is perhaps the greatest Structural Evil in its current implementation. Centralized control of it via Keynesian Economics relies on a fundamental disconnect between money and substance - substituting that substance with belief. This is like belief in mysticism prior to the Enlightenment - and is a fundamental flaw in how money works. Predictable boom-bust cycles, manipulation, and speculation are natural byproducts. A solution could be money tied more directly to durable resources, and discounted over time for perishable resources. Money for intangible resources such as love or humility may a bad idea, as it appears too subjective - so money should stick to backing by material goods critical to survival. Sound money thus implies distributed, open production. It could be coined by Universal Basic Assets enterprises, or individuals acting in the same capacity. Methods such as transparent, distributed accounting (blockchain ledger), open source distribution of productive knowhow and technology, and collaborative design can fix the money issue.

How do you design better money?

1. Distribute the coining of money - any distributed, open source productive activity or microfactory at sufficient robustness may be in a good position to coin its own money.
2. Use a transparent ledger. Document that supply of money, and credits and debits of individuals.
3. Create parallel but interoperable systems. Create many parallel currencies, with known exchange rates, including exchange rates with fiat currencies.
4. Create value standards - how much money can be coined for a given productive activity and product
5. Connect value to directly measurable hard goods, and perishable goods with time discount. Coin money upon production of hard goods.
6. Do not coin money from creative activity, just from physical products
7. Teach people what money is and isn't. Backed, unbacked, and fiat currency.
8. Replace fractional reserve banking with collaborative funding. Replace banks with distributed banks with distributed and transparent accounting (blockchain)
9. Open source all technology to increase fluidity of money creation
10. Allow centrally controlled and manipulated system to coexist with real money, so that people can have a choice between fiat currency and real money.

Links

Page title matches

• No Land, Money, or People?
  ...asked several times how one could replicate Factor e Farm - if one has no money, land, or people. Here's an answer. Now money.
  3 KB (545 words) - 06:49, 4 May 2011
• Money as Debt II: Promises Unleashed
  ...g to have an adding machine write an epitaph." - George J. W. Goodman, The Money Game (1968)
  971 bytes (144 words) - 12:41, 2 May 2011
• Money Handling Policy
  Here are the proposed procedures for handling money:
  986 bytes (142 words) - 11:57, 27 August 2013
• 97% of Patents Never Make Any Money
  196 bytes (19 words) - 09:20, 4 April 2013
• Wealth Without Money
  43 bytes (7 words) - 08:04, 15 April 2013
• How Money is Created
  ...Ledgers of the blockchain to create distributed validation mechanisms for money. [http://positivemoney.org/how-money-works/how-banks-create-money/]
  5 KB (765 words) - 08:06, 16 February 2018
• Scandal of Money
  *Erosion of the meaning of money is an issue *The measuring stick - money - can't be part of what it measures.
  581 bytes (88 words) - 08:23, 9 April 2018
• Book - You Have to Have Money to Make Money
  ...on - based around material security as you want a house and car and 'need' money to get it. Desperation.
  897 bytes (124 words) - 13:00, 6 February 2019
• Money Makes the World Go Round
  *Think [[DARPA]] and all the money the "burn" , but all the tech they produce, google does the same with their
  577 bytes (96 words) - 07:29, 29 May 2020
• Money Design Guide
  ...of productive knowhow and technology, and collaborative design can fix the money issue. How do you design better money?
  5 KB (724 words) - 16:22, 7 June 2025
• Money Can Buy Happiness
  Up to $92k in 2022 money. https://www.theatlantic.com/family/archive/2021/04/money-income-buy-happiness/618601/
  228 bytes (28 words) - 16:10, 31 May 2022
• Abundant Money
  Money that is created abundantly, without inflation, with [[Permanence Validation
  286 bytes (35 words) - 11:15, 5 June 2024
• Money Buys Happiness
  ...people, in which happiness caps out at $100k. Satisfaction in reases with money for all groups, though. https://www.forbes.com/sites/johnjennings/2024/02/12/money-buys-happiness-after-all/?sh=7b7602b1486b
  14 KB (2,215 words) - 16:38, 2 May 2024
• How Banks Make Money
  85 bytes (14 words) - 23:03, 26 May 2024
• Money Design
  =Abundant Money Design= *[[Abundant Money]]
  1 KB (213 words) - 11:54, 5 June 2024
• Follow the Money
  =How Money Is Spent By Major Players=
  138 bytes (15 words) - 02:50, 27 April 2025
• Create, Share, and Save Money Using Open Source Projects
  170 bytes (28 words) - 14:56, 10 May 2025