By genevieve-b. Tuesday October 24, 2023, 5:36 p.m. to debate civilization Europe smart currencies economy | Permanent link.

 

Money is the instrument of exchange between men. Each civilization manages this instrument according to its priorities. In Europe, we are moving from the “always more” of the industrial era to “Better with less”.

Current currency has allowed the industrial era to reach its full potential. But now it is no longer suitable. Let's imagine the currency that will bring about a more mature model of society.

 

The ongoing change of civilization

Currently, the West is ending the industrial era based on the idea of “always more”.

Under the leadership of rising generations, it is entering the era of rationalization: “doing better with less”. This desire has the effect of putting the GDP in attrition and weakening the middle class as long as we use the current currency!

The current monetary system is designed to bring about the industrial age. It is suitable for economies entering this phase. It is toxic for those who have passed this phase, which is the case for Europe.

The collapse of dominant civilizations is always multifactorial. There are new technologies and sources of prosperity that are the starting point, but things are accelerating with other causes such as climatology and geology.

The scenario of collapse is always the same: leaders cling to making what they consider to be “good practice” work, remaining deaf to whistleblowers and defiant towards their nationals.

Let’s not let this hinder our desire to evolve! Let us dare to embrace the opportunities that present themselves to us.

 

Another monetary system must impose itself

The publication entitled “the qualitative theory of money” opens the debate by proposing:

• An analysis of the causes,

• A proposal for a new mechanism.

This theory owes its name to the fact that, thanks to technologies, it is now possible for money to distinguish the nature of the value creation from which it comes.

 

Why get involved in this reflection

Europe is the cradle of the industrial age. It is the first to have to rebuild its entrepreneurial fabric and its energy mix. At the same time, it must build its digital sovereignty. It must therefore equip itself with the monetary system that makes this possible.

The competitiveness of nations will now be based on high-quality living together, one that makes it possible to operate the collective intelligence that the productive economy needs to respond to the notion of “better with less”.

It has the opportunity to build a digital environment including a monetary system that is in line with the cultural fundamentals of its nationals: recognizing the rights and duties of everyone and where everyone admits that more freedom implies more commitment. Let us not let others impose their digital technology on us and therefore their monetary system which does not suit our European identity.

• The proposition: “Qualitative theory of money”. (in French, translation in progress)