Question

hypothesis for save your money​

Answer 1

Answer:

Money hypothesis 2; a different concept of money

by Paul Grignon, the creator of the Money as Debt Trilogy animated movies.

Abstract

This article will explain the concept of money as time-limited redeemable credits for the

real goods and services it will be used to purchase. This money’s value is defined by the

specific portion of real world abundance it promises, not the scarcity of the medium of

exchange itself. I then provide an outline of how this alternate concept of money can be

implemented in our current situation to produce a liberated, self-balancing global money

and economic system, a system that can adapt to inevitable periods of economic

shrinkage without causing unjust hardship and without passing debt on to future

generations. Focusing on mortgages for real estate, the current primary source of money,

I show how this self-issued credit money system has the potential to beneficially

transform human economic relationships, in addition to ending money system instability.

The article concludes by proposing that this alternate concept of money could very easily

become a liberated global money system. In fact, the process is already underway.

Hypothesis

The current concept of money as a thing-in-itself and especially as a debt-of-itself is

mathematically incompatible with a credit-based economy as demonstrated in my

previous paper, Money hypothesis 1; why our current money system is unstable. The

appropriate replacement is self-issued credit, or “barter credit”, money that is payable in

goods and/or services only. This money can be universally described as a “promise of

something specific from someone specific”, a concept of money that has always existed

as an alternative to “money-as-a-thing-in-itself”.

Money could be defined in value by its redemption in real things

In this concept, all money is redeemable in real goods or services only, within a specified

time. Therefore the holder of money has actual ownership of current or future goods or

services from a specific supplier, measured in a common value unit called “money”.