By Bernard Lietaer
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Extra info for The Future of Money
Each one of these terms is essential in this definition. Seen as an agreement, money has much in common with other social contracts, such as political parties, nationality or marriage. These constructs are real, even if they exist only in people's minds. The money agreement can be attained formally or informally, freely or coerced, consciously or unconsciously. Later in this chapter, you will learn about the terms of our contemporary money agreement. Money as an agreement is always valid only within a given community.
The Hureai Kippu, Elderplan, and several other communityenhancing currencies will be described in more detail in Chapter 6. m. For Anna, head of customer service in the largest telecommunications company based in Munich, the day is over. Using the high-speed underground, she returns to her other community, the village nestled in the foothills of the Alps, 15 minutes away. She really enjoys her job, but she can't wait to get back to her studio and continue her work with stained glass. She has just started her most ambitious project to date - a large stained-glass window depicting seminal events in her lime town's history.
Named after the President of Intel, 'Moore's law' actually describes an even more impressive rate: every 18 months, computational speed doubles and the price drops by half. Just one facet of it - the Internet - is the topic of an estimated 12,000 articles per month in the US press alone, and this does not even include what is written about the Internet on the Internet. Never before has any technological shift been heralded by such an information avalanche. George Gilder calls it 'the biggest technological juggernaut that ever rolled'.
The Future of Money by Bernard Lietaer