The problem happens when we approach the economy from the question of “how do we design the best money” Money arose NATURALLY to solve a problem mankind couldn’t solve with design and intuition. The (most significant) problem it solves is provided and objective basis for value, but it doesn’t perfectly solve it, there are still intrinsic problems, paradoxes, and dilemmas.
The problem is how to optimize our economy, not how to create an ideal money.
What we are looking for is a stable metric, not an optimized money, it is simply that some people feel money and provide this metric. However, over our history money of any form has never remained stable.
Only ideal money, or money comparable to it, can be stable and properly solve this problem
Keynesian money doesn’t even attempt to address the problem, it doesn’t understand the problem.
The problem happens when we approach the economy from the question of “how do we design the best money” Money arose NATURALLY to solve a problem mankind couldn’t solve with design and intuition. The (most significant) problem it solves is provided and objective basis for value, but it doesn’t perfectly solve it, there are still intrinsic problems, paradoxes, and dilemmas.
The problem is how to optimize our economy, not how to create an ideal money.
What we are looking for is a stable metric, not an optimized money, it is simply that some people feel money and provide this metric. However, over our history money of any form has never remained stable.
Only ideal money, or money comparable to it, can be stable and properly solve this problem
Keynesian money doesn’t even attempt to address the problem, it doesn’t understand the problem.