An Honest Money System

I recently had a conversation with Copilot about designing an honest and effective exchange system that would circumvent the flawed and exploitative fiat money system. I began by saying, “The political money system is structurally flawed, and its eventual collapse is inevitable. That may occur slowly over time via inflation or suddenly with a declared devaluation; in either case the users of the currency suffer losses. Government debt is merely a measure of how much value has been taken from the people outside of the overt tax system. Let’s design an honest monetary system where issuance cannot outrun real output of goods and services.”

That conversation was built around my writings which were fed into Copilot and my responses to Copilot’s replies over several rounds. I then uploaded that entire conversation to Google’s NotebookLM and asked it to generate a video overview that puts it all into a concise non-mathematical description of what I’m aiming to build? The video it produced is truly awesome in explaining, in terms that virtually anyone can understand, how an honest and effective decentralized money system that is anchored to the real economy can be structured and how it operates.

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