Alternative currency projects sound interesting.
The way I look at it Savings is the immediate factor in inflationary systems. Savings meaning the un-appropriated portion of cash flowing through a banking system. People hold cash which means that more cash has to be made so the people who need cash are getting it while those with cash refuse to spend it.
Additionally, the production of disposable technologies is acting as value loss capital, capital that is obsolete in 4 quarters is the bane of our long term growth. Investors in private equity markets are dumping cash into 3-5 year projects that hope to increase wealth and produce disposable technologies. The entire tech industry reflects the disposability of code throughout the systems that support it.
Think of Apple, the worlds largest growing tangible tech corporation. Read. OS X, iPhone 4. What versions of code and toys will we be on in 100 years?
We can do better in my opinion.
We're using consumerism to exchange cash flow, but would do better imparting currency of diminishing returns. So a person holding cash will experience the loss of value the longer their cash is held, encouraging expenditure on capital toward educating or producing longer lasting projects, and products designed to outlast our attention spans for shiny things. This will encourage our economy to produce more efficient systems of energy, infrastructure, and over the long run, effect a tremendous technological leap in what we are able to achieve (space travel, planetary food supplies, and growth of resources beyond imagination).
In the current system, smart engineers are attracted to low hanging fruit, eating green apples off the lowest branches because they don't mind the bitter taste of a quick harvest. The clever ones are learning working together to build the tools to grow the tallest trees of life, knowledge and pick the ripest fruits in the basking light of the Sun.
WE have this within our reach.
