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THE FUTURE OF MONEY Bernard A. Lietaer - library.uniteddiversity ...

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emember that the 'cybersphere' was defined as the ideal space where<br />

the Money Wave will be able to develop fully.<br />

3. The Money Wave<br />

This entire book is about this third wave. This 'Money Wave' has<br />

been chronicled here as the birth of currency systems, which<br />

complement the official national currency system. Our official money<br />

system was shown to be an extreme Yang construct and the<br />

monopoly of such currency has locked our societies into an extreme<br />

Yang value system. What is proposed here in Taoist medical<br />

terminology is 'to calm the Yang and activate the Yin'. Pragmatically,<br />

the Global Reference Currency is a device that would 'calm the Yang',<br />

and the activation of local complementary currencies a means to<br />

'activate the Yin'.<br />

The ongoing money innovations are more compatible with cooperative,<br />

feminine-type interactions. Far from being anecdotal<br />

curiosities, these new money systems turn out to be an integral part<br />

of the broad societal Value- Shift Wave described above. Seen from<br />

this perspective, these currency innovations fit into the general shift<br />

towards Yin priorities highlighted earlier which includes changes in<br />

the paradigms in science to in medicine, politics and gender relations.<br />

I claim that if we make available to people stable currencies in<br />

sufficiency, they will move towards Sustainable Abundance as<br />

predictably as water flows downhill.<br />

How the 'Money Wave' could pragmatically play itself out in a<br />

multiple- level currency system will be described in the next section.<br />

A monetary system for Sustainable Abundance

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