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

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

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Stories<br />

There will also be stories mat take many forms, from totally real to<br />

quite imaginary. Although they make a point where they appear,<br />

they can also stand-alone.<br />

Invitation<br />

Finally, I would like to thank everyone from almost every country in<br />

the world, who has contributed, knowingly and unknowingly, to my<br />

grand tour of duty in money systems. Each of you has made an<br />

invaluable contribution to this chronicle of new ways of looking at<br />

money. Thank you from the bottom of my heart.<br />

And, if we are meeting for the first time here or we are old friends<br />

or passing acquaintances, I now invite you to turn the page and<br />

explore the choices that await us all as we prepare for, and trust in, a<br />

deeper grounding to our common wealth.<br />

Part One:<br />

What is Money?<br />

- 'Economics is about money, and that's why it is good.' - Woody Allen<br />

- And money is about ... what?<br />

- 'Money ranks as one of the primary materials with which mankind builds<br />

the architecture of civilisation.' - Lewis Lapham<br />

- 'We invented money and we use it, yet we cannot ... understand its laws<br />

or control its actions. It has a life of its own.' - Lionel Trilling<br />

When we think about money, we tend to take for granted its basic<br />

characteristics, which have remained unchanged for centuries. We<br />

are not likely to visit the hidden assumptions embedded in our

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