Tag Archives: energy-backed currency

Objective Money Solution

Peter Rae, a former banker banker and brilliant economist, has proposed a similar alternative to Evolutionary Advantages of an Energy-Backed Currency called the “objective money solution”.  It values money against the energy balance sheet of the nation or community, and bases … Continue reading

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Energy-Backed Currency

The Evolutionary Advantages of an… Energy-Backed Currency The problem with money The problem with money is that it either has to have intrinsic value in itself, like gold, or it has to be backed by or exchangeable for something that … Continue reading

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