The Future of Money I

the future of moneyA few days ago I wanted to comment on the book I’m reading now, but the times I have been quite complicated. Fortunately and apparently troubled times and have somewhat subsided.

The book that I read today in my free time is called “The Future of Money” and the author of it is Bernard Lietaer. In this post I will talk a little about it and expose details that so far I found extremely interesting, especially the little stories or comments that are in between.

In itself the book had a major effect on me. I remember being in a bookstore looking for something interesting to read and I found it. Usually books qualify for the description of its back and even through a brief introduction, but I must stress that this is the first book from the prologue where I’ve been attracted to keep reading.

Above all it shows in small events as mentioned earlier various crises that have happened in the world and highlights the case of Argentina as one of the pioneers in this series of crises to come.

The book itself says three promises that are really interesting:

1) We understand the true role of money in a clear and simple language that anyone can understand.

2) We may answer questions such as why we have increasingly less time and money? Why are people obsessed with money? Why is increasing the global currency turbulence? Why scarce productive work? Among many others.

3) discover that there is another way to deal with the global economy and where each of us can take part (and we should be) for it.

Early on in itself shows how the global economy should take a radical change to bring the times to come. It raises the issue of such global aging.

Broadly speaking we think the following, first there is no history to worldwide to the changes ahead. Think that many retirement systems will be complicated by the following figures:

“The United Nations forecasts suggest that by 2050 the number of inhabitants of the planet to be between 65 and 84 years will have gone from 400000000-1300000000 (triple), while the number over 85 will increase from 26000000-175000000 (increased six-fold). Finally, individuals centenarians (100 years or more) that are currently 135,000, will reach 2.2 million (multiplied by 16) ”

I regard that although they may have a large error margin, it does demonstrate how in less than 50 years we must adopt and enforce new global economic policies that basically Consider a person at 65 is already entitled to retire and require the state is maintained, we think that if in a few years over 100 only form an amount of 2.2 million people, there are not many other options to change radically. Are we prepared for that time?

Throughout the book the author raises a very good way what it calls “Sustainable wealth” that would give mankind the opportunity to grow in the material, emotional and spiritual without wasting resources that may be needed in the future. According Lietaer would be a “wise growth”.

This sustained growth is hampered mainly because we are largely unaware of our monetary system. Moreover the monetary system has changed so much that they make the following two questions to see how do not really know the subject from the basics.

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