Economic Solutions to Problems

tldr; Think like a banker

Capitalism with fiat currency as its token under central banks have the drawbacks of

• cyclical consumption to pay debt
• impossible to repay debt
• exponential increase in debt per increase currency
• impossible to pay
• increase in currency without real substance
• demeaning affect on value of human life
• artificial scarcity
• creates propaganda as value
• Gives semi-permanent unfair advantages to those with more capital
• aggregates power in groups and disenfranchises individuals
• incentivizes counterfeiting
• incentivizes abuse of natural resources
• incentivizes corruption
• incentivizes misinformation

Capitalism with commodity backed currency as its token have the drawbacks of

• real scarcity
• aggregates power in groups and disenfranchises individuals
• contextual devaluation
• incentivizes counterfeiting
• incentivizes abuse of natural resources
• incentivizes imperialism to gain resources
• demeaning affect on value of human life
• incentivizes corruption
• incentivizes misinformation

Both have benefits of

• incentivizing production
• incentivizing human cooperation
• common provides unit of measurement for value to humans

The primary role of a banker is to store valuables to humans and create a common unit of measurement that models that value. This facilitates commerce with out complex property exchange logistics.