This is a very interesting and complex subject. One thing that I've noticed over the years is that the monetary accounting system is broken. Humanity today( particularly the west) is wealthy beyond all dreams of avarice of just a few centuries ago.
For example computer memory. At one time a gigabyte cost a trillion dollars...now it's basicly free. This has happened in the last seventy years.
Another example is artificial light. At one time an hour of artificial light cost hundreds of hours of labor ...now it cost less than a second of work.
Those are but TWO examples..there are millions more.
But we don't realize it because the monetary system is broken. We mistakenly think that something is getting MORE expensive when it's really getting cheaper. We think that because the money we use is being devalued.
History is a lie.
If we learn from a lie where does it get us?
I agree with you regarding the devaluation of fiat money. The benefits from technology can be used to make the world an overall more prosperous and enjoyable place for people to live within if we can only get the economic system "right."
I'm of the opinion that either an economy is a chaotic system and thus too complex to understand...
OR
It doesn't fit the 'narrative' and thus it must be changed.
how well has that worked?
One of the first things I learned in munitions was.
"if you don't understand it completely...
DON"T FUCK WITH IT.
a word to the wise...etc.
History is a lie.
"If we learn from a lie where does it get us?"
that's completely perfect and you could explain your opinion through the well chosen 2 examples
from my point of view, we need 3 basic tools which are:
1- money
2- technology
3- knowledge
that's all we need
just two.
Money (and language) ARE forms of technology.
as a matter of fact you could say that humans are natural cyborgs.
without tech you die.
maybe that's right, but I think without money, there will not be technology
money is an invention
ALL inventions ARE technology.
Money is technology.