The debt will become too much, people will start defaulting again.
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There was a futures market in tulip bulbs, because you don't know what's going to come out of the ground. So we see already, 400 years ago, that a money system or a financial system, is not something that exists in the abstract, somewhere out there in the ether, but something that was to do with states, power, trade, and how they interact with each other.

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This was the idea that led to the idea of public shares: a piece of the action that anybody could invest in.

What they didn't realise was that many of the very, very rare patterns on tulips were caused by a virus, not genetic. But they traded them to the extent that bulbs got to the point where they were worth ten times the average annual salary of a person working in the Netherlands.

So if we have a money system where the rules value community and connection between people within communities, over time you build up a better and more wealthy basis for a diverse local economy.

It's not even shadowy.

We can actually build our own currency systems which work to improve the relationships between people within communities, where people work and share a lot of the economic benefits from the wealth they are creating and they are constantly using that wealth they're creating to build positive relationships with other people within that area.

However, this measure is deemed to provide a consistently low figure for inflation. Interestingly, house prices, mortgage repayments and council tax are excluded, yet apps and dating agency fees are included.