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.
So I don't think it's a sensible way forward for us at the moment at all. It's regressive and it's certainly not fair in the terms that the government is talking about, and it's certainly not a case of "We are in this together".
An increase in the money supply = A likely relative increase in economic activity. The effects of rapid credit expansion. Inflation is a rise in the general level of the prices of goods and services in an economy over a period of time.
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.
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.