Read 7 billion peoples lips: mathematically if the world's oldest
and most powerful men choose to it is quite possible to collapse the world to state of Orwellian Big Brotherhoods
or worse our species becomes the next dodo.
The double-dip way to do this is
to organise banking to be the world's most diabolical global market - see video below of
economist martin wolf of financial times on that
to
fail to face up to an awkward problem with currencies; before worlds war 1 major currencies were backed up by
precious metal reserves; a place or a network of people didnt print more money than they could promise to bear in metal; then
major national currencies were replaced by trust (governments were assumed to be democratically responsible about this). The
problem compounds not just if a nation gets led by utterly ignorant government processes but if long term it is clearly going
to be in relative decline to another region, In such circumstances trust-based currencies are perfect ponzi schemes through
which the rich elders rob youthLet us keep our cool . If we
share 7 billion brains there are lots of ways to resolve this.
One I support is to let a particular type
of youth bank print a global currency which might well be called the Yunus. The voting for criteria for eligible banks
should involve our next generation much more than old people but before that we can all explore what sort of banking
models to rely in assuming they are led by hi-trust leaders who operate their charters I personally would buy currency of brac, and jamii
bora and grameen if these banks were issuing it. All are designed around sustaining goals youth want; all have the highest
repayment rates; all can be inspected for their trust integrity flows by randomly sampling the communities they work in .
All have no ownership conflicts as they are owned in trust to sustain the ,most inspiring development long term goals that
are transparently there for anyone to test. I would also love to buy currency in whatever chinese bank for the poor adopts
the type of models of these 3 banks but bring mobile processes and ebay type web markets to the monetary transactions; as
europe's senior economist (my dad) said in the last article he wrote- the potential for 10 to 100 times lower cost community
banking offered by mobile connectivity is the most gigantic economic breakthrough any generation has had the good fortune
to network round. 2010s can be the most exciting decade if we truly want to practice pro-youth economics for every
one and our next generations not economics monopolized by rules made and sponsored by the big get big and the least responsible
become ever less responsible.
Is
this a dream or a reality? The amazing thing is that we have some young billionaires to celebrate thanks to their smart networking
innovations; and some who have already committed that they will; invest most of the wealth in humanity before they become
old. If they invested in the multi-win “social business” models that sustain youth banking
and youth's greatest goals for 2020 - all of the above could be easy to celebrate, and much easier to do than rocket science.
If you want to rehearse whether this is true I suggest you look at SB51 models- you can treat these as games or as serious
sustainability investment models. As far as I am concerned they represent the most exciting and sustainable exponential maths
and economics I have seen, and if you can find me a mathematician who disagrees, I will fly them an all expenses paid trip
to washington dc to publicly debate that with me.