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THE FUTURE OF MONEY Bernard A. Lietaer - library.uniteddiversity ...

THE FUTURE OF MONEY Bernard A. Lietaer - library.uniteddiversity ...

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'The modem crises are, in fact, man-made and differ from many of<br />

their predecessors in that they can be deem with.'<br />

- Second Report to the Club of Rome.<br />

Once upon a time, the very inventive inhabitants of an<br />

extraordinarily lush and beautiful planet created, much to their<br />

surprise, a gigantic machine. Most surprising to them was the<br />

discovery that this machine compacted time. Because of this<br />

remarkable feature, their colossal invention actually forced them to<br />

become aware of some incompatibilities that lay precariously<br />

between their most cherished, well-established habits and their own<br />

survival.<br />

One day, these people realized that four powerful megatrends were<br />

converging like giant pistons towards the same place and time.<br />

Perhaps because they had each been generated by the very inventive<br />

people themselves, these four megatrends were hard for the people<br />

to see, and harder still for them to address. The Time-Compacting<br />

Machine created by these ingenious, yet sadly shortsighted, people is<br />

represented in Figure 1. If you look closely, you may find that these<br />

people, their planet and their Time-Compacting Machine are very<br />

familiar.<br />

This extraordinary Time-Compacting Machine consists of four giant<br />

megatrend pistons moving at varying speeds towards the same<br />

destination. Imagine that two pistons are like icebergs an Age Wave<br />

and Global Climate Change and Species Extinction - both moving at a<br />

glacier-like pace, but with inexorable inertia, towards the same place<br />

and time. The other two giant pistons - Monetary Instability on one<br />

side and the Information Revolution on the other are moving faster and<br />

more erratically, like ships - Titanics - and are also heading towards<br />

the same place and time.

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