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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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were further refined by the Global Business Network founded by<br />

several Shell alumni, and later published by Peter Schwartz.<br />

The Official Future: ‘more of the same’<br />

The Official Future that we art: told we can expect during the<br />

coming decades is usually based on an extrapolation of what has<br />

happened over the past 20 years or so.<br />

For example, in the Official Future the same political parties are<br />

expected to continue to vie for power in the same places.<br />

Schoolchildren will continue to learn roughly the same things as did<br />

their predecessors. The same crops will be grown, harvested, sold,<br />

prepared, and eaten in much the same way as in the past. Computers<br />

will continue to become faster, cheaper, smaller. We will still pay for<br />

our purchases with our familiar dollars, pesos, pounds, francs, reales<br />

or yen. We may use 'smart cards’ instead of the old bills, magnetic<br />

credit cards or cheques. We may store our small change in an<br />

electronic purse instead of a leather one. Europeans will have<br />

adjusted to using a common currency instead of the national ones.<br />

But when all is said and done, how much of all this really matters?<br />

In the more rarefied spheres of the global monetary system, we may<br />

expect an occasional crisis to shake some individual countries such as<br />

happened For the UK in late 1991, Scandinavia in 1992, Mexico in<br />

December 1994, Thailand in June 1997, Indonesia in December 1997,<br />

Russia in September 1998 and Brazil in January 1999. Once in a while,<br />

the press may also herald a ‘grand scheme'. Such schemes are given<br />

names, such as the 'Plaza Agreement' or the 'Maastricht Treaty',<br />

pinpointing the place where the agreement was made, but giving no<br />

indication of the pragmatic implications for the rest of us.<br />

This Official Future boils down to a continuation of what we have<br />

lived with during the past couple of decades. But the real problem

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