QPQ-AG/public-wiki
12
0
Fork 0
Code Issues Pull Requests Actions Packages Projects Releases Wiki Activity

Add Monetary Mechanics

Craig Everett 2026-02-06 20:10:03 +09:00
parent 4a2e7cdcef
commit 6df88f471e
1 changed files with 11 additions and 0 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

11
Monetary-Mechanics.md Normal file

@ -0,0 +1,11 @@
# Monetary Mechanics
![Monetary Mechanics](../../raw/branch/master/img/MonetaryMechanics.jpeg)
At a basic level, there are three ways that money is implemented:
1. Commodity reference: reserve notes, bonds, etc.
2. Debt issuance: today's fiat currencies
3. Ledger-based currency: Yap Rai in precolonial Micronesia, cryptocurrency today
One could spend decades elaborating on these categories, but the point would remain that there are varying mechanics available that can be used to convey common faith in a future value.