I would like to see structures of credit visualised, and used to compare different designs. E.g the bank trusts individuals, the government trusts the banks to manage credit and the taxpayers trust the government not to finance bank losses. In mesh and mutual credit the diagrams are simple, In many complementary currencies though, its not clear at all where the risk and responsibility lies.
I would like to see structures of credit visualised, and used to compare different designs. E.g the bank trusts individuals, the government trusts the banks to manage credit and the taxpayers trust the government not to finance bank losses. In mesh and mutual credit the diagrams are simple, In many complementary currencies though, its not clear at all where the risk and responsibility lies.