Society using currency based on people?

Poll - Total Votes: 2

Yes

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Has anyone else read Population Protocol?

It talks about the International Monetary Unit being tied to population!

*They always announce things ahead of time don't they?

It seems to be targeted towards the youth and do you think they were referring to BRICS and what's happening with oil?

Do you think currency tied to people is better than Fiat currency?

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BlueVeins · 26-30

I don't think anything's ever going to beat fiat currency. Generally you want to be able to control the inflation rate and keep it around 2-3% per year. That way, keeping cash under a mattress is a net financial loss, so people have to invest it in some way or another, and the money still retains enough value to be used in day-to-day purchases or whatever. There's no currency that's going to be easier to control than one with arbitrary value set by the government.