Welcome in a world of monetary madness!

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One of the great paradoxes in life is money. Or rather people's attitude towards money. Like it or not, in practice most of people's lives are centered around money. As the means to survive or thrive. From an early age, children are taught the knowledge and the skills to be able to earn income.  Once we are capable of it, we spend the majority of our lives on earning money.  And this does not only apply to individuals. The same goes for governments focused on a country’s economic engine able to generate the tax revenues to keep the government going. 

But how come both individuals as governments dedicate so much time and attention to something they know so little about? What does the average citizen, government official or member of parliament, know about money, the economy, the monetary system, monetary policies?

Ignorance of the economic and monetary and financial systems is not without consequences. Due to an inability to differentiate between cause and effect, individuals, businesses, and nations frequently make decisions that result in unintended adverse effects. Concentrating on addressing symptoms rather than resolving the underlying foundational issues, which frequently stem from comparable behaviors in the past.

Take wealth distribution as an example. Politicians concerned with the lowest socioeconomic class tend to focus on support measures but forget that their policies may be the cause for a portion of this middle class ending up in this group. 

Or politicians concerned about the young generation not being able to rent or buy a house, not realizing that the rising cost of shelter is a function of their own policies.

An even bigger problem is the lack of interest in the monetary and economic system and the practiced monetary policies. Since this is the foundation of welfare and a force that deserves the highest level of respect. But in practice the people and politicians leave this in the hands of a small group of ‘experts’ with no public representation at all.

Even worse, the monetary, economic, and banking systems have shortcomings. Which the beneficiaries actively exploited over decades. Which distorted the balance of power between actors and eliminated the ability of the system to self-correct. 

This all has a significant but hidden impact on individual, societal and geopolitical level. That may result in in equality, social unrest at best and geopolitical tension or even wars at worst - as proven over thousands of years of monetary history.

Money - and the associated economic, monetary and financial systems - is one of the most powerful man-made abstractions.  The questions revolve around how they operate, who holds control, what elements should be subject to control, and whether they function against or in the interest of societies. 

Both individuals, societies and governments can improve wellbeing by taking accountability for the systems and policies. Therefor it is essential to understand, challenge and govern the system. It is about taking accountability, rather than leaving 'others' without any representation.

Monetarymadness is all about one of mankind’s most fascinating and powerful constructs…money.