NaturalDecay

Table of Contents

• Natural Decay
  • Applying natural decay to money?
  • Natural Economic Order

Natural Decay

Most of the greatest innovations of human mankind have been inspired by nature. Our current monetary system is designed such that value can be stored forever and can even grow exponentially via interest. We might be used to this but it is entirely against principles of our nature. The reason why we exploit and ruin our plant is because our current money is setting the wrong incentives. So what can we learn from nature about values? Nature showers us with food and all we need for our daily life for free. Did you ever pay a tree for picking an apple? While in nature also young life grows exponentially there is a force working against it that is stronger. The natural decay ensures that nothing stays forever.

So as an example nature gives us a strawberry for free. If we found and picked it, we own it. It has some value for us and can feed our hunger. However, if we just keep the strawberry without using it, decay will let it rot slowly. This applies to all goods continously created by nature. Some of them like wood will rot slower but nothing lasts forever.

Applying natural decay to money?

It may sound odd in the very first place to apply this principle to money. We are used to the fact that money is not rotting. This is especially true for digital money. However, it is a very smart idea to apply natural deay to a digital crypto-currency. Of course its value should not rot as fast as fruits, but it should slowly loose value over time. This has the following benefits:

• More justice

• Positive creation

• Increased circulation speed:

  Natural decay increases flow as the value can not be stored forever. The big problem of all our financial crisis has been hoarding of money.

Natural Economic Order

In 1949 the smart economist Silvio Gesell published his major work Die natürliche Wirtschaftsordnung (in English The Natural Economic Order).

He proposed to apply natural decay to our money (including paper money). Also he suggested a land reform to make our land a common good (again), so people will not escape the natural decay by shifting their value from money to land. The middle ages have already shown us what happens if a few rich people own the land and the poor farmers have to borrow it from them.