You probably already heard the term circular economy. The idea to re-use waste in our production processes, thereby creating a sustainable economy which doesn’t exhaust our planetary resources and which doesn’t pollute our air, water and soil. We at Circular Money are proponents of this idea and we believe something is missing. You guessed it: a circular monetary system.
More and more people are becoming aware of the fact that we are trying to establish a circular economy on an inherently non circular monetary system. We believe that this creates non necessary obstacles that stand in the way of creating that circular economy everyone is striving for.
It doesn’t stop there however. Our current monetary system is influencing us in not so positive ways. For one, people who have just handled money are less willing to share and less willing to help others. This behaviour is noticeable … from the age of 3! Yes, 3 year olds who play with money are afterwards less willing to share and less willing to help others. This does not happen when you let them play with candy, something that would arguably be more desirable to them than money.
If you add to that all the destructive activities that are done for monetary gain (clearcutting, polluting, war, human trafficking, …) we are looking at a pretty bleak picture. In short, our current monetary system is driving our society off the proverbial cliff.
This is not because of money in itself however but because of the way our money flows through our society, caused by how the current monetary system has been designed. There are plenty of examples where a different kind of money causes people to look after each other more. Most of these alternative currencies are small scale and act on a local basis. This is good but not enough. We need an alternative on a larger scale. And that is our goal: to offer an alternative that is scaleable up to a global level.