Is there an example of an economic system with monetary inflation and deflation mechanisms being crowd-driven?
Conversation
Replying to
the capital markets are that way. As times get better, banks and lenders allow more leverage (monetary expansion) opposite in bad times
1
2
Replying to
How big is that set? Big enough to be called a crowd? Or an oligarchy with a central banker dictator?
1
Show replies
Replying to
Thought experiment I made up: FB likes-dislikes economy. A dislike costs 4 likes, a like cancels a dislike. Anyone can "print" a like
1
4
Show replies
Replying to
I mean the direct levers, comparable to ability to issue and retire debt.
Replying to
That's not "people." That's central bankers in consultation with political masters.
2
1
Replying to
Online karma currencies have crowd-fueled inflation lever, but usually not deflation lever.
1
Replying to
Please review these references ► express.co.uk/news/science/6 #space bit.ly/apollodividend #spacekarma
1
1
1
Replying to
1
1
Show replies



