O-Conomy

Our Fiat won’t make it through the 21st century!
Not the car, the money.

Those IOUs that we’ve been borrowing from our children’s future with no payback guarantees, cannot ever manage the future risks of our fiat based funds. Roll the dice on incubators and accelerators to create production efficiencies all we want, most of our money will still be wasted with the inefficient and unaccountable economic tools of the past.

Current complications of climate, capital and community crises, only compound this situation, and we desperately need simplicity and agility to adapt to these challenges in real time right now. New ways of managing systemic risks with clear accountability and cooperation between you and me, not more empty promises and projections.

Globally, there is approximately $68T of institutional capital sitting on the sidelines, not doing much besides providing portfolios so called “liquidity” without much accountability. Meanwhile, there is a $30T hole in global pension funds, a global debt crisis, and an increasingly urgent need for that liquidity to be reinvested into the real economy.

Existing “assets” may show performance, but this is propped up on speculation, unsustainable buybacks, and doesn’t hedge well against systemic risks. Big funds and portfolio managers may be talking impact assets now, though of the…