IDEA · ECONOMICS

The Case for Personal Monetary Sovereignty

What if productive capacity — not centrally issued currency — is the starting point?

Money can be understood as a transferable claim on future productive capacity. If that is true, a basic question follows: why must the authority to issue such a claim begin somewhere other than the individual whose future production ultimately backs it?

The question

Can an individual issue a credible claim against his or her own future production, and can that claim become useful to other people without requiring a central issuer?

What would have to be true?

The claim would need limits. Other people would need a way to evaluate credibility. Commitments would need to be visible. Failure to perform would have consequences. Over-issuance would need to become expensive to the issuer rather than to everyone else.

Why Idareus?

A monetary theory can be internally coherent and still fail immediately when real people use it. The useful next step is not another thousand pages of argument. It is a small, observable experiment.