I wrote this over ten years ago. It would have been 2009-10, somewhere in there, while the Occupy Wall Street nonsense was going on and the 1% meme was rolled, after going through focus group testing to validate its manipulative potential.
The irony, of course, is that the 1% meme may well have been created by people connected to Black Rock and Vanguard and State Street, whose existence and ubiquitous relevance I intuited, without being able then to put names on it. But I spoke of de facto trillionaires, and that is what some of them are, and indeed most likely were back then.
I would change some of this, but not the basic thrust of it. It seems to me that cryptocurrencies backed by blockchain (which I honestly really, really don’t understand, although it’s been explained to me over beers in a few places) would meet my standard of an alternative currency, optimally one backed by gold or some other rare commodity; which one does not matter. And even the gold is not necessary: the key element is that the quantity of currency DOES NOT CHANGE. Ever. It can diminish without problems, but not increase. Increase is always counterfeiting and theft.
Anyway, if you want a permanent solution to inflation, here you go. The people who benefit from the system OBVIOUSLY can and will oppose ideas like this with every penny they have. I see no practical way to get any of this done, but suggesting it has to be the first step.
https://goodnessmovement.com/Page23.html
And to be clear, you click on the clock for the actual treatise. It’s obvious enough for most, I would assume, and I’m not posting for idiots, but I still felt a compulsive need to point that out.