Futuristic Money
My friend, the chemist and economist Peter Bowman, reminds me that money is ‘crystallised trust’. Another friend, the Art Historian Andrew Spira, describes money as ‘a promise’ . That is certainly what it says on the bank notes. And of course a promise and trust in that promise are intimately related. What is a promise that one cannot trust? Just useless words. But this view of money is profoundly immaterial. Ironic then that money in many descriptions is that great lubricant