Changing inflation-based monetary systems
Description
Changing inflation-based monetary systems involves implementing policies and mechanisms to reduce or eliminate reliance on currency models that inherently lose value over time. The strategy focuses on stabilizing purchasing power, curbing speculative cycles, and protecting savings by introducing alternative valuation standards, such as commodity backing or digital currencies. This approach aims to remedy economic instability, prevent wealth erosion, and foster sustainable growth by ensuring monetary systems support long-term value retention and equitable financial participation.
Broader
Constrains
Problem
Value
SDG
Metadata
Database
Global strategies
Type
(D) Detailed strategies
Subject
Content quality
Yet to rate
Language
English
1A4N
V7254
DOCID
13272540
D7NID
200194
Editing link
Official link
Last update
Oct 26, 2020