Globally we are faced with a colossal problem. Because of its size there is no serious institutional effort to address it. Institutionally, failure is something to avoid, and if that is impossible, it is something to hide. Failure is costly because institutional income is derived from success. That formula erects a wall that prevents institutions from actually succeeding by limiting the scope of their accomplishments. Difficult problems are either avoided or hidden because of their cost. If your house has a leaky roof, mowing the lawn won’t fix the problem. The mowed grass fools people who who are just passing by, but here are a lot of leaky roofs, a lot of homeless people, and many institutions that are capable of doing nothing more than mowing grass. Those institutions trick people into paying too much for a diminishing service with a rising price-tag.
When institutions are inverted, problems are solved to enhance the lives of just a few, while cost is levied on everyone. The previously referred to, “colossal problem,” is how to enhance the habitability of Earth for the benefit of humanity. It is only huge because our institutions are formed upside-down. On their tops they are inefficient. People are forced to work for money, and ignore the mission. The fuel of the institutional engine is money, a shortage of which causes competition, collusion, and criminality, three traits that devalue money, and turn institutions on their heads.
How can we turn institutions right-side-up? Since cost is what steers institutions in the wrong direction, the institutional problem has something to do with money. Printing more just makes it worth less. Inflation is one of those problems that inverted institutions can’t solve because expenses do not diminish unless monetary value increases. The answer to increasing institutional success is to increase the value of money. How is that done? An academic study would clearly show what many people already know, but institutions have monetary incentives to avoid reality and hide the facts. That even includes governmental, educational, and religious institutions.
Money has value because of what it can allow institutions to accomplish. The total amount of money in the world is equal to the best human habitat that it can afford. The value of money only increases if the quality of human existence does the same. Printing more doesn’t buy more. Gold, silver or platinum doesn’t make it worth more. The stock market doesn’t make its value increase. The total value of money is exactly what it provides for humanity.
Food, water, and air are important to human survival, and so is money. Money is like an instrument that measures the resilience of the human spirit. Humanity strengthens it. Inhumanity weakens it. Inflation is not caused by printing too much money. It is caused by placing too little value on what money measures. Humanity is what gives money value.