A monetary system can be a fantastic thing for advancing society. It allows for free-trade and enterprise. More importantly, having a financial system that rewards success can create competition between industries; encouraging technological advancements and innovation at a rate the world has never experienced before.
There is, however, a cancer at the very source of our modern financial model that continues to go untreated—the issue of economic inequality.
The unfair distribution of wealth has led to extreme poverty for billions of people. Around 2,000 individuals hold the elite status of ‘Billionaire’, while 80% of the entire human population survive on less […]
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