Dear Mr. Daly, Money is a most ingenious invention. It's a medium of exchange, a standard of value and a store of wealth.
Money makes possible an economy based on the division of labor and the exchange goods and services.
In contrast to these qualities is the fact that national money values production related to the destruction of natural production capacity. This component of national money contributes to the dilemma of sustainable development. The negative effect of national money can be offset by designing global money that values natural production capacity. The life-sustaining of value of this new money creates a natural production economy. The Global Resource Bank, which is accessible through the Internet, issues electronic Global dollars that value natural production capacity.