Our idea: thinking in terms of real value
We believe that one of the main problems we face today is that the current financial and monetary system is decoupled from the real economy. Consequently, the solution is to bring the two back together.
Money must be anchored to assets that have a connection to the real economy if its core functions are to be permanently preserved and if today’s aberrations are to be rectified.
Following the introduction of the euro, we thought long and hard about different possibilities and considered various ways of backing a currency. The “RealUnit” emerged as the most effective, efficient and sustainable. We became convinced that an optimal currency should be backed not only by gold, but rather by productive capital goods that are important to the underlying economy.
The concept of the RealUnit is therefore based on the idea that a stable currency should be backed by capital goods that ideally move in lockstep with the real economy. The results would be more stable money and more tame, smoother business cycles – both developments being in the interest of the general public.