While having money is private affair, the value of money is a commons. Like many other commons, money is a social agreement on what we value and how that value is exchanged and passed on. Let’s imagine for a moment.
Let’s imagine that the value of money is tied to the quality and availability of water to serve life in the Great Lakes basin. Since we are water, the water’s benefit is our benefit. We know economics is a sub-system of ecology and our money system needs to reflect this, not subvert it.