John Gilbert


<p>Global energy shortages, cycles of hoarding, closing business and declining purchasing power can be traced back to poor monetary policy. For decades now, we spent more than we had and promised more than we could deliver. And now it looks like Friedman was right — you can’t increase the money supply without increasing inflation. Individuals and nations are struggling to break out of this spiraling cycle — and even leveraging the threat of war to avoid it. This series will explore how we got here and what blockchain stablecoins need to provide a better reserve currency and a more stable world.</p>



<h2>Part 1: What’s broken</h2>



<div class="wp-block-media-text alignwide is-stacked-on-mobile" style="grid-template-columns:30% auto"><figure class="wp-block-media-text__media"><a href="https://blockworks.co/news/how-broken-monetary-policy-fuels-instability"><img decoding="async" loading="lazy" width="1024" height="576" src="https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Untitled-design-5-1024x576.png" alt="How Broken monetary Policy Fuels Instability" class="wp-image-41102 size-full" srcset="https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Untitled-design-5-1024x576.png?w=1024 1024w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Untitled-design-5-1024x576.png?w=300 300w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Untitled-design-5-1024x576.png?w=768 768w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Untitled-design-5-1024x576.png?w=1536 1536w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Untitled-design-5-1024x576.png?w=428 428w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Untitled-design-5-1024x576.png?w=464 464w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Untitled-design-5-1024x576.png?w=389 389w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Untitled-design-5-1024x576.png?w=80 80w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Untitled-design-5-1024x576.png?w=50 50w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Untitled-design-5-1024x576.png?w=1600 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure><div class="wp-block-media-text__content">
<h3><a href="https://blockworks.co/news/how-broken-monetary-policy-fuels-instability" target="_blank" rel="noreferrer noopener">How Broken Monetary Policy Fuels Instability</a></h3>



<p>Why unstable money isn’t safe for the world and how to understand monetary policy</p>
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<h2>Part 2: What are people doing today about it?</h2>



<div class="wp-block-media-text alignwide is-stacked-on-mobile" style="grid-template-columns:30% auto"><figure class="wp-block-media-text__media"><a href="https://blockworks.co/news/the-investors-guide-to-stablecoins/"><img decoding="async" loading="lazy" width="1024" height="576" src="https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Investor-Guide_Stablecoins_v01-1024x576.jpg" alt="Investor Guide to Stablecoins" class="wp-image-40777 size-full" srcset="https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Investor-Guide_Stablecoins_v01-1024x576.jpg?w=1024 1024w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Investor-Guide_Stablecoins_v01-1024x576.jpg?w=300 300w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Investor-Guide_Stablecoins_v01-1024x576.jpg?w=768 768w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Investor-Guide_Stablecoins_v01-1024x576.jpg?w=1536 1536w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Investor-Guide_Stablecoins_v01-1024x576.jpg?w=428 428w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Investor-Guide_Stablecoins_v01-1024x576.jpg?w=464 464w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Investor-Guide_Stablecoins_v01-1024x576.jpg?w=389 389w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Investor-Guide_Stablecoins_v01-1024x576.jpg?w=80 80w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Investor-Guide_Stablecoins_v01-1024x576.jpg?w=50 50w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Investor-Guide_Stablecoins_v01-1024x576.jpg?w=1600 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure><div class="wp-block-media-text__content">
<h3><a href="https://blockworks.co/news/the-investors-guide-to-stablecoins/" target="_blank" rel="noreferrer noopener">The Investor’s Guide to Stablecoins</a></h3>



<p>A dive deep into the types of monetary policy alternatives that stablecoins offer</p>
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<h2>Part 3: What is the right way forward?</h2>



<div class="wp-block-media-text alignwide is-stacked-on-mobile" style="grid-template-columns:30% auto"><figure class="wp-block-media-text__media"><a href="https://blockworks.co/news/what-is-an-inflation-hedge-finding-stability-in-todays-market/"><img decoding="async" loading="lazy" width="1024" height="576" src="https://blockworks-co.imgix.net/wp-content/uploads/2022/12/The-inflation-hedge-1024x576.png" alt="The inflation hedge" class="wp-image-41089 size-full" srcset="https://blockworks-co.imgix.net/wp-content/uploads/2022/12/The-inflation-hedge-1024x576.png?w=1024 1024w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/The-inflation-hedge-1024x576.png?w=300 300w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/The-inflation-hedge-1024x576.png?w=768 768w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/The-inflation-hedge-1024x576.png?w=1536 1536w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/The-inflation-hedge-1024x576.png?w=428 428w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/The-inflation-hedge-1024x576.png?w=464 464w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/The-inflation-hedge-1024x576.png?w=389 389w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/The-inflation-hedge-1024x576.png?w=80 80w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/The-inflation-hedge-1024x576.png?w=50 50w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/The-inflation-hedge-1024x576.png?w=1600 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure><div class="wp-block-media-text__content">
<h3><a href="https://blockworks.co/news/what-is-an-inflation-hedge-finding-stability-in-todays-market/" target="_blank" rel="noreferrer noopener">What Is an Inflation Hedge? Finding Stability in Today&#8217;s Market</a></h3>



<p>A guide to the various inflation hedging tactics and how they can be used in stablecoins</p>
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<h2>Part 4: What will the future look like?</h2>



<div class="wp-block-media-text alignwide is-stacked-on-mobile" style="grid-template-columns:30% auto"><figure class="wp-block-media-text__media"><a href="https://blockworks.co/news/what-it-takes-to-tokenize-the-world/"><img decoding="async" loading="lazy" width="1024" height="576" src="https://blockworks-co.imgix.net/wp-content/uploads/2022/12/What-it-takes-to-tokenize-the-world-1024x576.png" alt="What it takes to tokenize the world" class="wp-image-41090 size-full" srcset="https://blockworks-co.imgix.net/wp-content/uploads/2022/12/What-it-takes-to-tokenize-the-world-1024x576.png?w=1024 1024w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/What-it-takes-to-tokenize-the-world-1024x576.png?w=300 300w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/What-it-takes-to-tokenize-the-world-1024x576.png?w=768 768w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/What-it-takes-to-tokenize-the-world-1024x576.png?w=1536 1536w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/What-it-takes-to-tokenize-the-world-1024x576.png?w=428 428w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/What-it-takes-to-tokenize-the-world-1024x576.png?w=464 464w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/What-it-takes-to-tokenize-the-world-1024x576.png?w=389 389w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/What-it-takes-to-tokenize-the-world-1024x576.png?w=80 80w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/What-it-takes-to-tokenize-the-world-1024x576.png?w=50 50w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/What-it-takes-to-tokenize-the-world-1024x576.png?w=1600 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure><div class="wp-block-media-text__content">
<h3><a href="https://blockworks.co/news/what-it-takes-to-tokenize-the-world/" target="_blank" rel="noreferrer noopener">What It Takes To Tokenize the World</a></h3>



<p>Asset backed stablecoins require a future where value in the physical world has a digital representation that can be owned and managed by anyone.</p>
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<h2>About Our Sponsor</h2>



<div class="wp-block-media-text alignwide is-stacked-on-mobile" style="grid-template-columns:30% auto"><figure class="wp-block-media-text__media"><a href="https://blockworks.co/news/about-our-sponsor-reserve/"><img decoding="async" loading="lazy" width="1024" height="576" src="https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Slide-16_9-24-1024x576.png" alt="About Reserve" class="wp-image-41042 size-full" srcset="https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Slide-16_9-24-1024x576.png?w=1024 1024w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Slide-16_9-24-1024x576.png?w=300 300w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Slide-16_9-24-1024x576.png?w=768 768w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Slide-16_9-24-1024x576.png?w=1536 1536w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Slide-16_9-24-1024x576.png?w=428 428w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Slide-16_9-24-1024x576.png?w=464 464w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Slide-16_9-24-1024x576.png?w=389 389w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Slide-16_9-24-1024x576.png?w=80 80w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Slide-16_9-24-1024x576.png?w=50 50w, https://blockworks-co.imgix.net/wp-content/uploads/2022/12/Slide-16_9-24-1024x576.png?w=1600 1600w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure><div class="wp-block-media-text__content">
<h3><a href="https://blockworks.co/news/about-our-sponsor-reserve" target="_blank" rel="noreferrer noopener">Reserve</a></h3>



<p>Reserve Protocol aims to protect consumers from the effects of high inflation and hopes to one day eradicate it.</p>
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Narrative Week