TRUST FACTOR IN EVOLUTION OF MONEY
The paper studies evolution of money in the history of the world culture, viewed through increasing the level of trust from the nature to the state, from the state to the social institutions, from social institutions to the private individual. The paper illustrates the idea of introducing fiduciary ranking individuals as the basis of human capital, under which there could be extra money issue.
Keywords: trust, money printing, the evolution of money, fiduciary rating.
Konstantin Y. Surikov, Head of the Central Bank of the Russian Federation in the Samara region.