Monetary policy is the process by which a country (via its central bank) manages its money supply and influences interest rates to achieve broad economic goals. When people think about monetary policy, they typically envision central banks, policymakers, and politicians making adjustments and managing the system. But what if monetary policy didn’t need central planners at all? What if it could run autonomously via an algorithm, all while being transparent, impartial, and decentralized? That is exactly what Ampleforth represents: A decentralized monetary system. Algorithmic supply adjustments instead of human intervention. Governance without politicians or central planners. In traditional financial systems, monetary policy is wielded by only a handful of individuals, namely at a country’s central bank (like the US Federal Reserve). These decisions made by central banks regarding inflation, interest rates, or changes in the money supply often carry a political bias that...
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