Relative theory of money

The Relative Theory of Money (RTM) is based on the recognition of four economic freedoms, which are:

• the freedom of choice of a monetary system (money is not a duty);
• the freedom to use (economic and monetary) resources;
• the freedom of estimation and production of any value (a principle of economic relativity);
• the freedom to exchange by using a currency (pricing and accounting with the selected currency).

RTM leads to the result that the creation process of a currency respecting these freedoms, must be based on a Citizen's dividend, which amount only depends on the current Money supply, on the amount of people using the currency, and their average life expectancy.

The first developments of the RTM (books numbered 1.0, 2.0, and 2.718) developed by Stéphane Laborde (engineer), are prefaced by Yoland Bresson (economist).