Outline for "Ideal Money and Asymptotically Ideal Money"

    This paper evolved from my earlier study called "Ideal Money". When 
I learned about the recent popularity, among "central bankers", of the 
idea called "inflation targeting" I was led to the inference that there 
is the possibility of the evolution of the typical quality of a national currency and therefore of the ultimate possibility of what can be called "asymptotically ideal money". That phrase stands for a sort of money that 
is not at first recognizably of "ideal" type in relation to the phenomena 
of inflationary deterioration of value but which could become, in an "asymptotic" sense, of that quality.
    Regarding the underlying study of "ideal money" we can remark that 
money is an artifact of civilization. But so also is the standard kilogram which is a mass of platinum-iridium alloy that is kept in a special international institution near Paris. But while the measure of the kilogram can be regarded as invariant with regard to various places and times on the Earth the value 
of monies used as currency varies with the effective political regime and with time rather than as if being like the value of the precious metals 
in the standard kilogram.
    Money can also be regarded as a technological development comparable 
to the wheel and of similar antiquity.  We have remarks about the history 
of monetary systems and about issues of comparative quality or merit. And 
we have a specific proposal about how a system or systems of "ideal money" might be set up and employed. We also criticize the "Keynesian psychology" in relation to the history of the influence of "the Keynesians" on the practical characteristics of national currencies.

                   Asymptotically Ideal Money

    While "ideal money" could be established as if instantly by a large scale adoption of an appropriate convention it may be more likely, in the real world of varied national circumstances and of political realities, 
that an evolutionary process will occur leading to the "asymptotic" result of the use of money having stable value and thus money of "ideal" quality. We discuss some of the relevant factors here.