In brief
- Six stages lead from creative work to money, and each one protects the next.
- The order is the design: issue first and look for value later, and you have speculation.
- Every unit in circulation can be traced back to verified creative work.
The S₵ Monetary Framework describes a single path from creative work to money. It has six stages, and each one exists to protect the next.
Verified Creative Production. Work enters the economy only through verification. Nothing unverified moves further.
Verified Value. A verified work becomes a candidate for economic recognition. It is now something the economy can reason about.
Valuation. Value is assessed according to the framework’s published method. Valuation is where judgement meets rules, which is why its method belongs in public documentation rather than in private discretion.
Monetary Policy. Assessed value does not automatically become money. Monetary policy decides how, when and in what proportion recognition takes place, so that the unit retains meaning over time.
Issuance. Within policy, S₵ — Sanaa Credits — are issued as monetary recognition of verified value. The result is a unit whose existence can be traced back, step by step, to verified creative work.
The order is the design. Reverse it — issue first and look for value later — and you have speculation. Keep it, and every unit in circulation has a documented origin. That traceability is what allows a monetary system to be trusted by people who never see its inner workings.
| Stage | The question it answers | What it prevents |
|---|---|---|
| Verified production | Is there a dependable record? | Money created from claims |
| Valuation | What is it worth, by what method? | Private, unexplained pricing |
| Monetary policy | How much recognition, and when? | Supply that follows mood, not rules |
| Issuance | Is the unit traceable to its origin? | Units with no documented source |