&gt; &quot;Who is the transparent group? How are they held accountable? Aren&#x27;t they a de facto part of the government by virtue of being able to govern the flow of money, whether or not they&#x27;re a de jure part of the government?
What is the incentive structure and how does it penalize gamesmanship? How is the group ruled and why can&#x27;t 51% of it say that we want to create all of the money for ourselves?&quot;<p>The group may be appointed in a number of different ways, though I suspect it&#x27;d be mostly down to standard job hiring, with some key positions appointed by government. If it helps, I imagine it&#x27;d be similar process to how judges are appointed.<p>However, it&#x27;s important that the money creation group not be part of government. Furthermore, they do not dictate the flow of money, but rather the amount of new money. Any attempt for a non-elected body to control how money is spent opens up a whole host of potential problems. Instead, it is the government that would decide how new money would flow into the economy, i.e. what that new money was spent on.<p>In terms of gaming the system, there&#x27;s always a risk of gaming any system, but it&#x27;s important to be clear that the decisions on how much new money is available and how that money is spent are being made by two different groups of people. Let&#x27;s put it like this, if you wanted to game this particular system, how would you do it?