The Washington Consensus refers to a set of ten economic policy prescriptions that emerged in 1989, coined by British economist John Williamson. These policies were designed to guide developing countries, particularly in Latin America, towards economic stability and growth during times of crisis. The term "Washington Consensus" reflects the shared views of key Washington, D.C.–based institutions: the International Monetary Fund (IMF), the World Bank, and the U.S. Treasury Department.
When Market Price exceeds Cost to Mint, the protocol generates basic monetary sustainability from inflation revenue alone.
Fee revenue provides additional economic security beyond basic monetary sustainability, creating a buffer against market volatility.
The combination of monetary sustainability and fee revenue creates robust economic resilience that can withstand significant market downturns.
When profitability reaches 25% or greater, the protocol can begin implementing fee reductions while maintaining economic stability, evolving toward a public utility model.
Economic metrics are quantitative tools used to assess the performance, stability, and growth of an economy. These indicators—such as GDP, inflation, unemployment rate, and trade balance—help policymakers, investors, and analysts understand economic trends and make informed decisions.
Economic security refers to the condition in which individuals, households, and nations have stable income or resources to meet their essential needs—such as food, housing, healthcare, and employment. It encompasses protection from economic risks like job loss, inflation, and poverty, and is vital for long-term social stability and development.
Infrastructure evolution refers to the continuous development and modernization of physical and digital systems—such as transportation, energy, water, and telecommunications—that form the backbone of a functioning society. As technology advances and populations grow, evolving infrastructure is essential to improve efficiency, resilience, and accessibility in both urban and rural environments.