How to use LOCAL CURRENCIES to HALF the public (national) DEBT
If Ithaca Hours (local currencies) gain momentum, with Ithaca Hours you could buy Treasury Bonds at say, twice the nominal price to help USA to half the public debt. This because Ithaca Hours carry on only the printing press cost. This will introduce something totally unknown to central banking: COMPETITION and FREE MARKET. Are "THEY" ready to accept this challenge? This is my best EVOKE IDEA and it is interesting for EVERY country.
Note: Once you introduce a competing buyer on the Treasury Bond ARENA, the banking system can choose to offer, say, three times the price of bonds in normal currency (Dollars, EURO, Yuan, etc.), just to crash your bid in local currency. But the game can go on and on until Treasury Bonds price equal the printing press price to issue the currency... DO YOU SEE MY POINT?