"I love that you've brought this to attention. An extensive database of uncommon but resistant and hardy plants/foods could be developed and organized by climate. Ease of growth and processing should also be taken in to account. I will try to…"
A crash course in changing the world.
Decornering currency markets with local currencies
“Economic sustainability; provide financial motivation for continued growth over time. Empower people by improving their economic or social status.”
This is possible through the introduction of local (people’s) currencies to free the monetary solutions that are actually restricted by private banking actors that have DE FACTO cornered the “currency-creation market”.
Some introductory readings:
- CRÉER DES MONNAIES RÉGIONALES POUR TRAITER LA CRISE GLOBALE
par Bernard LIETAER
http://leconomistamascherato.blogspot.com/2010/03/creer-des-monnaie...
- Global Economic Crisis: “Recapturing What is Ours and Turning Scarcity into Abundance”
Review of Ellen Brown’s “Web of Debt:” Part V
by Stephen Lendman
Global Research, May 19, 2009
http://leconomistamascherato.blogspot.com/2009/05/recapturing-what-...
This is possible through the introduction of local (people’s) currencies to free the monetary solutions that are actually restricted by private banking actors that have DE FACTO cornered the “currency-creation market”.
Some introductory readings:
- CRÉER DES MONNAIES RÉGIONALES POUR TRAITER LA CRISE GLOBALE
par Bernard LIETAER
http://leconomistamascherato.blogspot.com/2010/03/creer-des-monnaie...
- Global Economic Crisis: “Recapturing What is Ours and Turning Scarcity into Abundance”
Review of Ellen Brown’s “Web of Debt:” Part V
by Stephen Lendman
Global Research, May 19, 2009
http://leconomistamascherato.blogspot.com/2009/05/recapturing-what-...
Views: 77
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Comment by Sylvain Ratelle on March 11, 2010 at 12:14am
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Michele, I like your subject of local currencies, but I am not sure how efficient it could be on a sustain basis, as liquidity, and trust are important factors for the long term value of a currency in this global market. Regards.
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Comment by Michele Saba on March 11, 2010 at 12:23am
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Better you fully read the papers, at least the one from Bernard Lietaer in French above. After that you can get a better idea.
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Comment by Sarah Shaw Tatoun on March 25, 2010 at 3:10pm
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This is a fascinating subject with a lot of potential. Clearly our current system, which often has the effect of assigning a value of zero to the most essential things- air, water, not to mention love and care of children, etc., while assigning an enormous value to banalities such as a particular brand or style- causes a number of serious problems. It is rather absurd that our own invention- money- now trips us up so often, frequently preventing us from using available labor to get valuable work done. It is ironic that our ancestors, using 'primitive' barter systems, had no such difficulty.
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Comment by Turil Cronburg on March 25, 2010 at 3:18pm
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Also, there is the even more natural form of the gift economy, which is what every other system in the universe uses, where extra resources are offered for free, to anyone who wants them, without any kind of "score" being kept. Trees give off oxygen freely, the sun gives off energy freely, worms produce soil freely, and lovers give love freely, all without demanding anything in return, simply because we living things are made to both inhale and exhale. :-)
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Comment by Nicholas Nagao on March 25, 2010 at 3:23pm
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Michelle, this is a fascinating topic to me, thank you for sharing it. I do see this type of thing happening in the virtual world all over the place. Some of the local currencies being based losely on real currency, and others based on things like time or skill, as well as even popularity. I would say that even the PowerVotes here on Evoke are a certain currency (especially once the leaderboard comes back). Do you have a specific plan you think should be implemented?
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International Journal of Community Currency Research (IJCCR)
Volum...
Guest Editorial Noel Longhurst
A: Research Papers
Learning To Exchange Time: Benefits and Obstacles To Time Banking Lucie Ozanne
B: Reports and Announcements
Research Briefing - Grassroots Innovations: Complementary Currencies Gill Seyfang and Noel Longhurst
Call for Papers for special edition of IJCCR on new developments in the field
C: Book reviews
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Michelle, those are great references, but I was wondering if you could throw out some details of how you think this should be integrated into the world practically.
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Audit The European Central Bank
To: European Commission
AUDIT THE ECB AND NATIONAL PARTNERS!
We ask for the auditing of the European Central Bank, following similar initiatives occurring in the US, like the proposal of the acts HR1207 and S604. The so-called Public Debt is incurred because the European states surrendered the sovereign right to issue their own money to private corporations that lend it at interest. So instead of paying for the paper and ink costs of banknotes we have to raise taxes to fulfill the megalomaniac and sociopathic ego of private bankers.
Restore monetary sovereignty and give back the monetary rent (at least the 7% of the GDP) to the nations! China is doing exactly like that and this is why they will EVER outperform us! Protect the destiny of our children. Stop the crazy money-machine NOW!
Sincerely,
The Undersigned (478 as of March 26, 2010)
http://www.petitiononline.com/auditecb/petition.html
See this doc**ent from Willem H. Buiter (London School of Economics) at page 20:
"Seigniorage", economics - The Open-Access, Open-A****sment E-Journal, 2007-10
http://www.economics-ejournal.org/economics/journalarticles/2007-10
"The solvency constraint of the Central Bank only requires that the present discounted value of its net non-monetary liabilities be non-positive in the long run. Its monetary liabilities are liabilities only in name, as they are irredeemable: the holder of base money cannot insist at any time on the redemption of a given amount of base money into anything else other than the same amount of itself (base money)."
p. 20
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Comment by David Anderson on April 4, 2010 at 2:16pm
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Check out the Move Your Money Movement.
Comment
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