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Post Tagged with: "Alternative Currency"

Local currencies: The wasted opportunities

Local currencies: The wasted opportunities

Within alternative movements there is much interest in introducing local currencies and they have been central elements in many Transition Towns and other initiatives.  Unfortunately I think most of these have been quite misguided, failing to grasp the power a local currency can have, and not likely to make a significant contribution to goals such as town sustainability and resilience.[Read More…]

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Complementary Digital Currencies May Be On Their Way In India

Complementary Digital Currencies May Be On Their Way In India

  The Government of India has decided to set up a committee to report back within six month with recommendations on how to regulate digital currencies. Digital currencies are cropping up on the internet to address some fundamental short comings of capitalism and world trade. Whilst some might want to allow only Rupee in India and reform the Reserve Bank[Read More…]

How One City In Spain Launched A Local Currency

How One City In Spain Launched A Local Currency

During her 2015 campaign, Barcelona’s mayor Ada Colau promoted the idea of launching a local currency in her city. Colau viewed a local currency as a way of defending independent businesses and residents from rapidly-rising rents and benefits that are disproportionately reaped by corporate chains instead of local stores. Though the community currency failed to materialize in Barcelona, the city immediately[Read More…]

A Money System For The People – If We Want It

A Money System For The People – If We Want It

Money creation, like alchemy, is shrouded in ambiguous language and yields eternal wealth! For most of history these secrets have been used to empower sovereigns to spend money without the painful business of taxing or borrowing. Those foolish enough to try to grasp it with their rational minds are befuddled by unexpected politics, propaganda and paradoxes. In modern times this[Read More…]

Keep It Local! The Complementary Currency Alternative

Keep It Local! The Complementary Currency Alternative

New alternative and complementary currencies are a growing worldwide trend, and many states in the US have created their own local curriencies. Our local alternative currency, the Hudson Valley Current, has members in several counties straddling the Hudson River, just above New York City. It began with just a few of us; each coming to the idea from very different places