Tuesday, 7 April 2009

Print your own Money...

Alternative currencies issued by local community groups in America 
are growing in popularity.  The latest to join the trend is the Detroit Scrip.  Hippies, capitalists and marketeers can all shake hands with different agendas.  Alternative currencies have been in use for many years; Ithaca Hours were among the first issued.  BerkShares have also been in existence for some time.  Here is a slightly too long and rambling video on Ithaca Hours - the ending is humorous if you can last that long...

1 comment:

King of the Paupers said...

Jct: Best of all, when the local currency is pegged to the Time Standard of Money (how many dollars/hour child labor) Hours earned locally can be intertraded with other timebanks globally!
In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours.
U.N. Millennium Declaration UNILETS Resolution C6 to governments is for a time-based currency to restructure the global financial architecture.
See my banking systems engineering analysis at http://youtube.com/kingofthepaupers with an index of articles at http://johnturmel.com/kotp.htm