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Promoting Local Currencies

What is local currency?

Wir Bank Swizerland – a barter exchange bank

| November 21, 2012

Ithaca Hours, Local Currency in New York

| November 21, 2012

People Money – the Promise of Regional Currencies

| November 15, 2012

Professor Dr. Margrit Kennedy   New Publication ‘People Money – the Promise of Regional Currencies’ tells the stories of 14 leading local currency systems from around the world. It is a refreshing dose of positive good news and sanity in a time that is dominated by news of financial crisis and breakdown. The alternatives are real and […]

Fractional Reserve Banking

| November 14, 2012

People have been asking me, isn’t it Fractional Reserve Banking that is the problem in our current financial system? No, it is not. It is interest that is the problem. Local currency as we promote also practises Fractional Reserve Banking. By creating money out of thin air for businesses to borrow is a necessity for economical growth. […]

Interest free currencies exist!

| November 7, 2012