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Local communities can and will just create their own currencies. Indian and Arab communities have used gold and jewels.
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“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
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Magda Hassan Wrote:Local communities can and will just create their own currencies. Indian and Arab communities have used gold and jewels.
I believe in the US it is illegal to issue a new currency.
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Lauren Johnson Wrote:Magda Hassan Wrote:Local communities can and will just create their own currencies. Indian and Arab communities have used gold and jewels.
I believe in the US it is illegal to issue a new currency.
Too late. Been going on for years. Can't be stopped.
http://timebanks.org/
http://www.lightlink.com/hours/ithacahours/
http://www.cyberclass.net/turmel/bankmath.htm
http://www.complementarycurrency.org/ccD...ublic.html
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx
"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.
“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
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If they're going to require people to use banks (private institutions with deposit insurance that is woefully inadequate in the case of a major banking contraction), they ought to offer banking through the Postal Service backed by the full faith and credit of the government as a number of other countries do.
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I went to Norway this past summer after not having been there for quite some years. I was there for many weeks and while I intended to, I never got around to getting cash - and didn't need to - EVERY possible purchase, now matter how small, can be made with a payment card. It already is a cashless society by and large. In fact, some gas stations and other stores will not take cash.
"Let me issue and control a nation's money and I care not who writes the laws. - Mayer Rothschild
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass