Organizer, Chris Lindstrom and others at the Burlington conference.
June 6, 2026
The BALLE Pre-conference on Complementary Currencies
- By Thomas H. Greco, Jr.
- 2 Comments
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Thomas H. Greco, Jr.
Thomas H. Greco, Jr. is an independent scholar, educator, writer, networker, and consultant, and a leading expert in monetary theory and history, credit clearing systems, complementary currencies, and community economic development.
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A true currency circulates as it represents a “unit of account” that has an intrinsic stored value that is accepted in the marketplace. For example take a look at WIR Bank in Switzerland, an excellent example of a complementary currency
A currency is a means of payment, denominated in some defined unit of account. I’m well familiar with the WIR Bank: see info at http://reinventingmoney.com/documents/wir.html and on this blog.