Here’s and excellent, short and sweet description of how mutual credit clearing works to provide interest-free liquidity. From Bartercard New Zealand…
The End of Money…
My latest book, The End of Money and the Future of Civilization , can be ordered from Amazon.com , or your local bookstore. You can also read a preview at Google Books.To order signed copies of my previous books, click on the title below:
Money: Understanding and Creating Alternatives to Legal Tender
Beyond Money- Newsletter February 2021 — The Impending Failure of Wikipedia and other news March 1, 2021In this issue: “Artificial Intelligence,” Bots, and Censorship: Why Wikipedia can no longer be trusted Censored on Facebook Consolidating and Preserving my Legacy The Farm Now, for your edification and amusement Read it on my Mailchimp site.
- James Corbett addresses the topic of alternative currencies January 29, 2021In his presentation that was part of The Greater Reset, James Corbett (of the Corbett Report) provided an overview of alternative means of exchange. In it he mentioned community currencies, LETS, trade exchanges, and my book, Money: Understanding and Creating … Continue reading →
- The New Reformation? January 26, 2021The election of Donald Trump was just a symptom of a major shift of civilization. In this essay, Mike Krauss (http://thekrausscommentary.com/) compares it to the Reformation of the sixteenth century. It seems an apt analogy. From Martin Luther to Donald … Continue reading →
- Who’s Reset will it be? January 23, 2021The oligarchs, plutocrats, and technocrats have a plan for you. It’s been called the “New World Order,” and now, “The Great Reset” which is being promoted by the World Economic Forum. Despite their high sounding rhetoric, you and I will … Continue reading →
- R.I.P. Spencer Heath MacCallum January 13, 2021Spencer Heath MacCallum (b: December 21, 1931; d: December 17, 2020) was truly an amazing and wonderful person–multi-talented, intelligent, kind, and compassionate. Spencer was an anthropologist, archeologist, editor, publisher, entrepreneur, and philosopher. The world is much poorer without him. I … Continue reading →
- Painting a (false?) picture by the numbers January 7, 2021During my academic career my primary teaching duty was to provide my students with an understanding of the use of statistics to draw conclusions about the real world, and how to avoid the common pitfalls that lead to error. In … Continue reading →
- Sovereign or Slave? How perversion of the money power has decided the issue—until now! December 3, 2020As I indicated in my previous post, No democracy when government has the money power, E. C. Riegel, more than 75 years ago, explained, better than anyone else I’ve encountered, the nature of money, its fundamental function, and the history and … Continue reading →
- No democracy when government has the money power November 28, 2020Think for a moment about the basic necessities of life. One can live only a few minutes without air, a few days without water, and a few weeks without food. We also need shelter from the heat and cold, from … Continue reading →
- Move your money, preserve your capital, improve your community and make housing more affordable November 6, 2020Poverty and homelessness have been persistent problems in virtually every community and are becoming worse, and disparities in incomes and wealth have long been increasing. Meanwhile the stock markets are booming while returns of savings accounts have been driven below … Continue reading →
- Get Ready to Play in the Butterfly Economy October 21, 2020Presentation by Thomas H. Greco, Jr. to the (virtual) 2020 Annual Convention of the International Reciprocal Trade Association (IRTA.) on September 24, 2020.
- Newsletter February 2021 — The Impending Failure of Wikipedia and other news March 1, 2021
