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Now published, Chapter 14—How Exchange Systems Succeed or Fail

This is the latest chapter to be published of my new 2024 edition of The End of Money and the Future of Civilization. It continues the exposition begun in Chapter 13, elaborating upon sound principles of credit allocation and management, highlighting what did not work and why, and describing in detail what it takes to make an exchange alternative succeed. It answers crucial questions like:

  • Who Is Qualified to Issue Currency?
  • On What Basis Should Currency Be Issued?
  • How Much Currency May Be Issued?
  • How to Determine the Period of validity?

And considers strategies for successful launch and implementaion, with due regard for the broad situational context into which an alternative currency or credit clearing exchange may be introduced.

You can read the entire chapter at Future Brightly or listen to the audio narration at Future Brightly Podcasts.

 

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