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originalcause (November 30, 1999 at 12:00 am)
Guaranteed, the IRS will shut this down if people are getting paid in local currency and not declaring it as income. The constitution gives the government the right to coin money and they will interpret this to mean that we don't have that right. In Revelation we read about a time when people will be forced to take the mark in order to buy/sell. The only escape is to develop communities based on love/support for one another. They can outlaw local currencies, but they can't outlaw love/charity.
MillionthUsername (November 30, 1999 at 12:00 am)
I'm all for it, but he said current banking is "free market". It is NOT! Good grief! If it was, who would use it? What he's doing is free market. He can't "close down" the international bankers, but they can close him down - because their system is based on force and fraud. Alternative systems are voluntary, hence free.
Is it "legal"? Like he said, it depends on how successful it is. Local and state governments need to protect these efforts. A successful currency is revolutionary.
whatpeoplewantonline (November 30, 1999 at 12:00 am)
I worked for a barter company here in Florida and the truth is that merchants do not give the same level of service, priority or quality goods to barter transactions. In fact they treat alternative clients with disdain behind the scenes. Cash is still KING!!!!
whatpeoplewantonline (November 30, 1999 at 12:00 am)
I worked for a barter company in Florida and the truth is that merchants do not give the same priority, level of service or quality products to barter currency customers. In fact many regard barter transactions with disdain. Cash is King!!!!
whatpeoplewantonline (November 30, 1999 at 12:00 am)
For several years I worked for a local Barter company in Florida. This is not a perfect system. You do not get the same level of service or quality or priority from merchants when they know that you are not a "regular" cash customer and instead are a barter customer. Cash is King!!!
peakmoment (November 30, 1999 at 12:00 am)
Although I haven't yet read the book, I've heard that Riane Eisler's new book "The Real Wealth of Nations" presents a new paradigm based on a CARING economics, and suggests policy that could move us in that direction.
nathan49nathan (November 30, 1999 at 12:00 am)
excellent interview. local currency is an extraordinarily powerful tool. I hope there are more interviews on new paradigms that also have practical tools to implement them.
scott715 (November 30, 1999 at 12:00 am)
Interesting. History has shown that gold and silver emerge as the money commodities when government fiat (decree) is out of the picture. But there's no reason that these alternative money systems shouldn't be able to compete with hard money (gold and silver) and fiat money (dollar/euro/yen/etc. debt paper). Google "What Has Government Done To Our Money?" and read the book online or download the mp3s for free.
econdemocracy (November 30, 1999 at 12:00 am)
The most famous US local currency is probably Ithaca Hours. The founder, Paul Glover, along with the hosts of this website, have more ambitious project ideas: a community alternative to Wall Street itself, economicdemocracy dot org /alternatives-to-wallst.html
econdemocracy (November 30, 1999 at 12:00 am)
I've watched several of her other interviews, Janaia is
very well informed and articulate. The only reason this one
isn't as good as some of the others is the fellow is HARD
to interview. Speaks in very short sentences. Makes claim
and closes his mouth. That kind of. Thing. He's a bit
too slick/forprofit too. Interviewing him is a tough job. |
