Friday, April 10, 2009

Local Currencies: Communities Printing Own Money To Keep Cash Flowing

Local Currencies: Communities Printing Own Money To Keep Cash Flowing

Good money flows to take place of the bad...at least until the Feds close down this "illegal" activity, to maintain their monopoly.


1 comment:

King of the Paupers said...

Jct: Best of all, when the local currency is pegged to the Time Standard of Money (how many dollars/hour child labor) Hours earned locally can be intertraded with other timebanks globally!
In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours.
U.N. Millennium Declaration UNILETS Resolution C6 to governments is for a time-based currency to restructure the global financial architecture.
See my banking systems engineering analysis at http://youtube.com/kingofthepaupers with an index of articles at http://johnturmel.com/kotp.htm