jroger01

 
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  • in reply to: Facing the Future – Mitigating a Liquidity Crunch #13769
    jroger01
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    OK, good to see you focussing on local currency solutions and I believe that the key now is scale and critical mass with systems that include the four local economic players: individuals, businesses, voluntary groups and local government. The one to watch here is the city of Nantes in northern France, launching the first local government backed mutual credit system in the world: https://www.sonantes.fr/

    For a broad survey of current local currencies working at scale see the book I co-authored in 2012 with Margrit Kennedy and Bernard Lietaer “People Money – The Promise of Regional Currencies”: https://www.triarchypress.net/people-money.html

    And my sole authored book (2013) “Local Money – What Difference Does It Make?”:
    https://www.triarchypress.net/local-money.html

    Here is a Prezi I put together for the first conference on the Good Economy in Croatia, March 2014: https://prezi.com/byn39kcf9s2g/local-money/

    And a 12 minute clip of me talking about local currencies on Croatian tv in March 2014:
    (12th to 27th minute) https://www.hrt.hr/enz/na-rubu-znanosti/244954/

    The point is that local currencies are NEVER an end in themselves and you have to get many things right for them to work well: design, governance, management and cost recovery to name a few.

    In fact, more important than the currency itself is the co-creation of a local MAP of underused resources and unmet needs by local economic players. First create the map, then a currency and not the other way round. Then we might see more local systems surviving to become truly sustain-able.

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