Tag Archives: currency

Local Currencies

Berkshares

LOCAL CURRENCIES: Some communities are partially opting out of the debt-money system that is ruling us, failing us, and taking our wealth. They issue their own currency and back it with goods and services produced locally.

The local-currency movement displays a fascinating set of trends: away from globalization, away from corporate control, away from central government control, away from homogenization, away from commercial banking control over wealth and credit, and away from the appalling unsustainability of credit-money at compound interest.… Read the rest of this article