2 thoughts on “Taming the Vampire Squid: Take back our banks

  1. There’s a new book out called ‘People Money; The Promise of Regional Currencies’. Here’s the blurb “Three authors with decades of experience have teamed up to provide an up-to-date, state-of-the art field guide to the emerging movement of regional currencies. People Money describes a global movement of people creating their own currencies to support regional business and strengthen their communities. These currencies operate legally alongside Bank Money and Government Money, giving people new choices in an age of transition from outworn financial structures to an era of sustainable abundance. Part One explains the characteristics and purpose of the various models of commercial- and community-oriented currencies, the administration and governance of the currencies, how to cooperate with other financial institutions, clearing systems and the issue of taxation. Part Two focuses on the ‘how to’ of developing a regional currency, outlining the key principles and design processes, and the benefits that have accrued as a result of their implementation. Finally, the book profiles and interviews some of the leading organisers of regional currencies around the world, explaining their driving passion and the nuances of each of the models – how the currency started, how it developed, the difficulties encountered on the journey, and how these were overcome. The currencies profiles include: Brixton Pound in London; The Business Exchange in Scotland; Blaengarw Time Centre in South Wales; Community Exchange System in South Africa; Chiemgauer in Germany; BerkShares, Equal Dollars, Ithaca HOURS and Dane County Time Bank in the USA; and many others.”
    We should be developing regional currencies so we can get away from dependence on govt money which since it’s been controlled by the banks is in short supply. Oh, and we should burn the City of London to the ground too, let’s not forget that 🙂

    • 🙂 Thanks Kay for the information.. that’s great. I know that the ‘Lewes pound’ was so popular in its first days that the transition towners had difficulty in keeping up with demand for their local currency.

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