guardian.co.uk - 1/20/2009
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In Russell Hoban's novel Riddley Walker, the descendants of nuclear holocaust survivors seek amid the rubble the key to recovering their lost civilisation. They end up believing that the answer is to re-invent the atom bomb. I was reminded of this when I read the government's new plans to save ...
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We need a licence to print our own money
Peak Energy —
... ) , declaring "It bypasses greedy banks. It recharges local economies. It's time to think seriously about an alternative currency" - If the state can't save us, we need a licence to print our own money. Psst - George, its "Gesell", not "Gessell". ...
Economics - Jan 20
Energy Bulletin - —
... homepage Monbiot: If the state can't save us, we need a licence to print our own money George Monbiot, The Guardian It bypasses greedy banks. It recharges local economies. It's time to think seriously about an alternative currency --- ... During the Great Depression, businesses in the United States issued rabbit tails, seashells and wooden discs as currency, as well as all manner of papers and metal tokens. In 1971, Jaime Lerner, the mayor of Curitiba in Brazil, kick-started the economy of the city and solved two major social problems by issuing currency in the form of bus ...
Monbiot: If the state can't save us, we need a licence to print our own money
Peak Oil News —
... their own currency. To discourage people from hoarding it, they should impose a fee (called demurrage), which has the same effect as negative interest. The back of each banknote would contain 12 boxes. For the note to remain valid, the owner had to buy a stamp every month and stick it in one of the boxes. It would be withdrawn from circulation after a year. Money of this kind is called stamp scrip: a privately issued currency that becomes less valuable the longer you hold on to it. Guardian
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