Category Archives: Currencies

Summary of problems with current money system

Posted on June 17, 2011 by Admin

1. It leads to highly unstable economic system as interest rate mechanism is blunt tool leading to boom and bust cycle 2. Interest means that system requires continual economic growth to avoid collapse. This is incompatible with sustainability 3. Money … Continue reading →

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How Money Works

Posted on June 14, 2011 by Admin

Imagine this scenario. An American tourist is visiting a small village in the South of France. He arrives at a hotel and wants to checkin. The hotelier, distrusting foreigners, asks him to leave a deposit of 20 euros while the … Continue reading →

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An alternative to rural microfinance – complementary currency

Posted on June 10, 2011 by Admin

I’ve been reading Bernard Lietaer’s amazing book “The Future of Money” which has opened my eyes to some very interesting alternative ways to look at the economy.  I’ve been interested in alternative currencies for some time, but he makes a … Continue reading →

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How not to use alternative currencies – superfluid

Posted on April 29, 2011 by Admin

A friend recently shared with me a new site called superfluid which uses an alternative currency to promote barter between users. I like the concept, but I think it is poorly explained when you land on the webpage, I had … Continue reading →

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