Local Currencies
1 view | +0 today
Follow
 
Scooped by Audrey Germain
onto Local Currencies
Scoop.it!

Trust no one with your money is the tragic legacy of the crisis - FT.com

Trust no one with your money is the tragic legacy of the crisis - FT.com | Local Currencies | Scoop.it
The first casualty of war is said to be the truth but, in financial crises, it is trust that dies. While the after-effects of the recent crisis are constantly debated, this deeper issue remains unaddressed. Paul Seabright, a professor at the
Audrey Germain's insight:

Chiemgauer, an alternative to face crisis. To boost consumption in local area, alternative money paper can be established for a short maturities. 

 

more...
No comment yet.
Your new post is loading...
Your new post is loading...
Scooped by Audrey Germain
Scoop.it!

The Bristol Pound - YouTube

Video by http://www.johnhendicott.com Music by John Hendicott featuring Laura J Martin Twitter: https://twitter.com/bristolpound Facebook: http://www.faceboo...
Audrey Germain's insight:

A great interview of Chris Sunderland, Director of Bristol pound earlier launch. For the Bristol pound, they favored an electronic mode of diffusion whereas msotly monies are printed. let have a look on its advantage. 

more...
No comment yet.
Scooped by Audrey Germain
Scoop.it!

Desperate measures for *really* desperate times | FT Alphaville

Even from this correspondent's vacation spot on a rustic Swedish island did he notice how carefully the FOMC's last statement was scrutinised.

And frankly, we're bored of reading about the potential efficacy of the ideas floated by the Fed as available tools to combat a protracted downturn. You might categorise those as QE2.whatever: exceptionally low rates through 2013, lowering interest on reserves, increasing the average maturity of its holdings. Ditto for the notion of a conventional QE3 (more large scale asset purchases).
Audrey Germain's insight:

Desperate measures for "really" desperate times. In 2011, after the second QE from FED, several solution were suggest to face crisis. One of them: Issuing money that depreciates in value over time to spur consumption. By taking the example of Chiemgauer, an alternative currency, we can draw a new monetary system at a regional scale. This currency offer a negative interest rate, which is monthly devaluate. By using this currency in Bavaria, consumers can spend money in their region while preserving employment and production.

more...
No comment yet.
Scooped by Audrey Germain
Scoop.it!

Bristol pound is just one example of what local currencies can achieve

Bristol pound is just one example of what local currencies can achieve | Local Currencies | Scoop.it
Councils in the UK and around the world are starting to recognise how local currencies keep money in their areas, says John Rogers
more...
No comment yet.
Scooped by Audrey Germain
Scoop.it!

Les monnaies locales complémentaires - FUTURE - ARTE - YouTube

www.futuremag.fr Il y en a 4 000 dans le monde, et désormais une soixantaine en France : FUTURE vous fait découvrir les monnaies locales complémentaires. Des...
Audrey Germain's insight:

A good description of the local currencies role in different area. In this report, journalists make a great description of the uses of Local currencies in our economy. 

more...
No comment yet.
Scooped by Audrey Germain
Scoop.it!

Trust no one with your money is the tragic legacy of the crisis - FT.com

Trust no one with your money is the tragic legacy of the crisis - FT.com | Local Currencies | Scoop.it
The first casualty of war is said to be the truth but, in financial crises, it is trust that dies. While the after-effects of the recent crisis are constantly debated, this deeper issue remains unaddressed. Paul Seabright, a professor at the
Audrey Germain's insight:

Chiemgauer, an alternative to face crisis. To boost consumption in local area, alternative money paper can be established for a short maturities. 

 

more...
No comment yet.