Mutual Credit for transactions, insurance, and capital
We distinguish between the currently popularised UBI financed by tax and debt, and a citizens’ dividend which distributes wealth created by citizens.
In contrast to welfare, the dividend does not discourage work, but rather enables initiative, entrepreneurship, and career choices.
We show the monetary accounting so that citizens receive a dividend at the rate of growth of the economy and monetary supply.
One the one hand we have skills and resources, and on the other there are needs, wants, and desires. Somehow needs cannot be satisfied with available skills and resources without some magical medium called money.
The most common sources of money are mining, debt, and credit.
Margrit Kennedy: Money is one of humankind’s most ingenious inventions – and also one of its most dangerous. Interest and Inflation Free Money offers a clear, simple explanation of how financial policies shape the global markets – and how interest wrecks cultures, ecosystems, and economic systems. In particular, it reveals the hidden flaws in ourContinue reading “Interest- and Inflation-free money”
Thomas H. Greco, Jr: Demystifying Money and Liberating Exchange Thomas H. Greco, Jr. is a preeminent scholar, author, educator, and community economist, who, for more than 35 years, has been working at the leading edge of transformational restructuring. He is widely regarded as a leading authority on moneyless exchange systems, community currencies, financial innovation, andContinue reading “Beyond Money”
Bernard Lietaer: Our money system IS the ‘Missing Link’. We tend to assume that we must have a single, monopolistic currency, funded through bank debt, enforced by a central bank. But we don’t need any such thing! In fact, the present system is outdated, brittle and unfit for purpose (witness the eurozone crisis). Like anyContinue reading “Money and Sustainability”
Qui possède de la monnaie a une créance sur l’économie : il est en droit d’exiger des autres des valeurs économiques en échange de ses signes monétaires. Qui ne possède pas ou peu d’unités d’une certaine monnaie, mais se voit intimé d’en avoir, que ce soit l’impôt (pouvoir libératoire) ou, par voie de conséquence, parce queContinue reading “Une monnaie libre”
Monetary Prosperity 