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Money Today

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I wrote this a while back on the old united diversity wiki as a simple (as in simplified) introduction to how money works today: How money works today. How money works today is completely ludicrous. It pits people against each other and guarantees that the rich get richer while the poor get poorer. To understand how, imagine there are only 2 friends and a bank, and that in order to buy food, pay their rent, and trade amongst themselves, the 2 friends need money that only the bank can … [Read more...]

More money books

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A while back I posted Money Books, a collection of my favourite books all about money. Now, with the global economy struggling on all sides with economic collapse, climate change and peak oil very much beginning to kick in, I thought I share a few more good reads on the subject. Hopefully lots and lots of people will read these books and we can finally move away from Money as Debt madness towards a saner banking system. : [amtap book:isbn=0816649634] "A firsthand view of local currencies … [Read more...]

Google 10 to the power 100

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I just submitted my application to Google's 10 to the power 100 project to identify projects which would impact on the greatest number of people (in the opinion of the web-oriented voters). Your idea's name (maximum 50 characters): At last, local money support for the web! Describe your idea in more depth. (maximum 300 words) Money is very poorly understood; how it creates scarcity from surplus, how banks create money practically ex nihilo, by lending it, and how they then reap interest on all … [Read more...]

Money Books

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After our last Open Coin meeting George Walker took us into his office to continue chatting. He is a fascinating chap, check out his CV (.pdf). In the first OpenCoin meeting he said (in a strong Scottish accent): "I think there is going to be a global currency. I call it the Global. This will either be a top-down currency from the IMF and World Bank, like existing SDRs (Special Drawing Rights), or a bottom-up, grassroots initiative, like what you are doing, which is much more exciting" He … [Read more...]

Convergence 13: Transition Strategies

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This looks set to be an amazing event... Cultivate Update cultivate your self | community | world Friday 22nd Feb 2008 Convergence 13: Transition Strategies Post Carbon Cities, Transition Towns and Eco-Villages  3rd to the 7th of April 2008 | Festival Pass: €120 until March 10th (€150 thereafter) Bookings 01 674 5773 or Online Attention climate activists, community workers, environmentalists, academics, change agents and cultural creatives, if you are at the leading edge of … [Read more...]

Money as Debt

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Widespread debt slavery created by an insane banking system is undoubtedly one of the biggest problems we all face. This video animation, Money as Debt by Paul Grignon, is undoubtedly one the most important films ever made. If you don't yet understand why money is such a big problem, WATCH THIS VIDEO. Please help spread this video far and wide. I've embedded it here, but you can watch and download it on Google Video too. Further introductory reading Ecology of Money and Short Circuit by … [Read more...]

It’s the End of the World as We know it and I feel FINE #23

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Via Submedia I love this series and this is one of the best episodes yet! :) This Week 1. Trillionaire Debt 2. Almost $100 3. PetroChina 4. Food Riots 5. Buy Nothing Day 6. No Borders Camp 7. R.A.T.M. 8. Ron Paul, who cares 9. Ward Churchill … [Read more...]