How to Start a Community Currency
By Mira Luna
“Banking institutions are more dangerous to our liberties than standing armies...The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson
“Let me issue and control a nation’s money and I care not who writes the laws.” - Banker Mayer Amschel Rothschild
The centralized creation of money and credit has a profoundly negative effect on local economies, sovereignty, and social cohesion. Bankers value profit at all costs, while locally-controlled institutions tend to hold other values - like community, justice and sustainability - more highly.
Communities can regain control of the flow of money and credit by issuing their own currency as a complement to conventional money, as electronic barter networks, debit cards, mobile phone payments, Timebanks, LETS, or old-fashioned cash.
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