tag:blogger.com,1999:blog-5811749743523633503.post5261667148282492985..comments2024-03-20T11:36:53.907+00:00Comments on Restoring Mayberry: Local currencyBrian Kallerhttp://www.blogger.com/profile/11082602126850605083noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5811749743523633503.post-87357982917158837792009-10-03T18:46:24.632+01:002009-10-03T18:46:24.632+01:00"Local currencies can be based on anything, j..."Local currencies can be based on anything, just like national money. If we in County Kildare agreed to begin a local currency – say, the “Dara” – it could stand for one sack of potatoes, one kilo of wheat, one hour of labour..."<br /><br />Jct: Bingo. Sure, an IOU for potatoes or rice is nice but an IOU for an hour of time is so universal. When the local currency is pegged to the Time Standard of Money (how many dollars per hour of volunteer labor, children too) Hours earned locally can be intertraded with other timebanks globally! In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours. You can too. <br />U.N. Millennium Declaration UNILETS Resolution C6 to governments is for a time-based currency to restructure the global financial architecture. <br />See http://youtube.com/kingofthepaupers on growth of the international time-trading network.King of the Paupershttps://www.blogger.com/profile/14374913605730692218noreply@blogger.comtag:blogger.com,1999:blog-5811749743523633503.post-67933362111185527512009-09-30T07:58:14.444+01:002009-09-30T07:58:14.444+01:00This system has been running in England for about ...This system has been running in England for about a year now, so it hardly seems exotic!<br /><br />Lewes, I believe, started it and now Manchester, Brixton, Totnes are joining in to counter effects of the recession.<br /><br />It does seem ironic though, that the Irish government is pushing for the ratification of the Lisbon Treaty and stronger links with Europe while many people are looking to support their local economy in a direct way.<br /><br />How does it seem there to you, Brian, as the man on the ground?Anonymousnoreply@blogger.com