Posts tagged: Economic Justice


By Cheryl, February 6, 2010 11:12 am
TOM GRECO, author of The End of Money and the Future of Civilization
quotes Gandhi:
“We can tell our would be masters we will not be slaves to your monopoly.  We do not need your money.  We will spin our own from the fibers of trust and cooperation that we grow together in our own communities and use it for the benefit of all.”

Greco conveys, the purpose of CURRENCY is to promote RECIPROCAL EXCHANGE.

Originally money was commodities (gold, pigs, salt) then it became symbolic (notes representing a gold deposit) and now money is credit…(well actually in the current system money is debt)

I love Greco’s calm, no-nonsense manner as he explains….we trust these forms because we’ve been taught to and we seldom stop to think of other payment media that might be used besides the debt money system.

If money is nothing but credit—then it is our willingness to accept it that gives it value—it’s time to transmute the growth imperative inherent in the fractional reserve system and create a SUSTAINABILITY IMPERATIVE.

In creating a new economic reality we must exercise the power that is already ours: Our MONEY POWER = our power to give each other credit

We do this by reclaiming the credit commons; creating our own direct credit clearing exchange and shifting power to local communities.

We decide who we will trust.   Boycott; Citibank, JP Morgan Chase, and Bank of America.  The fractional banking system has reached it’s limit–the game is up—NOW is about creating a sustainable resourced-based economy founded on reciprocal trade.

Tom Greco’s blog is devoted to the liberation of money and credit, and the restoration of the commons
GRECO’S website – where you can find much more information
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By Cheryl, January 31, 2010 12:34 pm
In creating a circle of exchange – we discover how truly enriched we are by getting to know the members of our community. TIME BANKING—is a way to harness the accumulated wealth of knowledge and technology and turn the economic crisis into an opportunity.

It’s clear to see the economy has been designed to keep money scarce and economic scarcity drives people to act in unethical ways, debilitating community and making it easy to divide and conquer people.  A profound shift occurred for Rearick as a result of reading, The Future of Money: Creating New Wealth, Work and a Wiser World by Bernard Lietaer

Stephanie Rearick – Part Two of Economics of Peace speech

You can also watch a very interesting interview with Stephanie Rearick on Conscious Media Network

Get more info about Stephanie at her website
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