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Title: Americans Are Printing Their Own Money
Source: YouTube
URL Source: http://www.youtube.com/watch?v=ghs_Ag8P6Lw&NR=1
Published: Apr 22, 2009
Author: conciousgood
Post Date: 2010-10-29 05:08:36 by GreyLmist
Keywords: Alternative Currencies
Views: 1413
Comments: 16


Poster Comment:

YouTube - This Town Prints Its Own Money! - Ithaca Hours video, 2.5 mins.

inspirationandspirit | July 15, 2008

The small town of Ithaca, NY decided that the best way to keep money in the community was to start printing their own (legal) currency. "It's a community spirit - an idea that we're all working to help support each other as a local community solidarity."

Alternative currency - Wikipedia; links

Alternative currency is a term that refers to any currency used as an alternative to the dominant national or multinational currency systems (usually referred to as national or fiat money). Alternative currencies can be created by an individual, corporation, or organization, they can be created by national, state, or local governments, or they can arise naturally as people begin to use a certain commodity as a currency. Mutual credit is a form of alternative currency, and thus any form of lending that does not go through the banking system can be considered a form of alternative currency.

When used in combination with or when designed to work in combination with national or multinational fiat currencies they can be referred to as complementary currency. Most complementary currencies are also local currencies and are limited to a certain region.

Barters are another type of alternative currency. These are actually exchange systems, which only trade items; thus without the use of any currency whatsoever. Finally, LETS is a special form of barter which trades points for items. One point stands for one man-hour of work. (cont.)

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Begin Trace Mode for Comment # 7.

#4. To: GreyLmist (#0)

I love these people for doing the exact right thing. This is one small step for man that could lead to a tremendous leap for mankind.

We must rid ourselves of the usurious FEDERAL RESERVE before it sells our ASS (country) to the Chinese, Russian, or Japanese john's looking to screw somebody on the cheap !

Thanks for this vid !!!

noone222  posted on  2010-10-29   6:03:05 ET  Reply   Untrace   Trace   Private Reply  


#5. To: noone222 (#4)

You're very welcome. You might remember this video and short story from an earlier discussion but I can't remember the topic(s) I posted them in. Here they are again for anyone who's interested in the subject of alternative currencies. The video is about an alternative currency in the UK and is almost a half our long but a good program that discusses too how society is negatively affected from the dysfunctional fiat money system:

http://www.rense.com/general88 /b eating.htm

Castles with walls 20ft. thick were built 500 years ago with massive blocks of stone to provide the best possible protection. A siege, if extended long enough, forced the surrender of those inside the castle sooner or later. But it was tedious, expensive and time consuming. Soldiers out in tents holding the siege froze their butts off while those in the castle had a good time.

But there was no need to hold a long, expensive siege. There was a better way to conquer what appeared at first, to be unconquerable.

While a thick wall might seem impenetrable, a simple shovel and a fire allowed these massive buildings to be conquered. A tunnel was started under the corner of the castle wall from far enough away from the deadly arrows volleyed by castle archers. During construction the long tunnel was shored up with heavy timbers. When the tunnel penetrated far enough under the wall, a fire was built to destroy and the weaken timbers. When the tunnel collapsed it brought down the corner of the castle into the tunnel. Once the wall began moving, nothing could stop it. A partial collapse of the wall was enough to allow soldiers to enter and take the castle. Do you see the key element here? Once the wall began moving ­ nothing could stop it.

Soon castles would no longer be constructed due to the great cost of construction, as well as not being 100% secure. So where's the messenger when all this is happening? He's standing out there in the woods, giving soldiers shovels and explaining to them the steps they need to do.

Messengers come in all forms, shapes and sizes. Every problem no matter what it is, has a solution. Sometimes a little time is needed to solve it.

Local Currencies - Replacing Scarcity with Trust

GreyLmist  posted on  2010-10-29   6:43:40 ET  Reply   Untrace   Trace   Private Reply  


#6. To: noone222, PaulCJ, All (#5) (Edited)

Found the thread with the short story and video above and am re-posting links for 2 articles at YES! magazine (mentioned in the vid @ 21:41-22:45) that I think are very good:

Market Crash ... Depression ... Revolution ... Blood on the Streets - This is the sixth time since the South Sea Bubble burst in 1720 that huge amounts of wealth have been transferred from those who create it to the already wealthy. - Post #3

Looking Backward: Economics and the Cult of Yesterday

GDP and productivity don't measure what's really going on in the economy—or in people's lives. Jonathan Rowe on measuring what matters. -- 2 pgs.

Looking Forward:

Path to a Peace Economy by David Korten - 5 pgs.

GreyLmist  posted on  2010-10-29   7:24:44 ET  Reply   Untrace   Trace   Private Reply  


#7. To: GreyLmist (#6)

Thanks a $Million !!!

noone222  posted on  2010-10-29   7:43:20 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 7.

#12. To: noone222 (#7)

And a $Million thank you notes to you for your support. :)

GreyLmist  posted on  2010-10-29 08:44:10 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 7.

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