Community currencies empower individuals and local businesses to take control of their financial futures back from central economic planners and Wall Street. That doesn't just benefit producers and consumers. It benefits the community as a whole. Community leaders take note. The clearest mandate from constituents to community leaders during tough economic times is for polices that will create jobs. That usually means getting local government out of the way of job creators. Encouraging community … [Read more...] about Community leaders benefit from community currencies
Stephen Macaskill of Amagi Metals and FEE board member joins Open Currency Update with Kurt Wallace for 'Stephen Macaskill: Economic Knowledge Centers and Decentralized Currency'. Stephen shares some of the upcoming efforts of FEE regarding the future of Austrian economic education. He discuss how economics effects our individual liberty and tells us about the knowledge centers being developed at Amagi Metals. He also makes a bold prediction regarding Silver as a player in the future of parallel … [Read more...] about Stephen Macaskill: Economic Knowledge Centers and Decentralized Currency
With all of the benefits community currencies can bring to local businesses, the benefits to individual consumers are often overlooked. These include social, economic and even environmental benefits. Participating merchants have an incentive to encourage use of local currencies. They often give substantial discounts to customers to use them in lieu of U.S. dollars or credit. One reason they can do this is the local currency will increase in value over time, while fiat currencies lose … [Read more...] about Community currencies benefit consumers as much as local businesses
Ceivert LaForge hopes that people buying and selling goods and services on the Crow Indian Reservation are soon dealing with "scouts," not with U.S. dollars. The scouts would be copper, silver and gold coins created and issued by the Crow Tribe, a "sovereign currency" for what is already a sovereign nation. "We're not looking to trade clams or wampum anymore," LaForge said. "We're looking at trading gold and silver." … [Read more...] about Crow Currency: “Not Dollars but Scouts”
In March 2013, the Apsáalooke (Crow) Tribe sat down with Open Currency and began the process of creating the Apsáalooke currency. On August 16, 2013 the great Apsáalooke (Crow) Nation took the first step toward greater economic sovereignty when they officially launched their currency at the 95th anniversary of their annual Crow Fair Celebration. Tribal Chairman, Darrin Old Coyote, delivered the announcement with Director of the Tribal LLC Office, Ceivert LaForge, and AOCS Currency Director … [Read more...] about Crow Nation Launches “Scouts”
Longtime critic of the Federal Reserve and hard money advocate Ron Paul debuted his new online channel on Monday. Paul maintained his position that the U.S. Dollar is being systematically devalued and that a “dollar crisis” was inevitable. He said that he just couldn’t predict when it will happen, whether its months or years away. That’s a view that’s been shared by economists who agree with Paul on economics. That may be changing. Jim Rogers has long described himself as “the world’s worst … [Read more...] about Is the U.S. Dollar out of borrowed time?