George Monbiot, author of A Manifesto for a New World Order and Captive State: The Corporate Takeover of Britain, suggests that one way out of the economic slump is to let people print their own money.
In his book The Future of Money, Lietaer points out - as the government did yesterday - that in situations like ours everything grinds to a halt for want of money. But he also explains that there is no reason why this money should take the form of sterling or be issued by the banks. Money consists only of "an agreement within a community to use something as a medium of exchange". The medium of exchange could be anything, as long as everyone who uses it trusts that everyone else will recognise its value. During the Great Depression, businesses in the United States issued rabbit tails, seashells and wooden discs as currency, as well as all manner of papers and metal tokens. In 1971, Jaime Lerner, the mayor of Curitiba in Brazil, kick-started the economy of the city and solved two major social problems by issuing currency in the form of bus tokens. People earned them by picking and sorting litter: thus cleaning the streets and acquiring the means to commute to work. Schemes like this helped Curitiba become one of the most prosperous cities in Brazil.
If the state can't save us, we need a licence to print our own money
“The general public itself has little or no interest in this Document that could warrant exposing Facebook to the risks that would inevitably accompany disclosure.” — Facebook
Security services firm FireEye says two hacker groups known to be sponsored by the Russian government of Vladimir Putin are waging cyber-attacks currently against European government systems.
The text of the proposed legislation has not been released.
If you’re into tech at all, you should definitely consider unleashing your inner tinkerer on a Raspberry Pi board. If you’re intimidated, don’t be. It’s a statistical probability that people half your age have created cooler things than you can imagine with the versatile kit. Not sure where to start? The Complete Raspberry Pi 3B+ […]
Are you super organized? You’re going to love the Genius Pack G4 and its seemingly limitless, well-placed compartments. Not that organized? You’re still going to love this piece of luggage because it’s so well thought out that it practically does the packing for you. We’ve all tried to stuff a piece of carry-on so full […]
Despite government legislation and improving caller ID technology, robocalls and scam artists are rampant on the phone lines – up to 35 billion a year in the US alone. They can be annoying at best and a financial threat at worst, but there’s a way to take security into your own hands. One good example […]