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What can governments do to address the banking crisis, remedy unemployment, poverty and ecological threats, and create conditions for sustainable abundance?

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How can time-tested currency innovations such as mutual credit systems help businesses of all sizes deal with cash flow shortages and monetary instability?

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What can communities do to leverage their untapped wealth and connect resources that would otherwise remain unused with needs that would otherwise remain unmet?

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What can scientific and academic research tell us about how to design and implement more effective and resilient monetary systems?

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What types of complementary currencies could help us overcome current obstacles to the flourishing of our educational, energy, commercial, and other systems?

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Managing the Banking Crisis

Submitted by on February 4, 2010 – 1:33 amNo Comment

options-for-managing-systemic-banking-crisis-by-bernard-lietaer_10332_lgIn this article, Bernard Lietaer, Robert Ulanowicz and Sally Goerner discuss the shortcomings of conventional approaches to managing banking crises (i.e. nationalization of problem assets), and they explain why these typically fail to address systemic causes.   The authors argue that a better solution would involve the adoption of complementary currencies, and the government’s acceptance of these currencies in partial payment of taxes during a period when banks are not in a position to fully finance the real economy. http://www.scribd.com/doc/31564360/Options-for-Managing-a-Systemic-Banking-Crisis-by-Lietaer-Ulanowicz-Goerner

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