Articles in Q & A
What is the Problem with our Current Money System?
Our modern monetary systems share in common the fact that they consist of a nationwide, government-enforced monopoly of a single type of currency, created by banks through loans attached to positive interest rates, and naturally …
Won’t community currencies create inflation?
A common reaction to the concept of a community currencies is that it will increase the money supply and therefore fuel inflation. This reaction is further reinforced by the observation that the built-in incentive to …
Is a Community Currency Just Another Welfare System?
To many people, anything that helps the poor is a welfare system. While that is indeed the case in most programs, community currencies are an exception.
Let us consider a practical example from a city …