Buck stops here: Local currency in DC to ditch dollar?

[ThndersRage]

Wish my area had the guts to do this.

[Demetrenos]

Since local money is not real ( just like the "real" money ) but because it's local and has no value as money but as a means of exchange between local people trading with each other in goods and services it is strengthening the community and it's people.

I am a plumber, jewelry maker, know German and Greek, know a few things about computers and willing to get my hands dirty doing a manual job.

My goods and services I can then trade against other peoples goods and services

[ShwangShwing]

Money printed on printer? Very easy for faking.

[ThndersRage]

@ShwangShwing

Perhaps but color and design are not the only methods of for validating authenticity.

Maybe they do something else which was not televised how would you know?

[kingofthepaupers]

Jct: When you trust a 1-Hour IOU from your neighbor more than you trust a $10 US Federal Reserve Bank Note from your indebted government suffering Shift B inflation. Of course, they can't stop accepting US money and it will always have value as a relic.

[kingofthepaupers]

Jct: Earlier this year, the King of the Dragons was on the Dragons' Den CBC TV program trying to explain this to the Dragons. No King of the Dragons on the Dragons' Den yet but if you understand how this community benefits, why did the Dragons have such a hard time?

Another interest-free currency bank branch now compatible with the UNILETS Time Standard of Money.

[kingofthepaupers]

And another stinkingly bad Youtube printout format. Print and tell me if youtube has good programmers?

[birdsarewild]

In each other we trust,

In government, not so much.

Our Congress needs to wake up. People all over the country are getting sick and tired of infringements on their freedoms.

Capitalism works, Socialism doesn't.

[HowToChangeTheWorld]

I just spent 50 local Toronto dollars two days ago. It helps keep the wealth in the community. Dont support your government, support your community.

[Frankenpalin]

what are these local Toronto dollars that you speak of ?

[HowToChangeTheWorld]

The Toronto Dollar, founded in December 1998, is a paper local currency used in Toronto, Ontario and backed by the Canadian dollar.[1]

The currency is administered by Toronto Dollar Community Projects Inc., a not-for-profit community group, and is a project of St. Lawrence Works.

[HowToChangeTheWorld]

The currency can be purchased by anyone at a number of locations at a 1-for-1 rate. Local businesses can agree to accept the currency at par with the Canadian dollar. Merchants are free to exchange Toronto dollars for canadian dollars twice a month, at the rate of 90 cents to the dollar.[1]

As of 2008, a little under 150 businesses accepted the Toronto dollar; most of these were in the St. Lawrence Market and at Gerrard Square.[2]

[kingofthepaupers]

"I just spent 50 local Toronto dollars two days ago."

Jct: I tried to get the multi-millionaire Dragons to make the same profit you did! Stay tuned to find out if they had the brains you've shown.

[SuperAtheist]

if this 'money' isn't backed by gold, silver, or something with intrinsic value, then it's just as worthless as FRNs.

[ronheri]

Gold and siver. No paper for me thank you.

[john2knj]

There are several areas of the United States that also use alternative local currencies.

[whalefish83]

Excellent reporting - you can bet your bottom 'dollar' you wont see this reported in the mainstream US media. Cheers RT.

[Bronnster]

Fiat money started out as a stick with notches in it. Believe it or not.

[HowToChangeTheWorld]

Tally sticks were great. We can simply print local money based on local confidence. While we're at it lets get rid of the IMF, WB, BIS, WTO, G20, UN, and the mainstream media as well.

[kingofthepaupers]

Jct: Yes, Tally Sticks were one of the best non-counterfeitable Government currencies ever cut. From my poembank.htm

The record most successful case was in the British Isle,

Where "Tallies," sticks of money, left King Henry I with smile.

Accountants in the Treasury would split the stick in two,

One half would be the money and the other half its due.

A tally worth a pound of gold to pay the King's expense,

The other half amounted to taxation that made sense.

[melodymaker65]

lol....hey buddy can you spare some extra chang

[peckiledorf]

mr chang can wipe his ass with what he prints

[LeGioNoFZioN]

Mr Change sounds like he is a West Indian, bless up bredren.

[EricFunnyFlix]

He is. I think I know him. I think he's from Jamaica.

[xXGoDxiSxdEaDx666Xx]

The closest thing we have here in Inglewood is Santa Monica Hours...I think i might just make Inglewood hours :p I think ill make it out of Silver and Gold :) Fuk the System

[MrShootinputin]

I want to make my own currency too. :)

[motorolarules]

Russia Today, you are everything the "Republic"(s) media is not for the most part..., HONEST! Lets bring this back to the community

[ssips720]

" Each other We Trust" yes

[motorolarules]

sweet

[talltreehill7]

yeah very good idea this guy has

[NCZeitgeistMovement]

Implement these today for the Reality of the Venus Project tomorrow. Money = fear

1. Do not do business with the system, buy local.

2. Watch independent news and protect the internet for your information.

3. Do not join the military.

4. Do not support the energy companies.

5. Reject the government and its tyrannical policies.

6. Join The Venus Project and The Zeitgeist Movement.

7. Band with other like minds. Build the future.

The Resource Economy will set us free.

[HowToChangeTheWorld]

I would agree with everything you said minus the Venus Project. You are obviously a Zeitgeist fan, and so am I, but IMO, the flaw in the Venus Project is the idea man can and should be replaced by machine, and that you can monitor and control all aspects of nature. This is not sustainable and there is very little room for individuality in that future. It feels like communism to me. I prefer Permaculture. No disrespect intended my friend.

[NCZeitgeistMovement]

Are you a Zeitgeist Movement Fan? I agree some aspects of TVP could be improved. TVP is not a doctrine and it would be man who would master machines. Communism and all the isms still rely on the monetary system. In a Resource Based Economy (RBE) everyone would benefit from earth's resources without predujuce. Thanks for the feedback.

[kingofthepaupers]

Jct: Zeitgeist Addendum were great in getting to the first step in the derivation of the Miracle Equation. Remember how they pointed out that they only printed the Principal P but everyone owed PRincipal plus Interest P+I so the ratio who survived were P/(P+I). They did not work out the ratio for the remainder who get knocked out of the game: I/(P+I) and get their collateral confiscated resulting in the same money chasing less goods, Shift B Inflation.

[Gunnarsguns]

We need a new nationaly accepted credible currency that is accepted here and eventually worldwide that is totally disengaged from the dollar and is backed by redeemable tangibles.Everyone worldwide is being held hostage by this bullshit fiat currency and it needs to go along with the parasites that created it.

[RadarKat73080]

I like the slogan! "In Each Other We Trust". Only two things are worth a damn: friendship and real estate!

[melodymaker65]

ITS ABOUT TIME FOR A CHANG!

[iloveterriers]

This guy is a genius.

[mikkitiny]

lol. got to learn how to print money: 1 mikkitiny, 10 mikkitinys, etc.

[MoscowMaestro]

Why start with the small stuff? Go right in with the 100 and 500 mikkitiny. You can get around to the small-change stuff later ;)

[mikkitiny]

the idea is worth considering. lol.

[Whorulesnow]

I would do that in my community. Good idea.

[johnu78]

Do an internet search on Community Currency magazine. It's a free publication that you can find online in PDF form. That'll teach you a lot about community currencies. Good luck! -John

[Whorulesnow]

Hey, thanks for the info. Darn nice of you.

[johnu78]

You're very welcome. Good luck with it. -John

[Marspyramids]

lol the Patomic will fail just as hard as the dollar. Gold / Silver / Water will be the only things of value in years to come.

[dakusahab]

yeah good luck, you do realize gold and silver are mined right? and ore grades are crashing while energy used in mining is increasing exponentially. you think you will get rich buy buying gold, but in reality if people have no gold or silver then will make their own currency, they won't become slaves to you instead of the banks either. gold silver is still good though for security and because they are universally accepted.

[kingofthepaupers]

"gold silver is still good though for security and because they are universally accepted"

Jct: And now they're using telephone-minutes to trade in Africa, phone-cards in Arabia, as well as Hours in Ithaca and Greencurrencies in LETS around the world too. I wonder how long people are going to want to store their value in a heavy metal container?

[GaelicBeerBash]

the Feds reserves come from the illegal printing of fiat money(counterfitting) that is given out as loans and when you can't pay back your loan they collect what you put up for collateral or failed to be able to pay off i.e. your house, your car etc., they rob you and build up there net worth with the assets of yours that they robbed, little fucks been doing it for 100 yrs and are gonna get one hell of an ass whoopin when the rest of the country gets informed, and their slowly gettin there

[dan020350]

someone did something like this a year ago, the gov't confiscated his shop and I think all of his silver

[dan020350]

good art :)

[wsm34]

that is SO STUPID...use gold or sliver...that money has what type of weight,,???

[ForTehNguyen]

commodities are the only real money in this world, gold and silver

[Tressco]

"IN EACH OTHER WE TRUST"

[josepv3]

make my own money, huh, why didn't i think of that

[kingofthepaupers]

Jct:In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours. I'll take your or his printed IOU for night's accommodations back in your or his hometown if you'll take my IOU for a night's accommodations back in my town. It works. And it's global once you start.

[josepv3]

Very interesting, however, I can't see what gives this "town" currency VALUE.

[SayNoToBrainWashing]

What gives the US dollar currency its value? It's simply your acceptance of it as the currency.

[troglodyte3344]

hope he can afford all that printer ink

[SvrchovaneCechy]

Brilliant. Decentralisation of a currency supply and local barter systems, that's what we need along with gold standard. End the FED!

[NWOpartycrasher]

The federal reserve is not federal and there are no reserves

[labartic]

There are reserves LOL The promise of their future raping of Americans bank accounts, wealth, and futures. We are the reserves and we are being used up.

Also I wouldnt be surprised when the gov begins selling off parts of the country to foreign creditors. I heard there is a massive pier being built near camp lejune in california. Maybe for the chinese to land at.

[Tressco]

That's why it has to be called "Lying Fraud"!