TEDxBerlin - Bernard Lietaer - 11/30/09

[onewholearth]

Profit at any price vs. people before profit.

[Trocobank]

Análisis de un gran experto sobre la situación económica. Trocobank tiene en cuenta su filosofía del esquema de crédito "business to business"

[2Manolo3]

Although I see that this could be a partial solution. The current problem is bigger. THE problem is corruption and the class regeluation between the rich and the poor. Having money makes money interest. Having no money you need to borrow and pay the bank.

If we ever want a good system we need to A) Design a system that is almost uncorruptable, maybe direct democracy. And make the laws equal for everyone, certainly when money is involved.

But ofcourse that is if we still want to use money.

[rosplinter]

I'm starting my thesis about complementary currencies, and I'm very glad to see that there´s very intelligent people carrying out the Gesell's and Fisher's idea of the use of alternative interchange media.

I was thinking of write only about the Tumin currency system in Mexico. But I see that Lieater thoughts are far away from this small effort. Yet it's encouraging, because I found support beyond the Atlantic. Thank you.

[Meeks861]

@rosplinter Have you read Lietaer's The Future of Money? Im currently reading it now, I think you would love this book because he covers complementary currencies extensively. I'm working on the segment of the book where he goes over a global reference currency that could be used by those who wish to use it with a sustainability fee(i.e. demurrage charge). Good stuff.

[martinvaxjo]

Love the lecture. but how do we solve this problem?: Easter island's End by Jared Diamond, In my mind it does not matter which growing economy they had there, local currencies or not. the problems was lacking resources for a growing population.... Just like we have. Don't we?

[Downfurlife]

The war did not get us out of the depression. Broken window..... He started with a lie. How good is the rest of the potential lies?

[SunnyGFarnsworth]

@Downfurlife you're right it didn't... the war destroyed nearly every other developed nation and allowed the US to come out relatively unscathed with the only nuclear technology in the world and former Nazi scientists to keep it that way (away from the Russians). THAT got us out of the depression.

[keochk]

we need a resource based economy, with no money included, rather than a diversity of currencies

[pietrod1221]

inform about WIR, simec, simec, CHIEMGAUER, worgl, yac, wara, ecc. ecc. this is some parallel currencies that work now (..and in the past in some country)

this currencies is EVERYTIME OPPOSED BY GOVERMENT: now in ue ew can't have other currencies!!!! : THE NETWORK DOESN'T CHANGE BECAUSE THE INTEREST OF THE MEN THAT USE THIS SYSTEM ARE TOO HUGE: THEM ARE THE SYSTEM!!! read this from the same economist: lietaer.com/2010/09/effects-of­-interest-based-currencies/

[FishyMoe]

Anyone with half a brain can conclude that the current economy is engineered to fail rather than fails due to extraneous variables. No amount of revising will fix it. I will always fail.

[Julesltdr]

Those "C3" don't sound that different from credit notes, which have existed and been used as a quasi-currency for centuries...

[ElCedron]

In my opinion the best solution for opened credit network is Ryan Fugger's Ripple project.

It is an open source project, you can at once use the service at Ripplepay.

[yaluobud]

Lietaer promotes the idea of Commercial Credit Circuits (C3) which basically boils down to a Trade Exchange... similar to "Barter Card" etc. ~ A privately run local monetary system operating within a national monetary system using barter dollars or brownie points to record who owes who what. The downfall of such a system is that it undermines government regulatory control.

[yaluobud]

But as continuous financial crises prove, governments have not been that effective in managing their system anyway. Regular banks already inject credit into an economy (when they feel like it) through the creation of debt. What is to stop the new age entrepreneur from doing exactly what the Rothschilds did two hundred years ago?

[SocialTradeOrg]

@CommunityWeaver The software is called Cyclos and is open-source. Search for Cyclos to visit the website.

[CommunityWeaver]

Where can we find the software Bernard refers to for complementary currency?

[nnCampagne]

The Political party New Netherlands suports these ideas and implements an alternative money system (Netherlands).

Regards,

Iwanjka

[venefikuz]

@nnCampagne a monetary system is obsolete, we need a resource based system (no money included) sounds like socialism but it is totally noy

[marksls]

@venefikuz you're an idiot

[venefikuz]

@marksls I'm sorry I have more likes in my comment than you have in yours.

And I am even more sorry that you are so narrow minded, that means transition will be harder for you. But it's still OK.

[venefikuz]

@marksls can't you handle arguments? :) greetings

[Meeks861]

@venefikuz I have read most of the books put forth by Fresco as well as Joseph, including the documentaries featuring the Resource-Based Economy. I have a strong understanding of what the RBE is and how it would operate. My only problem with it is that it is so foreign to the traditional economic train of thought that it will be difficult for society at large to implement it. I see Lietear's suggestions as a valid way to attain the goal of "sustainable abundance" in the interim.

[tsooster]

Very interesting, thank you!

[SocialTradeOrg]

The methodology of the Commercial Credit Circuit is developed by the Social Trade Organisation (STRO) and implemented in a.o. Uruguay, Brazil and El Salvador.

Please visit our website for more info.

[MaiaMaiaProject]

@SocialTradeOrg Wonderful and predictably 'right on the money'. Bernard Lietaer is exactly right - we need more diversity and interconnectivity in our financial system - the monopoly on money is killing us over and over again. We are looking at this issue from another angle with Emission Reduction Currency Systems wherein we back local currency with greenhouse gas reductions as a globally recognised shared economic interest. Would like link with C3 as means to extend credit to consumers.

[nittyjee]

youtube is not letting me post links

for a written explanation, google:

Commercial Credit Circuit (C3) World Academy