Currency

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“Only when the last tree has died and the last river been poisoned and the last fish been caught will we realize we cannot eat money.”

~Cree Indian Proverb

Recently, there has been considerable focus on currency, which has sparked a vivid debate over local and global currency models and implications. Whether it’s Corporate Social Responsibility (CSR), ethical business and investment or philanthropic acts that illuminate the amount of wealth that some individuals have power over – money is still a hot topic.

And still a controversial topic where it is increasingly obvious that the disparity between rich and poor, North and South and global and local business gets wider every day. Many comment that ethical investing is a lot of green washing and question whether business and ethical can be neighboring words.

These resources are to encourage you to look at the history of money, why we use it, why it is important and what it represents. Also, there is some information on the links between the economy and the natural world and some interesting writing on natural economies. We also include resources that look at options for the development of local currency models.

Post Carbon Institute is also researching the benefits and different characteristics of an energy backed currency. This type of currency would be backed by the production of local renewable reliable energy, in a backing-method similar to the American dollar, when it was backed by gold. In this way, the currency system which is linked to local energy production, would have the effect of confining or restraining the level of economic growth, working to protect local businesses and eco-systems within the community.


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