Printing local money

Started by mgt23, April 06, 2009, 04:28:21 AM

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abduLMaria

#1
July 15, 2009, 09:53:57 AM
http://campfire.theoildrum.com/node/5158

"Image 1. Front and back sides of a Mendo Credits slip. Our first printing of Mendo Credits was for 600 notes sold at $10 each. Proceeds from the sale of Mendo Credits allows us to purchase 8000 pounds of grains and dry beans. Mendo Credits are 100% backed by specific quantities of pinto beans, triticale, and white and brown rice."

people are doing it here & there.

Planet of the SWEJ - It's a Horror Movie.

http://www.PalestineRemembered.com/!

veritasvincit

#2
July 15, 2009, 07:18:06 PM
abdulMaria:

this type of local money makes sense - local money used for something that is universal to everyone: food, while at the same time supporting local producers

there is no middle man making a profit - hopefully not produced with any monsanto seeds either

a win/win situation

excellent !
Matthew 22:  36-40
Master, which is the great commandment in the law? Jesus said unto him.  Thou shalt love the Lord thy God with all thy heart, and with all thy soul, and with all thy mind.  This is the first and great commandment.  And the second is like unto it, Thou shalt love thy neighbour as thyself.  On these two commandments hang all the law and the prophets.
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