Insight and inspiration in turbulent times.
Loss of faith in national currencies could lead to economic paralysis. Local currencies can provide solutions while stimulating local trade and relocalisation efforts. Renewable energy backed local currencies may be an important economic invigorator in a post-peak world.
Transcript of a broadcast advocating tradeable fuel entitlements as the best means of negotiating the peak & decline of oil supply.
A report on the initial success of a community currency in Benton County, Oregon.
Any currency that can maintain its value among its users can function. Historically, many alternative, or local, currencies have worked and many still do.
BUENOS AIRES (Dow Jones)–Argentina and Venezuela will extend this year’s fuel-for-food accord over the coming years, giving Argentina the option to continue importing diesel and gasoil from its South American neighbor, if current gas and power shortages remain a problem.(Adds comments from Planning Minister De Vido’s spokesman saying this year’s $ 240 million fuel contract deal would be renewed in 2005.)
