Bernard Lietaer

Look at any financial institution, at any bank. They’re all photocopies of each other. There’s no diversity of institutions and even less diversity of currency. Therefore, just as you say its very logical that an ecosystem like this will collapse, it’s very predictable a monetary system like this will collapse, too. And it hasn’t finished collapsing, by the way.

“Look at any financial institution, at any bank. They’re all photocopies of each other. There’s no diversity of institutions and even less diversity of currency. … Read More

Conventional money is supposed to be doing everything. By adding in complementary currencies, you actually get different types of things and different outcomes from different complementary currencies.

“Conventional money is supposed to be doing everything. By adding in complementary currencies, you actually get different types of things and different outcomes from different … Read More

GREED AND COMPETITION ARE NOT THE RESULT OF IMMUTABLE HUMAN TEMPERMENT…GREED AND FEAR OF SCARCITY ARE IN FACT BEING CREATED AND AMPLIFIED …THE DIRECT CONSEQUENCE IS THAT WE HAVE TO FIGHT WITH EACH OTHER IN ORDER TO SURVIVE

“GREED AND COMPETITION ARE NOT THE RESULT OF IMMUTABLE HUMAN TEMPERMENT…GREED AND FEAR OF SCARCITY ARE IN FACT BEING CREATED AND AMPLIFIED …THE DIRECT CONSEQUENCE … Read More

Money is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically send you out into the world to bring back $200,000 in the next twenty years. The first $100,000 is principal, and the second is interest.

“Money is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically … Read More

When the banks create the money, they don’t create the interest. They send you into the world to compete with everybody else to get the second $100,000 that never was created and bring it back to them. So if we’re in a world with zero-growth population, goods, services, and money, the problem would be obvious.

“When the banks create the money, they don’t create the interest. They send you into the world to compete with everybody else to get the … Read More

Complementary currencies work in addition to existing money, rather than replacing existing, official money. There are whole different families of complementary currencies. One of them is local currencies. One is regional currencies. Another is functional currencies. Another is social-purpose currencies.

“Complementary currencies work in addition to existing money, rather than replacing existing, official money. There are whole different families of complementary currencies. One of them … Read More

Basically, for any complex to be sustainable needs to have a balance between two factors: resilience and efficiency. These two factors can be calculated from the structure of the network that is involved in a complex system. A resilient, efficient system needs to be diverse and interconnected. On the other hand, diversity and interconnectivity decrease efficiency. Therefore, the key is an appropriate balance between efficiency and resilience.

“Basically, for any complex to be sustainable needs to have a balance between two factors: resilience and efficiency. These two factors can be calculated from … Read More