Systems

There are ideas how to rescue Greece’s economy wrecked by the financial system.

protests-in-greece-09 demonstrations-in-greece economic_protests_in_greece_6_20120227_1562870857 demonstrations-in-greece-greek-police-man-on-fire demonstrations-in-greece-oxi-no demonstrations-in-greece-greek-police-man-on-fire-pb-110223-greek-protests4-jm-photoblog900

Greek students march outside the Parliament in Athens during an anti-fascism protest on September 25, 2013. Most of the country's mainstream parties called for a large turn-out in the early evening protests, which were sparked by the murder of an anti-fascist musician, allegedly at the hands of a self-confessed neo-Nazi last week. AFP PHOTO / ARIS MESSINIS
Greek students march outside the Parliament in Athens during an anti-fascism protest on September 25, 2013. Most of the country’s mainstream parties called for a large turn-out in the early evening protests, which were sparked by the murder of an anti-fascist musician, allegedly at the hands of a self-confessed neo-Nazi last week. AFP PHOTO / ARIS MESSINIS

demonstrations-in-greece-people-of-europe-rise-up

First Greece was “introduced” into the Euro-Economic zone from Goldman-Sachs consultants – then the (obviously) corrupt Government took all the money they could borrow and ran away.

Now Greece has voted Left and got a Left government – but this government seemed to be manipulated by (Banks?) to not act upon what was promised. (I assume they are not stupid and not that corrupt)

So things are kind of “stuck” in embedded into a”generally stuck” monetary-debt system be it the Dollar or the Euro.

So there are people with new ideas and new concepts like introducing a complementary (but still Euro-bound) new currency in Greece only for Greece by Greece.

But will anyone listen or follow suit?

Or will “privatization interests” and “PowerAddiction” of those who want to control the world by money – be stronger?

“Wirtschaftsaufschwung in den Krisenstaaten durch umlaufbeschleunigtes und abflussgebremstes Regiogeld von Christian Gelleri und Thomas Mayer, Februar 2012

geld-zu-und-abflusse-eurozone-deutschland-griechenland-im-vergleich-2009-2014

Die Bewältigung der Eurokrise ist möglich. Ein die regionale Wirtschaft und reduziert das Handelsdefizit.

– Der Staat hat durch die Ausgabe des Regios sehr effektiver Weg ist das Expressgeld:euro-drachme-griechenland

– Damit können die Euro-Krisenstaaten den Geldfluss in ihren Volkswirtschaften beschleunigen (Liquiditätsoptimierung), was zu Wirt-schaftswachstum, neuen Arbeitsplätzen, mehr Steuereinnahmen und mehr Unabhängigkeit vom Ausland führt.

– Die Parlamente und Regierungen von Griechenland, Portugal oder Irland können das selbst beschließen und ein staatliches Regiogeld ein-führen, im Folgenden ”Regio” genannt.

– Der Regio ist keine eigenständige unabhängige Währung, sondern ein ”Nebengeld” des Euro, ist an diesen gekoppelt und wird zusätzlich zu
diesem verwendet. Er ist durch hinterlegte Euro gedeckt und wird vom Staat zusammen mit der Notenbank in Umlauf gebracht.

Wenn man sich einmal vorstellt, dass eine Maß nahme, die den einzelnen Bürger im Durchschnitt etwa 50 (N)EURO im Jahr kostet, eine durchschnittliche Einnahme von 6.000 (N)EURO erzeugt, dann muss man sich fragen, warum das noch nicht längst umgesetzt ist.

Die Antwort ist einfach: Anders denken ist anstrengend.

Wenn wir so weiterdenken wie bisher, dann drucken wir pro Monat 60 Milliarden Euro und kaufen dafür Altschulden.

Dadurch steigen zwar die Börsenkurse ins Unermessliche, aber den Bürgern bringt das rein gar nichts, außer dass jeder einzelne von uns am Ende die Rechnung bekommt: 2.000 Euro sozusagen als erster Abschlag für die noch kommenden größeren Rechnungen.

Das haben wir bzw. unsere Banker und Politiker halt bestens gelernt:

Schulden mit noch mehr Schulden bezahlen.

Die Idee, das Geld in Griechenland einzusperren und unter Umlaufzwang zu setzen, würde voraussetzen, dass wir die Gelddruckmaschine für eine Weile anhalten und vielleicht sogar einen Teil der zu viel gedruckten Euro vernichten. Verrückt, oder?”

Quelle: Expressgeld statt Euroaustritt – von Christian Gelleri und Thomas Mayer http://www.unterguggenberger.org/getfile.php?id=3433

https://stevenblack.wordpress.com/2012/02/28/die-krisenlsung/

http://www.eurorettung.org/ <- ob sich das “GrandmasterCash” alias Wolfgang Scheuble mal anschaut? Oder gar der Draghi? (neeee der is doch von GoldmanSachs… ne der will bestimmt den 3ten Weltkrieg)

scheublehttp://www.eurorettung.org/fileadmin/media/Eurorettung/2015_06_Parallelwaehrung_fuer_Griechenland_-_Christian_Gelleri_-_A4.pdf

Auch interessant:

Griechenland kämpft ums Überleben in der Euro-Zone, die meisten Krisenpolitiker wollen das Land jedoch im Währungsraum halten. Nun macht der Chefvolkswirt der Deutschen Bank einen ungewöhnlichen Vorschlag: Das Land soll einfach zwei Währungen parallel nutzen – den Euro und den Geuro.

http://www.spiegel.de/wirtschaft/soziales/geuro-deutsche-bank-experte-fordert-parallelwaehrung-fuer-griechenland-a-834302.html

Die EU auf dem Weg zur Wirtschaftsregierung? – https://www.kuwi.europa-uni.de/de/studium/master/es/MES-Publikationen/MES-Perspektiven/MES-Persp_1_2011.pdf

IWF: “Zunehmende Neigung zur Scheinheiligkeit” – 16. August 2016 Florian Rötzer – https://www.heise.de/tp/features/IWF-Zunehmende-Neigung-zur-Scheinheiligkeit-3294741.html

http://www.tandfonline.com/doi/full/10.1080/09692290.2016.1174953

In recent years, the International Monetary Fund (IMF) has re-emerged as a central actor in global economic governance. Its rhetoric and policies suggest that the organization has radically changed the ways in which it offers financial assistance to countries in economic trouble. We revisit two long-standing controversies: Has the policy content of IMF programmes evolved to allow for more policy space? Do these programmes now allow for the protection of labour and social policies? We collected relevant archival material on the IMF’s lending operations and identified all policy conditionality in IMF loan agreements between 1985 and 2014, extracting 55,465 individual conditions across 131 countries in total. We find little evidence of a fundamental transformation of IMF conditionality. The organization’s post-2008 programmes reincorporated many of the mandated reforms that the organization claims to no longer advocate and the number of conditions has been increasing. We also find that policies introduced to ameliorate the social consequences of IMF macroeconomic advice have been inadequately incorporated into programme design. Drawing on this evidence, we argue that multiple layers of rhetoric and ceremonial reforms have been designed to obscure the actual practice of adjustment programmes, revealing an escalating commitment to hypocrisy.

Additional author information

Alexander E. Kentikelenis

http://www.kentikelenis.net/

 alexander-e-kentikelenis

Alexander Kentikelenis is a research fellow in politics at Oxford University, and a fellow in global social protection at Harvard University. He has published extensively on the effects of economic crises, austerity, and structural reforms on social protection policies.

E-mail:    alexander.kentikelenis@trinity.ox.ac.uk
Address:   Trinity College
Oxford OX1 3BH, UK
Telephone: +44 (0)759 3212 319
Twitter:   @kentikelenis

Thomas H. Stubbs http://www.tstubbs.net/

thomas-h-stubbshttps://twitter.com/thomstubbs

Thomas Stubbs is a lecturer in sociology at the University of Waikato, and a research associate in political economy at the University of Cambridge. He has recently published on donor behavior in aid allocation and on the effects of structural adjustment on health systems.

Lawrence P. King http://www.lawrenceking.net/

lawrence-p-king

lk285@cam.ac.uk

Lawrence King is a professor of sociology and political economy at the University of Cambridge. He has published extensively on the transition from socialism to capitalism and the political economy of public health.

IMF conditionality and development policy space, 1985–2014 Alexander E. Kentikelenis, Thomas H. Stubbs & Lawrence P. KingPages 543-582 Published online: 24 May 2016 Download citation http://dx.doi.org/10.1080/09692290.2016.1174953

regioslogo-geld-fur-die-regionMoral Money: A Case Study at the Chiemgauer Regional money

20-chiemgauer-mit-marken

This paper investigates a special form of a community currency, the German Regiogeld System, which is a private monetary system with a regional validity and a non-profit-agenda. The focus of the sociological study is on how this special money effects actions of consumers. After some general information to the Regiogeld system, it therefore describes 2-chiemgauer-mit-markenwhy people use this limited and costly form of money at all, how exactly they use it and for what special patterns of usage they adopt the regional money as their own. As a result it can be demonstrated that money is evaluated concerning its functionality and its symbolism. Since Regiogeld attempts to be an efficient monetary system and a moral symbol at once, it develops a structural problem which restricts the Regiogeld’ expansion.

Regionalwaehrung "Chiemgauer":Gast bezahlt seine Rechnung im Wirtshaus mit "Chiemgauer", Wirtin im Dirndl,Hofbraeuhaus Braeustueberl, Traunstein, Bayern,27.02.2007
Regionalwaehrung “Chiemgauer”:Gast bezahlt seine Rechnung im Wirtshaus mit “Chiemgauer”, Wirtin im Dirndl,Hofbraeuhaus Braeustueberl, Traunstein, Bayern,27.02.2007

Christian Thiel

To cite this article: Thiel, C. (2012) ‘Moral Money – The action guiding Impact of Complementary Currencies: A Case Study at the Chiemgauer Regional money’ International Journal of Community Currency Research 16 (D) 91-96  <www.ijccr.net> ISSN  1325-9547 http://dx.doi.org/10.15133/j.ijccr.2012.015

IJCCR 2012 Thiel

Official Website: http://www.chiemgauer.info/

Konzept des RegionalGeldes

“The Idea is simple. People trade Money or Services into a regional currency and can only spend it regionally.

This strengthens smal and medium sized local businesses because it is not possible to buy products from overseas”.

“Die Idee ist simpel. Menschen tauschen Geld oder Leistungen in eine Regionalwährung und können diese nur in der Region ausgeben.

Ebenso müssen Unternehmen die Regio-Einnahmen in der Heimat investieren. Damit sollen regionale Wirtschaftskreisläufe gestärkt werden. Zudem verliert Regiogeld an Wert. Diese sogenannte Umlaufsicherung soll gewährleisten, dass Geld nicht gehortet, sondern ausgegeben wird. ”

src: http://www.spiegel.de/wirtschaft/service/regiogeld-ein-waehrungsmodell-ist-gescheitert-a-844830.html

The Mainstream Media HATES THE ALTERNATIVES: That is why the title of the “SPIEGEL” Article read: “Regiogeld – a failed currency system”

 

German Version of the Video -> here.

Professor of Sorbonne University (Paris)

Perspectives on Money

“I had been accidentally – part of situations (professional jobs) that usually are mutually exclusive – i had been a central banker – i had been involved in the design of the Euro – i had been an off-shore currency fund manager – i had been an academic and i had been president of an electronic payment system – i have been working with the largest multi-nationals on this planet – and i have been working with some of the poorest countries of this planet.

Every one of this angles has every time given me a way of looking at money – in a way that was not visible from the other angles.”

Challenges

“Humanity faces an extraordinary series of unprecedented challenges:

  • Climate-Change
  • Aging of Society
  • Monetary Instabilities under the current system
  • Structural Unemployment – because the technologies we have today – can have economic growth without jobs

Money as a solution

“The conventional money is incompatible with sustainability”

“It has a number of implicit automatic programs that are incompatible with that.”

  • Short-Term-Thinking
  • The way money is created – it is pro-cyclical – it increases the business-cycle
  • it brings all the users in competition with each others. Which is not the best way to operate in certain environments. Competition is good – but having ONLY competition is not good.

Learning from Nature

“Nature does NOT look for MAXIMUM EFFICIENCY.”

It looks for a balance on efficiency on one side and resilience on the other.

If the balance is not correct – if you only go for efficiency – you gonna have a very fragile system.

If you have a over-emphasis on resilience you have stagnation.

Conventional money is extremely efficient.

Money and Sustainability

“The challenges i have mentioned – i claim non of them can be addressed within the current monetary paradigm. (i.e. with a single currency created through bank-debt with interest – none of that is feasable)

With complementary currencies one can address every single one of them.

Money is the most important/powerful leverage point – because it changes the motivation system.

We need to rethink the motivation system that makes it possible to address those challenges.

Complementary Currencies Influencing Behavior

“A complementary currency is a medium of exchange other than conventional money – that people use – within a particular community.

The oldest complementary currency – what i call loyalty currency – the frequent flyer miles – provided motivation to change behavior to use the same airline or return to the same shop.

Those commercial currencies are usefull for the airline or shops but they won’t do anything for society.

Using this technology which is established – 40 years is enough time – a technology that comes from the information age – but apply them for things that do make a difference.

Changing behavior towards the environment, changing behavior to people – motivating people to do things that they won’t do spontaneously – and there is a long list of things that this could apply to.

We need to change behavior on a very large scale rather quickly.

The alternative is regulation or force – prohibiting people to do things – with a currency you can make it attractive – it’s a pull as opposed to a push – and that is a lot more powerful and way more effective.

The big advantage of complementary currencies is you choose your objectives – and you can design a currency that specifically motivates and changes behavior in the direction you are trying to motivate.

If you want to motivate people around the world – to have a complementary currency that specifically aims these behavior patterns and is exportable anywhere in the world – and you can actually bring everybody on board.”

bernard-lietaer-save-the-world-with-a-smart-phone-and-complementary-currencies

“There are more people on the planet having mobile phones than bank accounts.

And the costs of these things 20-30 bucks you have a system that can take part into a global payment system if you want to.”

(Chinese use SmartPhones a lot for payments)

“With the information-age we can now design much cheaper and much more universal payment systems that can have multiple currencies than we could have ever done before.

And that is why i claim that it is possible today to do things with complementary currencies on a scale that has never been available before.

That is fortunate – because we need it on a scale that was never be the same as in the past as well.

My drop in the ocean is an interesting pioneer model.

I want to encourage experimentation – improvements – diversity and my drop in the ocean is part of that.

And it is part of it in a specific field where there is not a hell of lot of things happening otherwise.

We also need to actually start doing work on the main-stream economy with businesses and the relationship with the businesses and citizens/consumers and that is what my drop in the ocean is tackling.”

Visions for the Future

“Leverage of changing the money system is making it possible not only to address the challenges – but actually create a world that i describe as ‘sustainable abundance’.

There is no reason that there should be scarcity in everything.

We can create a planet of sustainable abundance even for 10 billion people i claim.

At the condition – the necessary condition of rethinking our money.

It is not a sufficient condition – i am not claiming it is enough to change the money system and everything else will fall into place.

We still need education – we still need regulation you still need other things.

But i claim it is a necessary condition –

without touching the money system i claim we have no chance – of in a period of 10-15-20 years to have a planet we want to live on.”