Complementary Currency Systems Bridging Communities : Proceedings of 6th Biennial RAMICS Congress, 27-29 October, 2022, University of National and World Economy, Sofia, Bulgaria
Humanity is faced with the challenge of changing the way we act. Sustainability and solidarity are the survival strategy and must be placed in the
foreground as utility, profit becomes less important. My paper deals with the question of making sustainability and solidarity affordable. The basic idea is to split the price into a part that we can influence ourselves and another part that we have to accept due to globalized markets. The allocation takes place in a complementary currency. The paper outlines a global standard for local currencies and would like to be the basis for further iscussions. The paper outlines the most important elements of a standard: Creation of complementary money through the sale of sustainably produced goods and services based on solidarity Minimizing transaction costs through mobile payment and blockchain technology
The goal: Promotion and financing of solidarity and sustainable trade by increasing the speed of money circulation with measures like demurrage money. This justifies the expense of a second currency Rules on the use of savings for microcredit and social protection schemes We have an exchange of goods and services with global markets. Measures and rules for import and export are crucial for success. The cooperative principle is
applied to purchasing, housing, land and renting. The idea offers incentives for system providers and cost benefits for global markets. This could be useful for financing The basis of paying is trust. Therefore, the top priority is voluntariness. Is the willingness for this experiment there? What requirements do the users have to bring with them. The search for the perfect commune.
Brass, P. Profit and Utility - to Make Sustainability and Solidarity Affordable,
Monetary and Economic Research Center /MRC/, 2023, 362-380.
Brass, P. .
Profit and Utility - to Make Sustainability and Solidarity Affordable.
Sofia: Monetary and Economic Research Center /MRC/, 2023, 362-380.
Brass, P. (2023)
Profit and Utility - to Make Sustainability and Solidarity Affordable,
Sofia: Monetary and Economic Research Center /MRC/, 362-380
Brass, P.
(2023).
Profit and Utility - to Make Sustainability and Solidarity Affordable. Complementary Currency Systems Bridging Communities : Proceedings of 6th Biennial RAMICS Congress, 27-29 October, 2022, University of National and World Economy, Sofia, Bulgaria. Sofia: Monetary and Economic Research Center /MRC/, 362-380.
