money

Matthew Slater’s review of recent money news

The Credit Commons protocol was written by Matthew Slater. It’s the ‘language’ that allows groups all over the world to connect and interact. It’s a bit like the rules of chess – it doesn’t matter what kind of chess pieces or board people are using, as long as they abide by the universally-accepted rules of chess, they can play together.

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Join ‘Way Out Economics’ for a new economic system

Bristol Pay and the Credit Commons Society have joined forces to organise a gathering of practitioners, thought leaders and funders focused on nurturing a new economic system. The event will be hybrid, with the ‘in real life’ element being in Bristol.

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Grace Rachmany: comparing ideas for a moneyless economy, Part 2

Part 2 of an interview with Grace Rachmany, of DAO Leadership and Voice of Humanity. She has some very interesting ideas around currency design and building a new economy based on community / reputation. As with all our interviewees, we think you’ll be interested in her ideas, and what she’s up to.

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Review of Brett Scott’s ‘Cloud Money’

Review of Brett Scott’s ‘Cloud Money’, a ‘convoluted payments circuitry, tied together by institutions you cannot see, but who can see you’.

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Grace Rachmany: comparing ideas for a moneyless economy

eas around currency design and building a new economy based on community / reputation. As with all our interviewees, we think you’ll be interested in her ideas, and what she’s up to.

Read more about Grace Rachmany: comparing ideas for a moneyless economy

How the state favours big business and causes inflation with ‘Quantitative Sleazing’

A new essay on the economics of the pandemic suggests that the recent inflation is a sign that that failure is accelerating towards us. It’s an important reminder for us to ask ourselves how ready we are to both cope and help others in a crumbling economy.

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Mutual Credit Services – keeping communities alive after COVID: Investment, saving & location

Mutual Credit Services (MCS), whose mission is to help build local mutual credit ‘clubs’ in the UK and overseas, and to link them together to form a global moneyless trading network – the ‘Credit Commons’. Here we’re looking at savings and investments in a mutual credit world, as well as the importance of physical location.

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Mutual Credit Services – keeping communities alive after COVID: Local authorities & anchor institutions

This is the fourth in a series of articles looking at the development of Mutual Credit Services (MCS), whose mission is to help build local mutual credit ‘clubs’ in the UK and overseas, and to link them together to form a global moneyless trading network – the ‘Credit Commons’. Here we’re looking at local authorities and anchor institutions

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Mutual Credit Services – keeping communities alive after COVID: Trade Credit Clubs and credit clearing

Third in a series of articles looking at the development of Mutual Credit Services (MCS), whose mission is to help build local mutual credit ‘clubs’ in the UK and overseas, and to link them together to form a global moneyless trading network – the ‘Credit Commons’.

Read more about Mutual Credit Services – keeping communities alive after COVID: Trade Credit Clubs and credit clearing

Mutual Credit Services – keeping communities alive after COVID: explaining the Credit Commons Protocol

of Mutual Credit Services (MCS), whose mission is to help build local mutual credit ‘clubs’ in the UK and overseas, and to link them together in a global trading network. Here we provide a basic explanation of the Credit Commons Protocol.

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Mutual Credit Services – keeping communities alive after COVID: introduction

Members of the Lowimpact.org co-op are involved with Mutual Credit Services (MCS), whose mission is to help build local mutual credit ‘clubs’ in the UK and overseas, and to link them together in a global trading network. We’re often asked about the current state of play, and so we’ve put together a series of 6 articles to explain what progress we’ve made.

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Is money the root of all evil?

Is money the root of all evil? Shaun Chamberlin Part 2

Is money the root of all evil?

This is Part 2 of a conversation with Shaun Chamberlin (Part 1 is here). Shaun left the board of the Ecological Land Co-op as I joined. He’s been involved with the Transition Network – he wrote the Transition Timeline. His website is Dark Optimism. He took on the work of David Fleming after his death,

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Does ‘system change’ advocacy mean ‘anti-capitalism’?

What I mean by system change is system replacement, rather than system tweaking (aka ‘prolonging the agony’). This raises (not begs – please, not begs) three questions:

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Craft production, prices and mutual credit: weaving

This is the third and final part of an interview with weaver and mutual credit enthusiast Eloise Sentito of These Isles, in which we talk about the prices of craft produce, and how mutual credit can help. Part 1 contained advice for anyone considering a career as a weaver, and part 2 was about the

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A brief history of money, from 700 BCE to the present day

A brief history of money

A brief history of money, from 700 BCE to the present day

Here’s a quick and dirty history of money. Since I’ve been involved in the mutual credit world, I’ve been reading various ‘history of money’ texts, and so I thought I’d organise the notes I’ve taken into a blog article. It’s a half-hour read, to accompany our new ‘Low-impact money’ topic, and I think it gives

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Credit commons protocol

Join our presentation: the Credit Commons protocol – tech agnostic, low-friction transactions for all

Credit commons protocol

You’re invited to join our presentation on the ‘Credit Commons’ – a protocol to connect and unite mutual credit groups globally – on Friday 4 June from 4-5.30pm. Sign up here.

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Open Money exchange system

The new Open Money exchange system: Michael Linton, founder of LETSystems

Open Money exchange system

This is Part 2 of a conversation with Michael Linton – founder of LETS, the moneyless exchange system. In Part 1 we talked about LETSystems and why it didn’t grow in the way Michael would have liked, and in Part 2 we’re going to talk about his new idea – Open Money.

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Michael Linton LETS

LETS – origins, and what happened next: Michael Linton of LETSystems & Open Money

Michael Linton LETS

This is Part 1 of a conversation with Michael Linton – inventor of LETS, the moneyless exchange system. I want to talk about that, and he has a new idea called Open Money that we’ll talk about in Part 2.

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Mutual Credit in Africa

Mutual credit in Africa: interview with Will Ruddick of Grassroots Economics

Mutual Credit in Africa

I’d like to introduce Will Ruddick, who set up the Grassroots Economics Foundation in Kenya around ten years ago, that runs a very successful mutual credit network (called the Sarafu Network) there.

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Piggy banks : savings investment mutual credit world

Saving and investment in a mutual credit world

Piggy banks : savings investment mutual credit world

Nothing we do to try to move to a sustainable, healthy and democratic society will work as long as we have the current money system, because money has two conflicting functions. It can be used to buy and sell things, and it can be used to store, hoard, accumulate and become wealthy with. As long

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