Show: Peak Moment - Locally Reliant Living for Challenging Times

Episode: 292 Local Currency — Money for Us, Not the Bankers


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Episode Description:

"Back in the 1930s on the Olympic peninsula, people were paying their taxes in alternative money…The banks shut them down. This is an example of the monopoly the banks have, and the level of control they have over peoples' economic lives… People need to know [local currency] is a possibility, an option, a realistic tactical and powerful way to take back your economic power from the bankers." Fourth Corner Exchange co-founder Francis Ayley says the current debt-based global money system is an unsustainable Ponzi-scheme that will crash. By contrast, local currencies are unlimited, based on whatever members want to exchange. He and director Lia Ayley share the nuts and bolts for new members starting to exchange, how values are set, and exchanges involving both Life Dollars and US dollars. The biggest challenge, they say, is changing our mindset from the scarcity built into the existing monetary system to one based on relationships, cooperation and plenty.

Episode Short Description: N/A

Downloads of This Episode:

[SD File Downloads]: 19

[HD File Downloads]: 0

[Total File Downloads]: 19

 


SD (Standard Definition) File

File Name of SD Episode: PM292.mpg

Total SD Episode Video Runtime (hh:mm:ss): 00:27:51

File Size of SD Episode Video: 1,077,854,014 Bytes

Resolution of SD Episode Video: 720x480

Date SD Episode Video Uploaded: Friday, July 17, 2015 - 17:27


HD (High Definition) File


This episode has not been uploaded by the producer in HD format and is not available for download.

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