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jQuery Price Format PluginNotgeld - Pre-Inflationary German Currency - a set on Flickr
A photo collection of emergency currency issued by towns in Germany.
My wife's grandfather collected thousands of bills produced by the different towns and companies to make front to deflation first and inflation later and provide certain stability to workers and residents."Notgeld" (emergency currency) was provided by cities, boroughs, or even private companies while there was a shortage of official coins and bills.Dollar ReDe$ign Project - We need to rebuild our country, revive our economy, redesign the Dollar bill. Email us your ideas. Win a prize. In God We Trust, In Change We Believe.
A very well thought out take on redesigning US paper currencyThe demise of the dollar - Business News, Business - The Independent
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
The demise of the dollar - Business News, Business - The Independent
In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading.
Content Type: text/html;charset=ISO-8859-1, size: 300,585 bytesMark Wagner’s Currency Collages | Bextim dot Com
Mark Wagner’s Currency Collages
Collages made from moneyTwollars: An Innovative Approach to Fundraising on Twitter
Twollars: An Innovative Approach to Fundraising on Twitter http://bit.ly/1ED6JM [from http://twitter.com/FredericMartin/statuses/1928736633]
. When you put all this together, what do you get? A very powerful virtual-currency-meets-micropayments economy that could be a great way for charities to raise funds, individuals to (directly or indirectly) support a good cause, and businesses to raise awareness of their brand by supporting a good cause. On the other hand, since Twollars are basically free, I see certain potential for misuse; for example, a group of people can create thousands of Twitter accounts for the pure purpose of influencing the Twollar economy.
Twollars: An Innovative Approach to Fundraising on Twitter http://bit.ly/1ED6JM [from http://twitter.com/digital_capital/statuses/1930717473]
Very interesting concept. Part fundraising, part awareness campaigning...Print Your Own Money - Boing Boing
"Capitalism (in addition to being a lot of other things) is the way people get rich simply for being rich."
The economy is as great an example as any of a program that not only got out of control, but became so prevalent - so accepted - that we came to take it for granted. We think of the economy and its rules as given circumstances, when they are actually constructions. In brief, the money we use is just one kind of money. Invented in the Renaissance, and protected with laws banning other kinds of money, it has very particular biases that lead to almost inevitable outcomes.
Economy's as great an example as any of a program that not only got out of control, but became so prevalent - so accepted - that we came to take it for granted. Annotated link http://www.diigo.com/bookmark/http%3A%2F%2Fwww.boingboing.net%2F2008%2F09%2F23%2Fwhat-went-wrong.html
Meanwhile, local currencies had the opposite bias of centralized currency. Local currencies lost value over time. They were really just receipts on the amount of grain that farmer had brought to the grain store. Since some of that grain was lost to rats or water, and since the grain store had to be paid, money devalued each year. This meant the money was biased towards being spent. That's why reinvestment in infrastructure as a percent of total revenue was so high in the late Middle Ages. It's why they built those cathedrals. They were local efforts, by people looking to invest their abundant wealth into real assets for their communities' future. (Cathedrals were built to attract pilgrims and tourism.) Since the purpose of the Renaissance innovations was to keep the currently wealthy wealthy, the currency was biased to favor those who had it - and could mete it out at high interest rates to those who needed it for their transactions.
Money can be just as open source as any other operating system. It used to be.
explaning the american economic crisisBitcoin P2P Cryptocurrency | Bitcoin
RT @draenews: Del Bitcoin P2P Cryptocurrency | Bitcoin: http://www.bitcoin.org/
Bitcoin is a peer-to-peer network based digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network.
Hmm P2P encryption online free banking service, looks very insecure