One way for municipalities to address the credit contraction and
creeping financial coup d’etat we have been writing about and to help
protect their citizenry from a falling dollar is to issue local currency. On the community currency front, here is a good idea from Ron Paul.

For those who want to try the “just do it” method of getting going by
using existing silver and gold coins to transact, check out our tool at
silverandgoldaremoney.com.

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One Comment

  1. Writer Thomas Greco gives a long critique of the Ron Paul speech at his blog Beyond Money: http://beyondmoney.wordpress.com/

    He welcomes the fact that Ron Paul has put the ‘money problem’ so clearly in the public domain but at the heart of his critique is the evolutionary fact that “the highest stage of evolution in the exchange process is direct credit clearing”. Therefore, currencies that revert back to a metal based standard are an illusion.

    Local currencies of the future will be based on and backed by real goods and services or renewable energy sources designated in kilowatt hours.

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