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March 22, 2010


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where these schemes always seem to come unstuck in the uk is from a complete distrust, almost paranoid fear among small busineses which is ironic because it is exactly these small busineses that would benefit most from a demurrage scheme.
I think all countries should use this type of local money, after all the channel islands became super rich because of demurrage money although they no longer use it, before introducing it a few hundred years ago they were just about banrupt.
Demurrage is not THE answer but it is AN answer.
Ireland for example should introduce demurrage money now while they still have an economy. I can't beleive that such a fantastic idea is so rare in the world

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