- Page 1 and 2: Healthy Money Healthy Planet by Dei
- Page 3 and 4: 2 During the 1960s I listened on th
- Page 5 and 6: 4 money. Richard’s enthusiasm for
- Page 7 and 8: 6 must first be complemented by mon
- Page 9 and 10: 6 For over a decade, Japan struggle
- Page 11 and 12: 8 interestbearing money creation.
- Page 13 and 14: 10 provides a benefit for seller an
- Page 15 and 16: 2 After that, it didn’t take long
- Page 17 and 18: 4 Bank B. This is called a ‘depos
- Page 19 and 20: 6 Second comes the bit where banker
- Page 21 and 22: 8 debt, hence the collective debt c
- Page 23 and 24: 10 simply unsustainable in a finite
- Page 25 and 26: 12 pieces of paper grant the bearer
- Page 27 and 28: 14 master of all industry and comme
- Page 29 and 30: 16 Money Supply 1935 - 2000 120000
- Page 31: 18 commercial banks and is lent int
- Page 35 and 36: 3 Using data from Forbes magazine
- Page 37 and 38: 5 trading volume of all the world
- Page 39 and 40: 7 Total Household borrowing, mainly
- Page 41 and 42: 9 Credit Card debt 1978-2000 3.0 2.
- Page 43 and 44: 11 was NZ$28.3 billion. Of this, NZ
- Page 45 and 46: 13 Government and Corporate Debt (1
- Page 47 and 48: 15 Since some can’t pay, collecti
- Page 49 and 50: 17 In New Zealand, our pace of borr
- Page 51 and 52: 19 perhaps the most astounding piec
- Page 53 and 54: 21 supply is under the control of t
- Page 55 and 56: 23 nonproductive areas such as fi
- Page 57 and 58: 50 3 The Environmental and Social S
- Page 59 and 60: 52 population crises - are differen
- Page 61 and 62: 54 In 1998, for example, 1998 gave
- Page 63 and 64: 56 European economy … We borrow e
- Page 65 and 66: 58 • Six million hectares of land
- Page 67 and 68: 60 which have been mass unemploymen
- Page 69 and 70: 62 social services councils of the
- Page 71 and 72: 64 It is also more expensive to fun
- Page 73 and 74: 66 In 2003 The Social Report, a pub
- Page 76 and 77: i ii
- Page 78 and 79: 2 grow they collapse. Corporations
- Page 80 and 81: 4 trade; in fact, world trade has i
- Page 82 and 83:
6 result, the FTAA has the power to
- Page 84 and 85:
8 The Council for Foreign Relations
- Page 86 and 87:
10 Bretton Woods institutions, thei
- Page 88 and 89:
12 Prompted by the concern of devel
- Page 90 and 91:
14 The philosophy of the Trilateral
- Page 92 and 93:
16 Over the years these spawned a n
- Page 94 and 95:
18 gathered by 8.30am in Melbourne
- Page 96 and 97:
20 We need a new and better model o
- Page 98 and 99:
77 5 Economic Mismeasurement Econom
- Page 100 and 101:
79 The manifesto goes on to examine
- Page 102 and 103:
81 In her book Counting for Nothing
- Page 104 and 105:
83 works projects such as buildings
- Page 106 and 107:
85 cannibalises the informal econom
- Page 108 and 109:
87 In order to come up with a worka
- Page 110 and 111:
89 GPI per capita vs GDP per capita
- Page 112 and 113:
91 they relate to goals in educatio
- Page 114 and 115:
93 producing jobs no doubt, but at
- Page 116 and 117:
89 I agree that there is nothing wr
- Page 118 and 119:
91 but few citizens are also aware
- Page 120 and 121:
93 Economists are trained to think
- Page 122 and 123:
95 The ‘extra‘ money to pay the
- Page 124 and 125:
97 There are two sorts of money tha
- Page 126 and 127:
99 is not valid for either public w
- Page 128 and 129:
101 2. If all interest rates were s
- Page 130 and 131:
1 Part 2: Healthy Money 7 The Conce
- Page 132 and 133:
3 classify currencies and summarise
- Page 134 and 135:
5 Informal Barter The next level up
- Page 136:
7 is: money is something a communit
- Page 139 and 140:
10 Why is Money Trusted? As we have
- Page 141 and 142:
12 in China as early as the Sung dy
- Page 143 and 144:
14 to be speculated on, and as a to
- Page 145 and 146:
16 without debate. The CBI printed
- Page 147 and 148:
those without work. Secondary and t
- Page 149 and 150:
1 8 Doing Globalisation Better: An
- Page 151 and 152:
3 governments. 2 She says that a ne
- Page 153 and 154:
5 continual negotiation between the
- Page 155 and 156:
7 Diversity and coordination of par
- Page 157 and 158:
9 information to pass through. So,
- Page 159 and 160:
11 operating principles in her webs
- Page 161 and 162:
13 Similarly, biologist Elisabet Sa
- Page 163 and 164:
15 over your body could be mined as
- Page 165 and 166:
17 lesson in the importance of mana
- Page 167 and 168:
19 3. Is the economy uniquely adapt
- Page 169 and 170:
21 Cogovernance with Negotiation
- Page 171 and 172:
23 subnational economies. Jacobs sa
- Page 173 and 174:
25 win. All must be conscious of th
- Page 175 and 176:
1 9 Why Complementary Currencies? I
- Page 177 and 178:
3 2. Increased liquidity in a local
- Page 179 and 180:
5 If local economies are to strengt
- Page 181 and 182:
7 Ithaca HOURs and commercial trade
- Page 183 and 184:
9 The interestbearing debt money
- Page 185 and 186:
11 Another reason behind the increa
- Page 187 and 188:
1 10 Userissued Community Currenc
- Page 189 and 190:
3 In New Zealand in 1984 the Lange
- Page 191 and 192:
5 • There is too little education
- Page 193 and 194:
7 happened. People have been able t
- Page 195 and 196:
9 Good ideas are seldom restricted
- Page 197 and 198:
11 because of the variety of incent
- Page 199 and 200:
13 Ithaca’s new HOURly minimum wa
- Page 201 and 202:
15 come in $1, $5, $10 and $20 deno
- Page 203 and 204:
17 The bills are accepted on a par
- Page 205 and 206:
19 Deep budget cuts were necessary,
- Page 207 and 208:
21 This smallscale Mexican curren
- Page 209 and 210:
23 no scope for further taxation, s
- Page 211 and 212:
25 currency flourished, and had 265
- Page 213 and 214:
27 20 Bernard Lietaer, ‘The Futur
- Page 216 and 217:
1 11 Commercial Trade Barter A trad
- Page 218 and 219:
3 million Swiss francs a year. 7 Fr
- Page 220 and 221:
5 In New Zealand, ITEX was able to
- Page 222 and 223:
7 Staff Accounts Occasionally it wo
- Page 224 and 225:
9 negotiation. If the business in q
- Page 226 and 227:
11 out rules so that it doesn’t d
- Page 228 and 229:
13 acquisitions and the concentrati
- Page 230 and 231:
254 12 Complementary Currencies wit
- Page 232 and 233:
256 is afflicted with all the defec
- Page 234 and 235:
258 But i f everyone had to spend,
- Page 236 and 237:
260 probably the most significant a
- Page 238 and 239:
262 was put under pressure from Aus
- Page 240 and 241:
264 sets. Demurrage will only shift
- Page 242 and 243:
266 nutrients. ‘Speed money‘ th
- Page 244 and 245:
268 simec meant that the traders co
- Page 246 and 247:
270 www8.plala.or.jp/oiaue/Tonga/Fi
- Page 248 and 249:
19 13 Privately Issued Currencies Q
- Page 250 and 251:
21 Unichem pharmacies. The points b
- Page 252 and 253:
23 the craft club, the fire brigade
- Page 254 and 255:
25 was awaiting a private ruling on
- Page 256 and 257:
1 14 Proposals for New Currencies A
- Page 258 and 259:
3 The reason the US can write almos
- Page 260 and 261:
5 ‘Essentially the system is a ve
- Page 262 and 263:
7 2 See www.globalideasbank.org/bov
- Page 264 and 265:
2 and the like. However, unhealthy
- Page 266 and 267:
4 collateral, or as warehouse recei
- Page 268 and 269:
6 given to all members who join. To
- Page 270 and 271:
8 equivalent value to the system at
- Page 272 and 273:
10 between local and national bodie
- Page 274 and 275:
12 defectors or doubters are enough
- Page 276 and 277:
14 currencies are bus tickets, reco
- Page 278 and 279:
16 that are issued for a commodity.
- Page 280 and 281:
18 such systems inflation is theref
- Page 282 and 283:
20 their essentials for daily life,
- Page 284 and 285:
22 M by Governor Robert Fitz
- Page 286 and 287:
24 Tax Issues One of the most commo
- Page 288 and 289:
26 Conclusion Obviously, complement
- Page 290 and 291:
1 16 Policy Implications of Healthy
- Page 292 and 293:
3 Governor George Grey, who became
- Page 294 and 295:
5 Crown leasehold land tenure could
- Page 296 and 297:
7 and lobbying on the topic of land
- Page 298 and 299:
9 Other objectors to land value tax
- Page 300 and 301:
11 many centuries, for example, Eng
- Page 302 and 303:
13 region in the late 1990s (see Ch
- Page 304 and 305:
1 17 The Case for Currency Diversit
- Page 306 and 307:
3 costs for businesses that traded
- Page 308 and 309:
5 Zealand adopting the greenback. A
- Page 310 and 311:
7 you, which have no one centre of
- Page 312 and 313:
1 18 Community Banking Are you havi
- Page 314 and 315:
3 branches and hiked up charges. Fu
- Page 316 and 317:
5 charges and a lack of support. As
- Page 318 and 319:
7 Loans for Small and Medium Busine
- Page 320 and 321:
9 community. The profits are redist
- Page 322 and 323:
11 for poor rural women with no col
- Page 324 and 325:
13 sustainable energy use. Half of
- Page 326 and 327:
15 Wellington’s Beehive Theatrett
- Page 328 and 329:
17 Trust paid out NZ$902 million in
- Page 330 and 331:
19 By July 2003 Kiwibank was signin
- Page 332 and 333:
21 Before we discuss the fourth pro
- Page 334 and 335:
23 TSB Bank profits continue to enr
- Page 336 and 337:
25 NZ$121 million on the previous y
- Page 338 and 339:
27 offering chequing services. 51 A
- Page 340 and 341:
29 challenge of filling the vacuum
- Page 342 and 343:
31 deposits in the community’s cu
- Page 344 and 345:
33 24 Source of stats t.c. 25 The I
- Page 346 and 347:
1 19 Healthy Money Systems: The Fut
- Page 348 and 349:
3 because the public would then los
- Page 350 and 351:
5 carrying costs on the medium of e
- Page 352 and 353:
7 when the institutions of family,
- Page 354 and 355:
9 Many contend that our main focus
- Page 356 and 357:
11 currencies in a more balanced wa
- Page 358 and 359:
13 economy, imposing its sanctions
- Page 360 and 361:
15 New Zealand is ideally placed to
- Page 362 and 363:
17 • Create new employment. • N
- Page 364 and 365:
19 to be able to cope with more tha
- Page 366 and 367:
21 be the main form of taxation whe
- Page 368 and 369:
23 maladaptive, as the terms left w
- Page 370 and 371:
25 discussion. 5 As a result, unive
- Page 372 and 373:
27 to be harnessed towards posit
- Page 374 and 375:
29 notes that during previous stage
- Page 376 and 377:
31 New Zealand Can Show the Way Dur
- Page 378 and 379:
33 their mortgages. What Can Indivi
- Page 380 and 381:
35 Compensation Commission to encou
- Page 382 and 383:
37 money we will thus be able to re
- Page 384 and 385:
Endnotes Introduction 1 Richard Dun
- Page 386 and 387:
2 Lester R. Brown et al., State of
- Page 388 and 389:
25 Financial Statements of the Gove
- Page 390 and 391:
48 Quoted in Stan Fitchett, ‘True
- Page 392 and 393:
15 Will Knight, ‘Big Fall in Sper
- Page 394 and 395:
33 Our Health, Our Future: The Heal
- Page 396 and 397:
12 A fuller description on the role
- Page 398 and 399:
Marilyn Waring, Counting for Nothin
- Page 400 and 401:
1 Rt. Hon. Reginald McKenna in a sp
- Page 402 and 403:
24 Malcolm Murchie, member of the S
- Page 404 and 405:
21 See www.silesfemmescomptaient.co
- Page 406 and 407:
38 Appendix 1: Classification of Cu
- Page 408 and 409:
40 • Deli dollars; see page 000.
- Page 410 and 411:
42 credit with the imposition of ta
- Page 412 and 413:
44 incentive certificates reducing
- Page 414 and 415:
46 families Gold, Commodity Became
- Page 416 and 417:
48 Australian words, A$100 encourag
- Page 418 and 419:
141 Essays by Professor Giacinto Au
- Page 420 and 421:
143 www.reinventingmoney.com/moneta
- Page 422 and 423:
145 Combination Currencies www.toro
- Page 424 and 425:
147 Appendix 3: Useful Organisation
- Page 426 and 427:
149 Email: nzcoopassn@xtra.co.nz
- Page 428 and 429:
2 Carson, Rachel, Silent Spring, Bo
- Page 430 and 431:
4 Economy Publishing Co., 1934. Goo
- Page 432 and 433:
Korten, David C., The Postcorpora
- Page 434 and 435:
8 Smith, Adam, An Inquiry into the
- Page 436 and 437:
Lietaer, Bernard, ‘Community Curr
- Page 438 and 439:
Canadian Government Committee on Co
- Page 440 and 441:
Strohalm Institute: www.strohalm.nl
- Page 442 and 443:
2 hoarding. Economic growth The tim
- Page 444:
4 Usury Once defined as the practic