Gold silver platinum extend recordsetting rally (reuters.com)
India slash tariffs cars 40 trade deal with eu sources say (reuters.com)
‘In North Carolina, the Healthy Opportunities Pilot provides assistance to nearly 30,000 low-income residents with deliveries of food, rides to doctors’ appointments and other services. Early research shows the state is spending about $85 less in medical costs per month for each person participating in the pilot.’ The Year in Cheer (reasonstobecheerful.world)
Langenegg's local currency.
Premodern (pre 19th century) economies used a domestic currency and another currency for foreign trade. National governments transitioned to a single central currency, to stabilize the economy and power.
Langenegg residents often drive past big supermarkets when they drive out of town to work, but they don't shop there as much, because 20% of the residents purposefully subscribe (they receive a set monthly amount) to a local currency as a means of not seeking maximum convenience, but maintaining the value of local businesses, as meeting points, keeping contact, togetherness. It costs 97 Euro to buy 100 Talente, and buying 100 Euro costs 110 Talente.
“I think people are now much more aware that they should spend their money locally, because it’s about more than just shopping.”
‘Far from being a neutral system of exchange, a currency is a tool to achieve certain goals, said Jochum-Müller: “We need different tools for different goals, but our monetary system makes us think that we only have this one tool. And there are many goals we can’t achieve with it.”’
Most national money (97% in UK) is created by banks while issuing loans.
Money is an infrastructure, Baringa theorized, it gives you access, and it's value is more when it is circulated more, the value is the transaction.
Local currency removes the hoarding tendency of ‘perceived inherent value and the interest rates.’
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‘The ocean conservation nonprofit Force Blue works with more than 40 veterans to tackle everything from shoreline restoration and coral planting to turtle surveys and shipwreck assessments.’
‘The Port of Miami’s $125 million project to let cruise ships plug into onshore power has reduced annual greenhouse gas emissions equivalent to removing 2,470 cars from the road.’