This article was published on our German site in September 2020. Now, in January 2022, we mourn the passing of Edgar Cahn, father of timebanking across the US, distinguished professor of law in Washington D.C. and most-valued and tireless advocate for social justice globally. Since this article calls for the idea of timebanking in times […]

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“The other day you said on the phone: Give me a problem and I’ll develop a complementary currency with which you can solve it. And I have to tell you this: Your imagination, your inexhaustible ideas on how to design, invent and transform money, simply amaze me every time. ”  Margrit Kennedy in a letter […]

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I gave this article that title on submitting it, on May 5, 2020 – 20 days before the police killing of George Floyd in Minneapolis, and the subsequent steps to both revolution and violent crackdown. I can no longer say something that light, but I can say that current circumstances make it all the more […]

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Good news for all who remember our late founder Margrit Kennedy: Her biography, written by Peter Krause, is now available in English – and of course its a valuable read for all who were not familiar with her before, too!     Based on interviews, and many autobiographic texts, the book covers all aspects of […]

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  We talk a lot about the ‘money system’. In what sense does money form a ‘system’? Does it have a function or purpose? Does it have interconnections? Does it have identifiable elements? 1. Elements of a money system The elements of a money system include the structures and institutions that create it – governments, […]

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A constant in the history of money is that every remedy is reliably a source of new abuse. John Kenneth Galbraith, Money: whence it came, where it went For as long as money has existed in its two most popular forms – either as debt-based accounting systems or as notes and coins – it has […]

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