For most of us, ‘currency’ automatically means ‘legal tender’ currency, for example the Dollar or Pound, which we use every day. Running in parallel with this ‘normal’ money there are also many forms of so-called complementary currencies, which complement the national currency without trying to replace it: Regional currencies, Customer Loyalty Programs, Business to Business […]

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Further economic reforms are being discussed around the world, new concepts are being conceived and new approaches tried. We can distinguish two main approaches here: Top-down reforms, initiated by government bodies Bottom- up reforms through altered economic behaviour between people. On this website you will find further explanations of the following themes: Common Good Economy […]

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Most people think that money is created by the state or the central bank. But central banks only issue the cash we use, which is about 10% of the total money supply. Only a fraction of money has its origin in the state, namely notes and coins. By contrast, around 90% of the money supply […]

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All the great religions include a ban on usury, the charging of unjust interest, and Islamic Banking still practices this principle today. Very worldly businesses that also practice interest-free banking include the Swedish JAK-Genossenschaftsbank, in which customers save and lend money without interest, regional currencies, or the idea of a currency with a “circulation incentive”, […]

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