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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Nigel Dodd, 2014, Princeton University Pres. Questions about the nature of money have gained a new urgency in the aftermath of the global financial crisis. Even as many people have less of it, there are more forms and systems of money, from local currencies and social lending to mobile money and Bitcoin. Yet our understanding […]

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A 10min video by the NGO for regional development www.Regionalentwicklung.de What are regional currencies? Regional/local currencies are a relatively new phenomenon in economy. Since in 2003 the “Chiemgauer”, a local currency at the lake Chiemsee (Germany) started off, the project has inspired many similar projects, and enriched the ideas about how money can function a […]

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