The Terra TRC: A Global Complementary Currency to Stabilize the World Economy

Reproduced from: http://www.lietaer.com/2010/01/terra/ The Terra is a global complementary currency designed to provide an inflation-resistant international standard of value; to stabilize the business cycle on a global level; and to realign stockholder’s interests with long-term sustainability.   From a legal viewpoint, the Terra is standardized “countertrade” (international barter), which is routinely used for over one trillion dollars… Read More

Articles in Monetary Literacy 101 by Bernard Lietaer

Reproduced from: http://www.lietaer.com/category/monetary-literacy/ http://www.lietaer.com/2010/09/what-is-money/ What is money? Most people tend to regard money as “a thing” because that is usually the way it appears to us (as paper, coins, checks, credit cards etc).  And yet, stranded on a desert island, we would quickly discover that while our knife remains useful as a knife, whatever cash or… Read More