What’s wrong in the design of local money initiatives

Interesting presentation by Richard Douthwaite of FEASTA, with recommendations on how to avoid the mistakes made by most local money schemes, in the context of a post Peak-Oil transition.

Amongst the important topics discussed is: 1) the design of trading currencies for local communities; 2) the need for energy bonds that are paid back in energy

Also check out this visualization of p2p monetary and economic trends:

(Research and concept by Gabriel Shalom, Venessa Miemis and Jay Cousins. Design by Patrizia Kommerell)

New lenses of wealth: The Future of Money

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