Comments on: About the PLENTY http://theplenty.org Piedmont Local EcoNomy Tender Fri, 12 Mar 2010 03:00:17 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: PEMCowboy http://theplenty.org/about/comment-page-1#comment-2255 PEMCowboy Wed, 16 Sep 2009 14:46:59 +0000 http://ncplenty.org/wordpress/?page_id=2#comment-2255 Local currencies will become a necessity as the private mis-managed and deceptive dollar continues its' fall and as the private Federal Reserve continues to drive the families in this country into further debt with money created in thin air but collateralized on the backs of hard working Americans. I believe that backing any local currency with Federal Reserve Notes (dollars) will be very problematic. Is there not an opportunity to back this "True" currency with local assets funded by the currency. There is an amazing book entitled "Binary Economics" that discusses asset banked currency. However, in my opinion the book claims that the Federal Reserve should change the basis of the nation's currency to be asset backed. I do not believe that, if the Federal Reserve truly served the interests of the people of this country it would not masquerade itself as a government agency. The deception of this institution is very real and proves to be the most important reason for the decline in the standard of living in the US.... and other countries. For ours is not the only country being scammed. Everyone should get a copy and read this book - independence from the Federal Reserve is just the first step to the communities of this country taking back our rights, liberties and freedoms. I welcome comments & suggestions Local currencies will become a necessity as the private mis-managed and deceptive dollar continues its’ fall and as the private Federal Reserve continues to drive the families in this country into further debt with money created in thin air but collateralized on the backs of hard working Americans. I believe that backing any local currency with Federal Reserve Notes (dollars) will be very problematic. Is there not an opportunity to back this “True” currency with local assets funded by the currency. There is an amazing book entitled “Binary Economics” that discusses asset banked currency. However, in my opinion the book claims that the Federal Reserve should change the basis of the nation’s currency to be asset backed. I do not believe that, if the Federal Reserve truly served the interests of the people of this country it would not masquerade itself as a government agency. The deception of this institution is very real and proves to be the most important reason for the decline in the standard of living in the US…. and other countries. For ours is not the only country being scammed.

Everyone should get a copy and read this book – independence from the Federal Reserve is just the first step to the communities of this country taking back our rights, liberties and freedoms.

I welcome comments & suggestions

]]> By: PLENTY http://theplenty.org/about/comment-page-1#comment-295 PLENTY Fri, 05 Jun 2009 13:10:12 +0000 http://ncplenty.org/wordpress/?page_id=2#comment-295 It's true Heather, ultimately we would like to see the PLENTY backed by something of value created and stored here in our community. The Mendo Food Futures in CA are doing that. Backing the currency with USD is our starting point and we're eager to see how it will involve into a completely local currency! It’s true Heather, ultimately we would like to see the PLENTY backed by something of value created and stored here in our community. The Mendo Food Futures in CA are doing that. Backing the currency with USD is our starting point and we’re eager to see how it will involve into a completely local currency!

]]> By: Heather http://theplenty.org/about/comment-page-1#comment-291 Heather Thu, 04 Jun 2009 19:41:17 +0000 http://ncplenty.org/wordpress/?page_id=2#comment-291 trust is always the main component of the currency, but it would also be nice if it were backed by something else like food security or a good store of value related to the bioregion somehow. $USD may crash so they are not such a good backing. trust is always the main component of the currency, but it would also be nice if it were backed by something else like food security or a good store of value related to the bioregion somehow. $USD may crash so they are not such a good backing.

]]> By: PLENTY Dollars: Developing Currency in a Sustainable Community « The Erie Wire http://theplenty.org/about/comment-page-1#comment-141 PLENTY Dollars: Developing Currency in a Sustainable Community « The Erie Wire Mon, 11 May 2009 08:23:20 +0000 http://ncplenty.org/wordpress/?page_id=2#comment-141 [...] About the PLENTY The PLENTY FiftyThe PLENTY is a local currency. People have been using it to buy goods and services in our neck of the woods since 2002. It’s completely legal; it’s taxed the same as dollars; it’s   The PLENTY Fiftysecure; and it is good for our local economy.One of its advantages is that it can only be spent here at home. As far as we can tell, they do not yet accept the Plenty in Malaysia. Which means it circulates amongst ourselves. [...] [...] About the PLENTY The PLENTY FiftyThe PLENTY is a local currency. People have been using it to buy goods and services in our neck of the woods since 2002. It’s completely legal; it’s taxed the same as dollars; it’s   The PLENTY Fiftysecure; and it is good for our local economy.One of its advantages is that it can only be spent here at home. As far as we can tell, they do not yet accept the Plenty in Malaysia. Which means it circulates amongst ourselves. [...]

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