there already is a lot of personalized money circulating in the economy and
it does not require reformation of the "banking/money system."

there are over 1000 LETS community currency systems in the world with new
ones popping up every day...there are many HOURS systems like the one in
Ithaca, n.y.

the commercial barter networks turn over billions in proprietary currencies
every year. (they're not really "barter" networks though)...computers do
the banking/accounting.


>
>I say individuals DO HAVE THE RIGHT TO CREATE THIER OWN MONEY FOR OTHERS
>(BUSINESSES) WHO CHOOSE TO ACCEPT IT. The technical problem lies with
>reforming the banking/money-system so that personalized money can begin to
>circulate in the economy. This is a just view of money creation rather
>than an economic view of money creation. It also cuts across all economic
>theories about money from Adam Smith to Marx to the Neoclassical school.
>
>
>Harry Veeder


ernie yacub

community currencies...abundant, interest free money that always comes home.
                http://www.gmlets.u-net.com/go/