Written by John Lounsbury
The current monopoly of conventional money is a main source for unsustainable behaviors. New currency designs – among which crypto-currencies, but not only crypto-currencies ! – can contribute to make the necessary shifts more smoothly. Bernard Lietaer explains why the current monetary system is inherently unstable and then goes on to discuss ways to change it.
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This is a wholly different take on the role of private money in a sucessful economic system than we had last week (Documentary Of The Week: The Private Supply Of Money).
The sound quality on this video is very good but the volume is low. Turn up your volume to maximum when watching.
Hat tip to @RogerGLewis who recommended this video.
Source: YouTube