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Truly Revolutionary: Greek city starts “rebel” barter economy and alternative currency

Submitted by joeneesima on Fri, 10/07/2011 - 11:06
in

In Greece today, the real rebels aren’t the thousands of protesters angry at the government’s austerity measures, but these few honest, rugged souls who are flourishing on the merits of their own hard work, innovation, and cooperation with others in their local community. These emerging barter and alternative currency networks are happening at the intersection of the most stalwart conservative values and the most ardent hippie ideals:

“Part alternative currency, part barter system, part open-air market, the Volos network has grown exponentially in the past year, from 50 to 400 members. It is one of several such groups cropping up around the country, as Greeks squeezed by large wage cuts, tax increases and growing fears about whether they will continue to use the euro have looked for creative ways to cope with a radically changing economic landscape.”

http://silverunderground.com/2011/10/truly-revolutionary-gre...

LOVE IT!!!


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This is a real Wall Street Protest

Submitted by visible51 on Fri, 10/07/2011 - 23:11.

Proving that it doesn't take waving signs or demanding a more equitable form of slavery from our masters to have a real protest.

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"Take hold of the future or the future will take hold of you." -- Patrick Dixon

Love it!!

Submitted by Debbie on Fri, 10/07/2011 - 23:09.

Thanks!

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Debbie

Now I'm Almost Sorry I Sold My Zorkmid

Submitted by IMissLiberty on Fri, 10/07/2011 - 19:46.

I sold my Zorkmid on eBay for a tidy sum a couple of years ago. It sure did hold up well against the dollar.

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You can reach voters in California, here: http://consequeries.com/California-voter-guide.php

This Warms my Soul!

Submitted by pokemonfan. on Fri, 10/07/2011 - 18:54.

Out of a Pit of Keynsian Economics, A few Austrian soldiers rise from the rubble.

Truly, things like this give you the strength to fight!

The first and most enduring economic system.

Submitted by DeMolay on Fri, 10/07/2011 - 14:45.

Barter.

Thank you so much for posting this important information. I hope people appreciate the significance of this article.

Ran across this at mises.org

Submitted by Paul_S. on Fri, 10/07/2011 - 14:41.

History of Token coins.

http://media.mises.org/video/ASC2009/ASC09_Selgin.mp4

http://mises.org/journals/qjae/pdf/qjae12_1_1.pdf

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Free includes debt-free!

Are there laws

Submitted by joeneesima on Fri, 10/07/2011 - 14:31.

in this country preventing this?

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“The law cannot make a wicked person virtuous…God’s grace alone can accomplish such a thing.” Ron Paul - The Revolution

No! It is perfectly LEGAL! Von Nauthaus was accused

Submitted by Temporalist on Sat, 10/08/2011 - 11:28.

of counterfeiting because they claimed his "coins" resemble too closely U.S. minted currency (which is BS but a different topic).

There are other circulating local currencies like the Ithaca Hour.

This a from the Brooklyn Torch (another local currency) website:

"Is a Local Currency Legal?
Yes. Law professor Lewis Solomon states in his book, Rethinking Our Centralized Monetary System, that there is no legal prohibition to creating a local currency system in the United States. The IRS, FBI, US Secret Service, Federal Reserve and Treasury Department have all declared the printing and use of local currencies to be legal."

http://brooklyntorch.org/

Also Disney World prints and circulates it's own local Disney money and "Frequent Flyer Miles" are also like a currency for airlines.

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History does not long entrust the care of freedom to the weak or the timid.
Dwight D. Eisenhower

Better

Submitted by Gene Greigh on Fri, 10/07/2011 - 14:54.

There is power preventing this.

Why do you suppose Bernard vonNotHaus was convicted of "counterfeiting?" Only an idiot (or a fe'ral prosecutor) would mistake his silver rounds for "Legal Tender."

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West of 89
a novel of another america
https://www.smashwords.com/books/view/161155#longdescr

Exactly

Submitted by joeneesima on Fri, 10/07/2011 - 20:20.

who I was thinking of when I asked the question.

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“The law cannot make a wicked person virtuous…God’s grace alone can accomplish such a thing.” Ron Paul - The Revolution

Are you saying it is illegal to trade silver coins

Submitted by eilif on Fri, 10/07/2011 - 14:57.

for merchandise?

NO, not "illegal"

Submitted by Gene Greigh on Fri, 10/07/2011 - 15:06.

Just dangerous.

"Laws? We don' need no steenkeeng laws!"

The occupation government of the united States hasn't obeyed the law since 1861.

—

West of 89
a novel of another america
https://www.smashwords.com/books/view/161155#longdescr

reedr3v's picture

Well said, Prof.

Submitted by reedr3v on Fri, 10/07/2011 - 23:05.

Perhaps when the U.S. Government has been reduced to the status of the Greek government, we may not see such militant hostility to a real people's economy.

When the 99% wake up and make their own economy instead of occupying the streets of the elite's economic bastions, we will truly solve our economic problems.