MONEY DIVERSITY: MONOCULTURE OF MONEY CREATES ECONOMIC INSTABILITY

Bernard Lietaer, PopTech, USA
2011, 23 min 32 sec

Bernard Lietaer argues that the monoculture of money is what creates economic instability, leading to liquidity crises. He calls for a greater diversity of alternative currencies, citing innovative and enormously successful initiatives like the Lithuanian Doraland Economy, the Torekes in Belgium and Switzerland’s famous alternative currency, the WIR.