knowledge exchange network, 184
learning currency, 153–155, 201
in Mae Hong Son, 205
mentoring, 153–154, 171–172
paradigms in, 220–221
in Paraná, 143–144
Patch Adams Free Clinic and, 165
in principled society, 193
Prussian model of, 216
standards, 43
Time dollars and, 82–83
university, 153–154, 193, 226–227n13
wispos and, 156–157. See also Student loan
Efficiency, 31–33, 62–63, 65–66, 199 80-20 rule, 68
Elder care, 216
fureai kippu and, 166–168
TimeBank and, 80–81, 84–85
Eleventh round, 37–39, 41
Emergency currency, 170–171, 181
Emergency loan, 104–105, 106, 107
Emergency relief, 167, 169, 169–172
Emergent property, 31–32
Empiricism, 29–30
Employment. See Unemployment
Energy, 208, 219
Entrepreneurship, 124–125
in Hub, 130–131
in Nyanza, 208–209
Environment, 14
ecological disaster, 34, 188
muti and, 207
as public good, 49
United Nations Environmental Program, 144. See also Sustainability; Terra Trade Reference Currency
Equity: collaboration requiring, 195
equity-based compensation, 217
equity capital, 45
sweat equity, 165
Era. See Age
Ethics, 48–49, 221–222
Euro crisis, 50
E-wallet, 115–116, 207–208
Excess capacity. See Unused resource
Expansion, 51–52
Exploitation, 196–197
Exponential growth, 42–43, 52–53
External trading value, 80
Facebook, 200
Fairness. See Equity
Family, 18–19, 44
in !Kung culture, 47
time currency and, 80–81, 84–85
Favela, 141
Fear, 4
Federalism, 69
Federal Reserve Act of 1913, 25–26
FEMA, 170–171
Fiat money, 26–28
creditos as, 184–185
inflation and, 91
as social construct, 58
Finite world, 42, 44, 192–193
Fisher equation, 63–64
Flow network, 32–33, 61–63
Fomentos, 105
Food chain, 61
Food stamp, 12
Forgery, 184–185
Fractional reserve banking, 25–26, 39–40, 228n1, 228n4
Fractional reserve multiplier, 40, 228n1
Fraud, 146–147, 194
counterfeiting, 184–185
emergency currencies and, 170–171
fraudulent currency initiatives, 192
Free clinic, 162–165
Free Lakota Bank, 113–114
Free market, 28, 31–32, 35, 217
Free money, 176–178
Freigelt, 176–178
Frequent flyer miles: computers enabling, 60–61
as cooperative currency, 59, 74
inflation and, 92
in multicurrency world, 55
Friendly Favors (FF), 132–133, 183–184
Fuel, 126–128
Functional currency, 199, 201
Fureai kippu, 166–169
Futility, 20
Game, 156–157
Garbage. See Trash
Garden, 151, 161
Geuro, 149
GI Bill, 153
Gift, 47–49, 82
Glass-Steagall Act, 69–70
Globalization, 86, 221
Global Trading Network, 182–183
Golden ghetto, 19
Gold standard, 24–26
Free Lakota Bank and, 113
homogeneity and, 65–66
as reference currency, 140
Terra and, 135
in Utah, 201
in Weimar Republic, 236n10
Goodwill: in Friendly Favors, 132–133
TimeBank and, 82
Google, 200
Google Wallet, 115–116
Government Accountability Office (GAO), 170–171
Government debt, 42–43, 70, 145–147, 227n21
Gramm-Leach-Bliley Act, 70
Great Depression, 24, 175, 180–181
GDP and, 35
GNP and, 33–34
WIR and, 99, 102
Greece, 149
Greed, 4
Green products, 152, 186
Greenwashing, 198
Gross domestic product (GDP), 34–35, 131, 146
Gross National Happiness, 131
Gross national product (GNP), 33–35
Growth pressure, 2, 42–43, 52–53
Happy Futures Global Challenge, 131
Hate group, 182
Health care, 14, 16
free clinic, 162–165
in Mae Hong Son, 205
Helplessness, 17
High-powered money, 40
Hitler, Adolf, 180, 236n10
Holacracy, 191
Homogeneity, 65–66, 86
Honey, 130–131
HOURS, 162–165, 163
Housing: buying, 110–111, 142–143
improvised, 141
Hubbee, 130–131
Hub Network, 130–131
Human construct, 2, 13, 217
Human right, 49
Human Right, A, 165–166
Hyperinflation, 70, 176, 178–179
ICCO, 105
Identity, 19
Immediacy. See Short-termism
Immigration, 156
Income, 51, 108
Industrial Age, 2, 15, 203
Information Age and, 120
Third Industrial Revolution, 218
values, 28
Inflation, 91–93
of creditos, 184–185
hyperinflation, 70, 176, 178–179
Information Age, 50, 120, 201
Infrastructure, 15, 20–21, 103, 194
Inheritance, 18
Innernet, 223
InspirePay, 116
Instability, 134
Insurance, 114, 121–122, 216
Interconnectivity, 32, 62
Interest, 37–42
bankruptcy and, 39, 41
competition and, 37–40
compound, 42–43
JAK and, 110
regio and, 191
scarcity and, 37–40
short-termism and, 45–46, 52–53, 85–86
wealth transfer via, 49–50
WIR and, 99–100
Intergenerational thinking, 44
Intern, 16–17, 120
International Architecture Exhibition, 85
International Monetary Fund (IMF), 144, 182, 184
International reserve currency, 57–58
Internet: community, 57–58
technologies, 115–116. See also Mobile phone
Internet access: enabling currencies, 60–61, 117
Human Right, A, and, 165–166, 166
in multicurrency world, 55
Internship, 16–17
Intolerance, 182
Intrinsic risk, 45
Intrinsic value, 64
Investing class, 193–194
Ireland, 96–98
Irrigation, 187
Isolation, 19
Ithaca Health Alliance (IHA), 163, 164
Ithaca Health Fund (IHF), 164
Ithaca HOURS, 162–165, 163
Job: creation, 119, 145–146, 216
satisfaction, 18
work and, 219–220
John Galt, 113
Jord Arbete Kapital (JAK), 109–113, 111
Junk mail, 152
Jury duty, 83
Juvenile justice, 80,
83
Keynesian stimulus, 23–24, 145–146
Keynesian School of Economics, 35
Knowledge exchange network, 184
Krama, 190
KTA, 157
Kukuyu, 209
!Kung, 46–48, 196
Kyoto Protocol, 116
Labor certificate, 176–177
Landfill. See Trash
Layoff, 12
Leadership, 221–122
Learning currency, 153–155, 201
Learning retention, 154–155
Legal aid, 85
Legal tender, 57–58, 150
Lehman Brothers, 70
Leverage, 101–102, 152–153
Liberation Theology, 104–105
Library, 21
Liquidity, 145–146, 194
Literacy, 155, 216
Litigation, 18
Loan: with Banco Palmas, 106–107
consumption, 104–105, 106, 107
income and, 108
in Ithaca HOURS, 163–164
with JAK bank, 109–110, 112
microloan, 104–105, 107
production, 104–105, 107
Revolving Loan Fund, 129–130. See also Debt; Student loan
Lobbying, 114
Local Capital Project, 128–130
Local currency, 5, 58–59
BerkShare, 75, 89–91, 90
BONUS, 170
Chiemgauer, 74–75, 87–89, 88
in Ireland, 96–98
Ithaca HOURS as, 163–164
in monetary ecosystem, 199, 200–201
velocity of, 68–69. See also Regional currency
Local Exchange Trading System (LETS), 75–78, 235n12
inflation and, 91–92
infrastructure and, 195
spender-signed currency and, 196–197
STRO and, 121
Local Flavors Re-Circulating Gift Certificate Program, 128–130
Localized production, 218–219
London Club of Creditors, 43
Loyalty currency. See Frequent flyer miles
Madison Gas and Electric Company (MGE), 84
Mad Men, 16–17
Mae Hong Son, 204–206
Malus, 124
Mandatory growth, 2, 42–43, 52–53
Marginal cost, 152, 154
Marginalization, 32, 42–43, 156, 173
Marginal-productivity theory, 50
Materialism, 48–49
Medicaid, 12
Medicare, 12
MediCash, 165
Medium of exchange, 57, 58
assumption of mere, 9
choice of, 199
conflicting with store of value, 66
Fisher equation and, 64
in flow system, 62–63
money defined as, 28, 93
monopoly as, 201
professionals describing, 1–2
Mentoring, 153–154, 171–172
Merchant class, 2
Microloan, 104–105, 107
Micropayment, 116
Middle class, 2, 50, 75, 216
Mile High Business Alliance (MHBA), 128–130
Millenial, 156
Mine: Blaengarw, 160
Schwanenkirchen, 179–180
Mobile phone, 185–186
Banco Palmas and, 109
Bristol Pounds and, 114–115
C3 and, 126–128
enabling currencies, 60–61
financial inclusion via, 117
in Nyanza, 207
Modern Age, 173
Modernism, 15
Mondragon, 104–105
Monetary ecosystem, 59–60, 145, 199–202, 220
Money: history of, 24–26
as human construct, 2, 13, 217
sacred wounds of, 18–19. See also specific topics
Monoculture, 3, 70. See also Diversity
Monopoly: Bell Telephone, 96
of currency creation, 24, 27–28
as medium of exchange, 201
of money type, 63
privatization and, 20–21
state-owned, 128
Morals, 48–49, 134
Mortgage, 39–40
Move Your Money, 95
Multicurrency world, 55, 115, 220
Multinational currency, 199, 200
Musical chairs, 41
Muti, 207
Mutual credit system: currency creation in, 91–92
in Ireland, 96–98
LETS as, 75, 77
reputation in, 195
spender-signed currency as, 196–197
TimeBank as, 75
WIR as, 99–102
Mythos, 222–223
National debt, 42–43, 70, 145–147, 227n21
National Homecomers Academy, 83–84
National Program of Oriented Productive Microcredit (PMNPO), 107
National Socialist Party. See Nazi Party
Nayahan Banjar. See Banjar
Nazi Party, 180
Network structure, 32–33
Newtonian physics, 29–31
Nigeria, 42–43
Nobel Prize in Economics, 35–36
Nongovernmental organization (NGO), 56, 59, 73–74, 93
in Blaengarw, 159–161
competition among, 162
in Japan, 167
in principled society, 193
Nonmarket economy, 34
Nonprofit. See Nongovernmental organization
NU-card, 186
Nyanza, 207–209
Obsolescence, 15
Occupy Movement, 223
Oil, 137–138
Oil spill, 211
Ooin, 186
OPEC nations, 113–114
Open source software, 123
Operational cost, 139, 140
Overcrowding, 164
Overdraft, 39
Panda, 32–33
Papelitos, 183–184
Paper money, 25–26, 114, 152–153, 184–185
Paradigm: competition, 215–216
in education, 220–221
Pareto distribution, 68
Paris Club, 43
Patch Adams Free Clinic, 164–165
Patriarchy, 15
Pay-it-forward system, 83, 85
PayPal, 115–116
Pemaksan, 187
Performance bonus, 50
Pis bolong, 189
Pollution, 141
Poverty trap, 108
Prestige, 64
Principled society, 193–194
Privacy, 48
Private international scrip, 74, 199, 200
Private public partnership (PPP), 20–21
Privatization, 1, 20–21
Production loan, 104–105, 107
Prohibition, 157
Prostitution, 20, 184, 227n19
Prosumidores, 183–184
Psychiatry, 17, 34
Public good, 49
Publicity, 111–112
Public transport, 141–143, 152
Punishment, 197
Puntos, 125
Puntotransacciones, 125
Qoin, 93, 123, 150
Quality of life, 143
QuipShare, 77–78
Racial violence, 83
Randomness, 31–32
Rationalism, 217
Age of Enlightenment, 15, 29–30
markets as, 4
Real estate, 110–111
Realism, 30
Recession, 2, 50, 78–79
Recidivism, 83–84
Reciprocity, 47–49, 82, 171–172
Recirculation, 129–130
Reconstruction Finance Corporation, 181
Reconstruction multiplier, 170
Recycling, 142, 234n1
Red Cross, 83
Red Global de Trueque, 182–183
Redistribution, 217
Reference currency, 140, 199, 200
Reforestation, 67, 206, 207
Regio, 85–8
9
Regional currency, 5, 75, 85–87
criteria for, 191
in monetary ecosystem, 199, 201
Reichsbank, 179–180
Reichsmark, 176, 236n5
Relief money. See Wörgl
Relief tax, 176–177
Religion, 3
Reputation system, 194–195, 201
Friendly Favors as, 132–133
Hub as, 130–131
spender-signed currency and, 196–198
Resilience, 32–33, 62–63, 199, 219
liquidity and, 145–146
of Terra, 135
Respect, 212–213
Retention bonus, 50
Retirement, 15–16, 216
Revolving Loan Fund, 128–130
Rice, 187–188, 190
Right-brained thinkers, 156, 220–221
Risk, 45
of Chicago Plan, 3, 71
JAK bank and, 112
Robots, 218
Robustness. See Resilience
Rotating Loan Club, 172
Runaway speculation, 33
Saber, 153–155, 207–208
Sabotage, 192, 194
Sacred wounds of money, 18–19
Safety net, 134, 135
Savings. See Store of value
Savings and loan system, 112
Savings points, 110
Sawayaka Fukushi, 166–167
Scarcity, 215–216, 220, 222
fear of, 4
interest and, 37–40
money system creating, 2, 9, 27–28
solutions for, 1
value and, 80
Scholarship. See Education
School. See Education
School of economics, 28, 35
Schwanenkirchen mine, 179–180
Science, 3, 29–30
Second economy, 120–121
Second Life, 57–58
Security, 194, 216. See also Fraud
Sewerage, 21
Shari’a, 112–113
Shortage, 39
Short-termism, 44–46, 217
mandatory growth and, 2, 52–53
sustainable money and, 85–86, 192
Terra and, 138–139
Slum, 141
Small and medium-sized enterprise (SME), 120–124
Smith, Adam, 29
Social capital, 2, 46–49
Social construct, 57–58
Social decay, 34–35, 159
Social media, 82
Social Security, 12
Social Trade Organization (STRO), 121, 127, 170, 194
Social values, 194, 210–211
Solidus, 24, 65, 227n2, 230n9
Sovereign debt, 42–43, 70, 145–147, 227n21
Speculation, 33
Spender-signed currency, 196–198
Spice, 160
Square, 115–116
Stamp scrip, 180–181
Sterile reserve, 40
Sternthaler, 88–89
Stimulus, 23–24, 145–146
Store of value, 58
conflicting with medium of exchange, 66
Fisher equation and, 64
money defined as, 28
professionals describing, 1–2
Street children, 143
Strike, 96–98
Stripe, 115–116
Student loan: debt, 17–18, 226–227n13
GI Bill and, 153