Guldasta (A bouquet of flowers)

… because life is about varied experiences

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Posts Tagged ‘money as debt’

Ecological Economy

Posted by imdad on January 6, 2009

I watched this documentary yesterday (Money As Debt):

It was very enlightning. I was surprised to learn a lot many new things about how banks and (eventually) economy actually function.

In this video was mentioned: Local Exchange Trading Systems (LETS). (which i sought out for in wikipedia)

This wiki turned out to be, what can i say, quite interesting and resourceful. It showed me route to so many other articles which were very similar to the ideas i had talked about in my earlier blog, Banking through Social Network Cohesion. Some articles worth mentioning here:

This indeed is an example where wikipedia and internet in general have been of such good help. And i believe that this aspect makes it possible that internet could play a very prominent role in changing the economic patterns for the better.

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