Social Credit with Demurrage

Real Currencies

(Left: Sylvio Gesell, the man who devised demurrage and popularized Georgist thinking in Europe)

The easiest and most transparent way of migrating to a usury-free economy is by simply replacing the usurious credit based money supplies of today with interest-free credit. In this way we would be able to do exactly what we always did, but better. However, demurrage is an equally viable way. It may be a little esoteric for most Americans, but demurrage money mimics the ways of the ancients who built the wonders of the world in Antiquity and the Cathedrals in the Middle Ages.

Ross Noble is well known here at Real Currencies as REN for sharing his wisdom generously. He has been creating an approach based on debt-free money, spent into circulation by the people, basically Social Credit. The problem with Social Credit is that it does not end Usury and Noble suggests a demurrageā€¦

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2 thoughts on “Social Credit with Demurrage

  1. How do people get involved in this? Do you have regular meetings to help bring in people to this barter system? Where do we get this paper VolsHour paper money?

    • Hi Diana, Thank you for your inquiry. My apologies for the delayed response. We currently do not have regular meetings. However, the co-operative does keep in touch with each other to provide any updates. All you have to do to get the paper money is email us at volshours@yahoo.com with your business info. or you can volunteer with one of the companies listed in the directory & ask to get paid with volunteer hours.

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