-
QE Goes Local: Towns Coin Their Own Currencies
German Chancellor Angela Merkel maybe be trying her utmost to keep Greece in the euro, but a high school teacher from Bavaria may have found a better solution and is pitching the idea to Greek politicians. Economics teacher, Christian Gelleri, started a local currency in 2003 with his students in the small town of Prien am Chiemsee, around 50 miles south of Munich. The currency has performed so well that on Wednesday he was invited to travel to the Greek region of Macedonia to show local politicians how it could keep them from leaving the euro. “We see complementary local currencies as an answer to balance ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Sep 24, 2012 7:13am Sep 24, 2012 7:13am
- munibashir
- | Joined Aug 2012 | Status: Member | 27 Comments
- Comment #2
- Quote
- Sep 24, 2012 8:45am Sep 24, 2012 8:45am
- tradersean
- | Joined Jan 2011 | Status: Member | 12 Comments
- Comment #3
- Quote
- Sep 24, 2012 8:59am Sep 24, 2012 8:59am
- munibashir
- | Joined Aug 2012 | Status: Member | 27 Comments
- Comment #4
- Quote
- Sep 24, 2012 9:23am Sep 24, 2012 9:23am
- tradersean
- | Joined Jan 2011 | Status: Member | 12 Comments
- Comment #5
- Quote
- Sep 24, 2012 11:30am Sep 24, 2012 11:30am
- foto
- | Membership Revoked | Joined Jan 2007 | 2684 Comments