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We don't need the banks anymore! Greek town develops bartering system without euro

Mark Lowen
BBC
Fri, 13 Apr 2012 12:06 UTC

As Greece wonders whether its debt crisis will eventually spell its exit from the euro, one town in the centre of the country, Volos, has formed an alternative local currency.

It works through a bartering system or exchange of goods.

The BBC's Mark Lowen reports.

Comment: A peaceful way forward for the global revolution!

Reader Comments

uncle-herman · 2012-04-13T12:44:09Z

wouldn’t it be real easy

to get a scam going to become real “Rich” with this ?
write it on a bit of paper and enter on a computer?
simple to forge up.

Aeneas · 2012-04-13T13:53:08Z

I read somewhere else about this, and you are only allowed to accumulate 300 points in credit. After that you have to spend. Likewise there is a limit to how much you can owe on your account, before you have to offer some service in return. So no getting rich there. Looks great to me and it stays in the local network.

Superondralolx7 · 2012-04-13T14:36:10Z

Greece - a spectacular show of social innovations.

In the Greece (+-11,9 mil people) is the public debt one million of Czech Koruna per head - babies, infants included. In Czech republic we´re now at 154 thousands / per head (10.9mil people) and we´re slowly getting mad, because this could be honestly a year wage.
The Greece is so terribly down, that they have no other chance than to rebuild the society completely what means at the best - the Iceland way. Unfortunately they owe to foreigners, mostly European banks, so they can´t go this way and have to search for the others. I have heard ideas of new type of democracy, new type of transparent parliament, partially gathered by short-term random representatives, etc. There are also lots of people organizing food-for-free in the streets, the sharing of older cloths is getting much more common and also organized. They are locked in their current state of their state and meanwhile the poorest start building alternative society.

tonybalony · 2012-04-13T20:44:32Z

Unfortunately....

"....Unfortunately they owe to foreigners, mostly European banks..."

Actually, it's unfortunate that most people still believe that these so called "debts" are real debts, in that they need to be "payed" back to these banks, whether its some countries local bank or international one.

Once, you really understand how the financial system is set up, and how it has been set up and been run for generations...you will come to understand that these banks and the ones behind running them, OWE a huge debt to the common person.

And it's not just from their current lifetime, but the negative influence and environment and mindset that has affected ones parents, and their parents and so on...community, country etc....all inherited to their current condition, and in innumerable ways.

Please do more research, dig a little deeper and come to a better understanding that's there to be found...and along with that some soul searching would help see a bigger picture that encompasses this current mechanism of controlling and thwarting people through finances.

Superondralolx7 · 2012-04-14T02:26:33Z

Though I can´t see deeply into financial structures, I can easily imagine what have they made to over-all society values. This system slowly ruins all the very core of human being, by removing uncountable values from our lives. Whether you think it this philosophical way or not, the damage they made is uncountable either and removal of all debts made by these would be only the very start of reparation of these things. At my point of view - seeing sense of life of humans in uniting and helping each other, are any these kinds of selfishness pure poorness bordering with directly malicious will. A being living from loan interests is the poorest being ever, it´s the lowest achievable setup of your life, and these people have no right, to ruin lives of the others in no way. So... no real work, what the banking really is, shall sooner or later mean no honey, cakes or whatever value. They live from stockpiled resources, and that is nothing to be saved in the future.

Rgx · 2012-04-13T21:31:03Z

BUY OUT DAY!

I always thought that I a personal buy out day would be a great way to get out of the system. Each person takes the pittance they have left and hands it back to the bank or throws it in the street or whatever all on one day. It would accomplish two things at once- the money that we've become a slave to would be worthless and we would all be free from the slave drivers since they have no carrots to dangle in front of our noses. Of course its just a dream of mine since it would have to be very coordinated and therefore quite unlikely since the PTB have a lovely scheme of divide and conquer going on. But some days you just gotta dream to keep your sanity...

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We don't need the banks anymore! Greek town develops bartering system without euro

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