Beyond Money Podcast: Recent Episodes
Ken Freeman
Beyond Money Podcast is your source for cutting edge ideas about how to pay and be paid without using money or banks. Tom Greco talks about the dysfunctions of conventional structures of money and banking. We present alternate ideas about, and solutions to, the money problem. Listen to these interviews, and escape from conventional thinking about money.
www.beyondmoney.net
The End of Money and the Future of Civilization (2024 edition)
by Thomas H. Greco, Jr.
Chapter Fourteen: How Exchange Systems Succeed or Fail
Architecture of the Currency
Principle 1: Who Is Qualified to Issue Currency?
Principle 2: On What Basis Should Currency Be Issued?
Principle 3: How Much Currency May Be Issued?
Principle 4: How to Determine the Period of validity?
Implementation Strategies
The Situational Context
www.beyondmoney.net
The End of Money and the Future of Civilization (2024 edition)
by Thomas H. Greco, Jr.
Chapter Thirteen: Beyond Political Money: Good Intentions Are Not Sufficient
Two Currents of Alternative Exchange
The Tucson Experience
More Recent Experiments in Mutual Credit Clearing
Local Currencies
A Better Currency Model
Why Exchange Alternatives Have Failed to Thrive
Case Studies
Prospects for Future Success
www.beyondmoney.net
The End of Money and the Future of Civilization (2024 edition)
by Thomas H. Greco, Jr.
Chapter Twelve: Credit Clearing, the “UnMoney”
Reform or Transcendence?
Emerging Exchange Alternatives
Separating the Functions of Money
Back to Commodity Money?
The Unit of Account Versus the Unit of Currency
The Measurement of Value
Confusion Caused by Legal Tender Laws
www.beyondmoney.net
The End of Money and the Future of Civilization (2024 edition)
by Thomas H. Greco, Jr.
Chapter Eleven: Credit Clearing, the “UnMoney”
Direct Clearing Among Buyers and Sellers
Buying and Selling on Credit
Clearing through Banks Versus Mutual Credit Clearing
Direct Credit Clearing Makes Conventional Money and Banking Obsolete
Mutual Credit Clearing Systems as Clearing Houses for Buyers and Sellers
Direct Credit Clearing—An Illustrative Example
Balance Limits and Settlement
Providing Surety of Contract
An Insurance Fraud
www.beyondmoney.net
The End of Money and the Future of Civilization (2024 edition)
by Thomas H. Greco, Jr.
Chapter Ten: The Third Evolutionary Stage—The Emergence of Credit Clearing
Banks Implement the Credit Clearing Process
Thing or Relationship? Particle or Wave?
A Confusion of Language
An Example of Credit Clearing Among Banks
Settlement of Accounts
www.beyondmoney.net
The End of Money and the Future of Civilization (2024 edition)
by Thomas H. Greco, Jr.
Chapter Nine: The Evolution of Money - From Commodity Money to Credit Money and Beyond
What We Don’t Know Is Hurting Us
Economic Exchange and Interpersonal Distance
Kinds of Economic Interaction
What is Money?
“The Ladder of Economic Civilization”
The First Evolutionary Step—Barter to Commodity Money
Commodity Money
Symbolic Money
The Second Evolutionary Step—From Commodity Money to Credit Money
Redeemability Abandoned
Checks and Checkable Deposits Displace the Use of Banknotes
Gold Versus Credit Money—A Comparison
How Credit Money Malfunctions
This half-hour interview comes from the Pelle Neroth Taylor Show on TNT Radio which aired on Thursday, May 30, 2024.
This is a wide-ranging conversation about the problems with the present political system of money and exchange, and the decentralized exchange mechanisms that have been developing in parallel with it, including both commercial and grassroots currencies and credit clearing exchanges.
The full episode can be viewed at TNT Radio at https://tntvideo.podbean.com/e/thomas-h-greco-and-kate-allen-on-the-pelle-neroth-taylor-show-31-may-2024/
A transcript can be seen at https://beyondmoney.net/wp-content/uploads/2024/06/pelle-neroth-taylor-show-on-tnt-radio-2024-5-31-1.docx
www.beyondmoney.net
The End of Money and the Future of Civilization (2024 edition)
by Thomas H. Greco, Jr.
Chapter Eight: The Separation of Money and State
The Separation of Church and State
The Separation of Money and State—A Comparison
The Disestablishment of the “Monetary Religion”
Two Meanings of “Dollar”
Delinking from the Dollar as a Payment Medium
Delinking from the Dollar as a Measure of Value
Stable Value Reckoning
Toward Freedom of Exchange
www.beyondmoney.net
The End of Money and the Future of Civilization (2024 edition)
by Thomas H. Greco, Jr.
Chapter Seven: The Nature, Cause, and Consequences of Inflation
What is Inflation?
Who Has the Power to Inflate?
Improper Basis of Issue by Banks Is Inflationary
Government Deficits and Inflation
The German Hyperinflation—A Classic Case
How the Inflation Was Ended
Constraints upon Debasement of the Money
The Consequences of Dollar Inflation
Responding to Inflation
Ralph Borsodi’s Prescriptions
www.beyondmoney.net
The End of Money and the Future of Civilization (2024 edition)
by Thomas H. Greco, Jr.
Chapter Six: Usury, the Engine of Destruction
Monetary Stringency, Past and Present
Increasing Instability
The Magic of Compound Interest
Why the Federal Budget Cannot Be Balanced
Usury or Interest?
How Debt-Money Is Dysfunctional
Three Aspects of Money Dysfunction
Moral Arguments, Laws, and Practical Solutions
Keys to Transcendence
www.beyondmoney.net
The End of Money and the Future of Civilization (2024 edition)
by Thomas H. Greco, Jr.
Chapter Five: The New World Order
Endless Spending in Support of Wars
The Power Behind the Central Banks
A Merging of Interests
Wars, Internal and External
Money Power, the Key Element in the New World Order
Erosion of National Sovereignty
Narrated by Ken Richings
This hour-long interview was conducted by Bruce de Torres on his show Worldstage which aired on Feb. 24, 2024 on TNT Radio at https://www.podbean.com/ep/pb-3dwsz-159088a. Bruce de Torres is the Marketing Director at Trine Day books (TrineDay.com), and his radio show, Worldstage, is available at tntradio.live/shows/worldstage-with-bruce-de-torres . Bruce de Torres is the author of God, School, 9/11 and JFK. You can find out more about him at: brucedetorres.com brucedetorres.substack.com "Covering the history of centralized banking, the danger of today’s concentration of wealth in the hands of a few who are working to completely control humanity; and the need to reinvent money, devolve power to local communities, and create honest “home-grown” means of payment (liquidity). Greco's highly acclaimed book, The End of Money and the Future of Civilization, is being revised, updated, and expanded to reveal how the dysfunctional money system operates, and how to reinvent money to enable the honest exchange of value. New chapters are being posted serially on Futurebrightly.substack.com, on his website, as well as on his Substack and Medium channels. Almost all his writings and accumulated resources for researchers and monetary innovators can be downloaded free at BeyondMoney.net."
www.beyondmoney.net
The End of Money and the Future of Civilization (2024 edition)
by Thomas H. Greco, Jr.
Chapter Four: Central Banking and the Rise of the Money Power
Central Banking, an Unholy Alliance
Central Banking in the United States
The First Bank of the United States
How the Globalist Bankers Came to Rule the World
Andrew Jackson and the “Bank War”
The Free Banking Era
Central Banking Spreads around the World
The End of Money and the Future of Civilization (Chelsea Green 2009) remains as relevant and timely today as it was when first published. Unfortunately, bound copies have been out of print for the past several years, but the Kindle edition can still be downloaded from Amazon and there is an active market for used copies. Having recently had the rights reverted to me by my publisher, I have been considering republishing a revised and expanded edition of the book in serial form on my website. I will add some material that relates to recent developments like Bitcoin, blockchain, cryptocurrencies and smart contracts that will elaborate and expand upon what I’ve said in my previously published articles, Bitcoin, Blockchain, and the end of money as we’ve known it (2022) (https://beyondmoney.net/bitcoin-blockchain-and-the-end-of-money-as-weve-known-it/), and Bitcoin, Blockchain Technology, and Crypto-Currency (2016) (https://beyondmoney.net/2016/04/25/bitcoin-blockchain-technology-and-crypto-currency/). I will make it a priority to complete the series in less than a year. To be alerted as new material is posted you can follow me at my website https://beyondmoney.net
Chapter 2: Mega-Crisis to Metamorphosis—Can Civilization Be Saved?
The End of Money and the Future of Civilization (Chelsea Green 2009) remains as relevant and timely today as it was when first published. Unfortunately, bound copies have been out of print for the past several years, but the Kindle edition can still be downloaded from Amazon and there is an active market for used copies. Having recently had the rights reverted to me by my publisher, I have been considering republishing a revised and expanded edition of the book in serial form on my website. I will add some material that relates to recent developments like Bitcoin, blockchain, cryptocurrencies and smart contracts that will elaborate and expand upon what I’ve said in my previously published articles, Bitcoin, Blockchain, and the end of money as we’ve known it (2022) (https://beyondmoney.net/bitcoin-blockchain-and-the-end-of-money-as-weve-known-it/), and Bitcoin, Blockchain Technology, and Crypto-Currency (2016) (https://beyondmoney.net/2016/04/25/bitcoin-blockchain-technology-and-crypto-currency/). I will make it a priority to complete the series in less than a year. To be alerted as new material is posted you can follow me at my website https://beyondmoney.net
The End of Money and the Future of Civilization (Chelsea Green 2009) remains as relevant and timely today as it was when first published. Unfortunately, bound copies have been out of print for the past several years, but the Kindle edition can still be downloaded from Amazon and there is an active market for used copies. Having recently had the rights reverted to me by my publisher, I have been considering republishing a revised and expanded edition of the book in serial form on my website. I will add some material that relates to recent developments like Bitcoin, blockchain, cryptocurrencies and smart contracts that will elaborate and expand upon what I’ve said in my previously published articles, Bitcoin, Blockchain, and the end of money as we’ve known it (2022) (https://beyondmoney.net/bitcoin-blockchain-and-the-end-of-money-as-weve-known-it/), and Bitcoin, Blockchain Technology, and Crypto-Currency (2016) (https://beyondmoney.net/2016/04/25/bitcoin-blockchain-technology-and-crypto-currency/). I will make it a priority to complete the series in less than a year. To be alerted as new material is posted you can follow me at my website https://beyondmoney.net
Beyond the Matrix with Patricia Cori, a discussion with Tom Greco, originally aired Oct. 7, 2020 (during Covid-lockdowns): "We all know the global economic situation is on the brink of collapse. It is an unsustainable system, one that is barely standing - whether it is deliberately being taken down, or whether it is simply crashing with resounding finality. As governments rush to shore it up, we are currently, as my guest, economist Thomas Greco declared in this probing interview, in an inflationary economy AND a depression, brought about also by the "health situation" that has all but shut down societies worldwide. What will replace the dying economic matrix? Can we really create sustainable local, self-governing communities with our own people-based economies?
Fascinating conversation...There's much to be learned here - so do your best to tune in to the end! Thomas H. Greco, Jr. is an educator, author, and consultant dedicated to economic equity, social justice, and community empowerment. He specializes in the design and implementation of private and community currencies and mutual credit clearing networks with a vision to creating sustainable local communities and healthy societal economies.
Renowned International author, Patricia shares information on everything from health and well-being to philosophy, and current events, with an eye to informing and empowering her audience with motivational messages for individual and planetary healing, well-being, and success. Format is stream of consciousness directly, and also includes interviews with other new thought, alternative thinkers."
BeyondMoney.net
Todd Boyle is a man with a very interesting and unusual life story. In this episode, he candidly tells us about how he grew up in a large Catholic family; served a brief stint in the US navy but didn’t like it and managed to get discharged; got involved for a time in the drug scene; went to college and then worked for many years as a successful certified public accountant. He eventually renounced that career in favor of full time activism to promote the causes of peace and justice. He has been a staunch opponent of the war in Afghanistan and the multiple covert and violent interventions by US forces in countries around the world, and in recent years he has been a tireless advocate for the homeless right here in America. Todd’s ideas for ending homelessness, and 50 IDEAS for Cheaper Housing are listed here.
Listen in as we discuss some of the main contemporary issues and Todd’s ideas about how to get through the present deepening crisis with his own version of “walking away” (https://beyondmoney.net/2020/07/27/walking-away-from-the-new-old-world-order-into-the-old-new-world-order-part-i/).
Todd Boyle can be followed on Facebook (www.facebook.com/toddfboyle) and Youtube (www.youtube.com/user/ToddBoyle)
This episode was recorded July 20, 2020.
BeyondMoneyPodcast.com
BeyondMoney.net
The concept of the “credit commons” is something articulated at length in Thomas Greco’s 2009 book The End of Money and the Future of Civilization, along with a thorough description of how it can be reclaimed from monopoly control.
In November of 2010, the International Commons Conference: Constructing a Commons Based Policy Platform Economy was sponsored by the Heinrich Böll Foundation, in Berlin, Germany.
In this six-minute presentation, Greco points out that credit is a crucial aspect of “the commons” which has been generally overlooked. Reclaiming it is crucial to any attempt to promote social justice, economic equity, democratic government and a world that works for everyone.
The video version of this presentation is available on the BMP youtube channel:
https://www.youtube.com/watch?v=k8EyOxAw75I&feature=youtu.be
Beyondmoneypodcast.com
www.BeyondMoney.net
Jose Francisco Garcia Mazcorro (Pepe) (Born in July 1982), is a scientist and educator who from 2000 to 2005 studied Veterinary Medicine and, in 2011, received a PhD degree from Texas A&M University.
Upon his return to Mexico in 2012, Pepe and his wife, Alicia, who also holds a PhD from the same university, started a program they called “Free Science Classes.” Pepe currently spends most of his academic life working on various research projects related to the human and animal microbiome. He also has an interest in Social Philosophy and published a book on that subject in 2007.
In this podcast interview, Pepe describes his work of taking science directly to children, provides some insights into Mexico’s current political situation and the implications of the election in 2018 of President Andres Manuel Lopez Obrador (AMLO) and discusses the status of the COVID “pandemia” in Mexico, its consequences, and possible remedies to avoid an even more complicated scenario in the years ahead. You can learn more about Pepe and his work at his personal website at https://sites.google.com/site/josefgarciamazcorro/home.
Pepe also recommends this video bout "social distancing": https://youtu.be/lf6yBeXmzCo
This interview with Jose Mazcorro was recorded July 15, 2020. www.BeyondMoneyPodcast.com
This group conversation, sponsored by the Praxis Peace Institute, was recorded online April 10, 2020. It covers such critical questions as:
- What is the essence of money?
- What are the functions of money?
- Where does money come from?
- How does money enter the economy?
- Who controls the issuance and flow of money?
- Why does total debt in the world keep growing?
- Is the system of money, banking, and finance stable, fair, sustainable?
- Are there better ways to “do” money?
- Why have local currencies not been more successful?
- Are there any success stories?
- Is there a “magic formula” for making an alternative money system work?
It continues with a discussion of the history of local currency efforts in Sonoma County, California and a description of straight forward approaches to creating local liquidity that is independent of banks and conventional money.
This is based on a presentation given by Thomas H. Greco, Jr. In November of 2009, at the conference on Michigan's Future Energy, Economy & Environment, held at Crystal Mountain Resort in Thompsonville, Michigan. The recordings of that presentation have been augmented and adapted by Ken Freeman.
This presentation is a comprehensive description of the "what" and "how" of transcending the political fiat money regime, and building a new equitable system of value exchange, and more than 10 years after the fact, it is more relevant than ever.
It can also be found on YouTube at https://youtu.be/MvTMcvVzNuQ. The transcript can be found here: https://beyondmoney.files.wordpress.com/2020/01/exchange-revolution-mp3-transcript_final.pdf
www.BeyondMoney.net
www.BeyondMoneyPodcast.com
beyondmoneypodcast@gmail.com
In this episode, we speak with John Attridge, CEO of BBX-UK and Ireland, a reciprocal trade community which is part of the BBX network of trade exchanges that spans 14 countries and together services more than 90,000 customers.
BBX is one of the scores of commercial trade exchanges operating around the world today that provide their businesses customers with a way of trading with each other without the need to use conventional money. They do this by maintaining a ledger of member accounts on which credits from sales offset debits from purchases in a process called credit clearing. Together, the scores of trade exchanges operating around the world enable moneyless trades worth several billions of dollars annually.
You can learn more about BBX by visiting their website at https://bbxuk.com/
This interview with John Attridge was recorded August 28, 2019.
www.BeyondMoney.net
www.BeyondMoneyPodcast.com
beyondmoneypodcast@gmail.com
In this episode, we explore the evolution of the commercial trade exchange industry, which over the past 50 years has proven the workability of credit clearing as a way of doing business without the need for money payment.
Ron Whitney, who has long been at the center of this industry, shares his knowledge and insights about its current challenges, prospects, and opportunities, including a description of the benefits of trade exchange membership and the increasing use of Universal Currency (UC) to enable purchases and sales over an extended trade exchange network.
Ron Whitney is the President and CEO of IRTA, the International Reciprocal Trade Association, which is the premier trade association of, and advocate for, the commercial trade exchange industry. Prior to assuming the leadership of IRTA in 2007, Ron founded and ran his own exchange for 15 years, and during his twelve year tenure as head of IRTA, Ron has managed to build up the association membership from 32 to about 100 today. Ron also has a BA from George Washington University and a JD from the Delaware Law School of Widener University.
Often referred to as “barter exchanges,” the scores of commercial trade exchanges operating around the world today provide their member businesses with a way of trading with each other without the need to use conventional money. They do this by maintaining a ledger of member accounts on which credits from sales offset debits from purchases in a process called “credit clearing.” Together, the scores of trade exchanges operating around the world enable moneyless trades worth several billions of dollars annually.
A wide range of educational resources pertinent to the commercial trade exchange industry, and moneyless exchange generally, can be found at
https://www.irta.com/library/
Ron Whitney can be found online at
www.irta.com
ron@irta.com
This interview with Ron Whitney was recorded July 27, 2019.
In this premier episode of Beyond Money Podcast, Thomas Greco discusses what money is, how it's "created", what is problematic and dysfunctional about the present money system, and what can be done to decentralize and democratize the way we pay for goods and services.
This is an exciting hour, packed with a condensed history of banking and money creation, from the founding of the Bank of England, to the Age of Jackson, and our current era of the Federal Reserve System and the global network of central banks.
Taking inspiration from the likes of John Kenneth Galbraith and E.C. Riegel, Greco describes how we the people can take back our money power, escape the domination by the global monetary elites, and restore true democracy by the improvement and proliferation of proven mechanisms of credit allocation and management.
www.beyondmoneypodcast.com
E.C. Riegel.
https://beyondmoney.net/resource-links/e-c-riegel-%e2%80%93-master-of-monetary-truth/
and
https://reinventingmoney.com/library/
Greco, Thomas. Local Currencies—what works; what doesn’t?
https://beyondmoney.net/monographs/local-currencies-what-works-what-doesnt/
https://beyondmoney.net/2013/04/22/do-banks-create-money-out-of-nothing/
https://beyondmoney.net/2012/06/20/e-c-riegels-money-quiz-and-the-true-money-system/
https://beyondmoney.net/2009/09/07/the-legacy-of-e-c-riegel/
Thomas Greco's books:
The End of Money and the Future of Civilization
https://www.amazon.com/End-Money-Future-Civilization-ebook/dp/B005XBLOEM/ref=sr_1_1?keywords=greco+the+end+of+money+future+civilization&qid=1551331799&s=books&sr=1-1-spell
Money and Debt: A Solution to the Global Crisis
https://www.amazon.com/gp/offer-listing/0962520810/ref=dp_olp_collectible?ie=UTF8&condition=collectible
Money: Understanding and Creating Alternatives to Legal Tender
https://www.amazon.com/gp/offer-listing/1890132373/ref=tmm_pap_collectible_olp_sr?ie=UTF8&condition=collectible&qid=1551331589&sr=8-2-fkmr0
New Money for Healthy Communities
https://www.amazon.com/gp/offer-listing/0962520829/ref=dp_olp_collectible?ie=UTF8&condition=collectible
www.BeyondMoney.net
www.BeyondMoneyPodcast.com
beyondmoneypodcast@gmail.com
Episode 03: Will Ruddick
Will Ruddick is a development economist focusing on currency innovation. After completing graduate school researching high energy physics as a collaboration member at the Stanford Linear Accelerator Center, he found his analysis skills and passion drawn to alternative economics and development. Since 2008 Will has lived in East Africa and managed several successful development programs in environment, food security and economic development. He is dedicated to connecting communities to their own abundance, and is an advocate for, and designer of currencies for poverty eradication and sustainable development. Mr. Ruddick has pioneered Community Currency Programs in Kenya since 2010 and is the founder of the award winning Bangla-Pesa program. He consults on Community Currencies worldwide and while researching with the University of Cape Town's Environmental Economics Policy Research Unit. Mr. Ruddick is also an associate scholar with the University of Cumbria's Institute for Leadership and Sustainability.
His specialties are program development, research, data analysis, agent based modeling, computer simulation, monitoring and evaluation, complementary currencies, informal settlements, environmental programs, cooperatives.
In this episode, Will talks to us about his work over the past eleven years, organizing micro-entrepreneurs in poor areas of Kenya. Central to his work has been the creation of community currencies that have enabled a greater amount of trading and utilization of capacity in those communities. Recently, Will and his associates have been implementing digital forms of those currencies, and networking communities together in a wide area exchange system.
Grassroots Economics, https://www.grassrootseconomics.org
“Through community currencies people have a way to exchange goods and services and incubate new businesses, without relying on scarce national currency and volatile markets.”
Documentary on Will Ruddick and Kenyan Community Currencies, https://youtu.be/ojFPrVvpraU
How to Give People the Same Power As Banks, https://youtu.be/PfEW2atiB4s
Unblock HongKong - Interview with Will Ruddick - Director at BANCOR, https://youtu.be/OagQNEecZhA
M-Pesa, https://en.wikipedia.org/wiki/M-Pesa
This interview with Will Ruddick was conducted 2019 April 30.
Heloisa Primavera is founder of the Latin American Network on Solidarity Socioeconomy http://www.redlases.org.ar and the Colibri Project, which offers training for agents of endogenous development and since 1996, has studied barter clubs (clubes de trueque) and Solidarity Economy in Argentina and throughout Latin America
She is Professor at the School of Economics and at the School of Social Sciences at the University of Buenos Aires.
In this episode, we talk about the conditions that led to the rise of the social money movement in Argentina around the turn of the century, its eventual fall, and any current efforts to rebuild it.
This interview was recorded on February 23, 2019.
www.beyondmoneypodcast.com