This is not a book on economics or economic theory. I am not an economist. My expertise lies in international finance and money systems. This is why … - Bernard Lietaer

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This is not a book on economics or economic theory. I am not an economist. My expertise lies in international finance and money systems. This is why I have adopted here a whole systems approach to money. Whole systems take into account a broader, more comprehensive arena than economics does; it integrates not only economic interactions but also their most important side effects. This includes specifically in our case the effects of different money systems on the quality of human interactions, on society at large, and on ecological systems. In essence, money is a lifeblood flowing through ourselves, our society, our global human community, and should be acknowledged and treated consciously.

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About Bernard Lietaer

Bernard Lietaer (7 February 1942 – 4 February 2019) was a civil engineer, economist, author, professor and philosopher who studied monetary systems and promoted the idea that communities can benefit from creating their own local or complementary currency, which circulate parallel with national currencies.

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Deep in our hearts, we all want to leave a better world for our children and we cherish the hope that we may experience this for ourselves in our own lifetime. However, there is growing concern that many of the challenges we now face are unrelenting and more and more people question our ability to address them effectively. Indeed, despite some breakthroughs and the valiant efforts in the public and private sectors, the challenges to our planet and society are growing both in scope and severity with each passing decade.

Greed and competition are not a result of immutable human temperament... greed and fear of scarcity are in fact being continuously created and amplified as a direct result of the kind of money we are using. For example, we can produce more than enough food to feed everybody, and there is definitely enough work for everybody in the world, but there is clearly not enough money to pay for it all. The scarcity is in our national currencies. In fact, the job of central banks is to create and maintain that currency scarcity. The direct consequence is that we have to fight with each other in order to survive.

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When we think about money, we tend to take for granted its basic characteristics, which have remained unchanged for centuries. We are not likely to visit the hidden assumptions embedded in our familiar money system, and we are even less likely to re-examine them in search of solutions.

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