VIDEO: Peak Moment: Local Currencies: Replacing Scarcity with Trust (Francis Ayley)

  Francis Ayley established over a dozen local currencies in the UK before moving to the United States. He contrasts our standard, scarcity- and debt-based money system with local currencies in which "there's always as much as you need." Local currencies like his Fourth Corner Exchange issue money when members trade goods and services. Communities with local currencies will be less affected when recession or depression hits the mainstream economy.

  5 February 2007 -- Global Public Media

  Janaia Donaldson hosts Peak Moment, a television series emphasizing positive responses to energy decline and climate change through local community action. How can we thrive, build stronger communities, and help one another in the transition from a fossil fuel-based lifestyle?