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I would like to first work for the management of a community\'s local currency, then oversee the management. I would then take the experience to other neighborhoods interested in establishing local currencies. As my expertise develops, I would work for a networked organization of local currencies before representing the interest on a national level. The pinnacle of my career will involve me at the international level of monetary reform. I have decided that monetary economics holds the most potential to strengthen cooperation, public engagement, and financial distribution. If the creation of money is publicized, and maintained as a centralized, debt based system, citizens would be able to influence interest rates, and the revenue from the interest could be used for public works. When Julius Ceasar did this in Rome, many public facilities were constructed. If the creation of money is localized, community organizations could decide how much local currency to distribute, and banks could be run as non profits, allowing wealth to remain distributed. Local currencies also encourage local purchases, increasing social affiliation with supply and consumption, and diminishing social alienation. The social transformation that public monetary system could have would be inspiring. It would have the potential to diminish a culture of self-focused competitiveness into greater cooperation and concern for one another\'s well being and goal achievement. OpEdNews Member for 138 week(s) and 3 day(s) 3 Articles, 0 Quick Links, 1 Comments, 0 Diaries, 0 Polls 3 Articles
Monday, October 5, 2009 |