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EP70 Art Brock & Ferananda Ibarra on Currencies

The Jim Rutt Show

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The Future of Mutual Credit

mutual credit means that for every credit created there is an offsetting debit. All the positive balances always equal the negative balances and so the net money supply is always zero. The game in mutual credit as far as I'm concerned is the management of the credit limit patterns and formulas now most people like you mentioned time banks and let systems are not very creative about this stuff.

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