Al Jazeera's The Stream on Protest Currencies

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Video via http://www.youtube.com/watch?v=4dJx95cTQ2o


Description

Aljazeera’s The Stream reports on how people declare economic independence by establishing alternative currencies.


“People and businesses are establishing micro-currencies in the wake of the global financial crisis in order to take matters into their own hands. These small alternative forms of money are used as a way to promote local commerce and challenge the current economic system.


Critics, however, claim they are merely a gimmick. Others say it is a way to keep money within a local economic area while forming resilience against the volatility of the global system.


In this episode of The Stream we speak with Eric Garland (@EricGarland), Heloisa Primavera (@jelenabartermad) a sociologist in Buenos Aires, Argentina and Peter North, a senior lecturer at the University of Liverpool.” (http://www.experientia.com/blog/aljazeeras-the-stream-on-alternative-currencies/)