Internal Network Trade
Jump to navigation
Jump to search
Description
From Chelsea Robinson, in Assets in Common:
"Internal Network Trade and Complementary Currencies for Monetary Sovereignty: Monetary policy is typically considered the role of the state. It determines how the central bank controls the money supply and promotes price stability. It involves managing interest rates, setting bank reserve requirements, and influencing credit availability in the economy. These kinds of policies can be generated within networks of businesses with shared resources. Complementary currencies or internal network trade can be opportunities to redefine the role and value of money. Sovereign economic spaces can encode new incentives and imbue meaning to money itself."