Terra (proposed currency)
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The currency is meant to be based on a basket of the nine to twelve most important commodities (according to their importance in worldwide trade). Lietaer opines this would provide a currency that wouldn't suffer from inflation:
The basic principle emerged from early concepts presented in an article in the French newspaper Le Fédériste on 1 January 1933. The idea to establish a Script error: No such module "Lang". (Template:Langx), was given birth. The idea was enthusiastically picked up by Lietaer during an educational journey.Script error: No such module "Unsubst".
See also
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- ISO 4217 currency codes
- History of money
- World currency
- Commodity currency
- International dollar
- Stelo, a 1946 alternate currency intended to be stable by linking to the price of bread in the Netherlands.
References
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Bibliography
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External links
- The Terra TRC white paper
- L'Europa/die Europa – das Geld des Friedens
- Studienreise Hr. Lietaer im Heimatmuseum Wörgl
Further reading
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