Terra Currency

Terra Currency

Terra is the name of a possible "world currency". The concept is currently proposed by Belgian economist Bernard A. Lietaer and is based on the historic proposal of L'Europa.

The currency is meant to be based on a basket of the twelve most important commodities (according to their importance in world wide trade). Lietaers opines this would provide a currency that wouldn't suffer from inflation. Moreover this alternative currency would simplify barter.

The basic principle emerged from early concepts presented in an article in the French newspaper "Le Fédériste" on January 1 1933. The idea to establish a "L'Europa – monnaie de la paix", in English "Europe - Money of peace", was given birth. The idea was enthusiastically picked up by Lietaer during an educational journey.

References

*cite book |last=Lietaer |first=Bernard |authorlink=Bernard Lietaer |year=2001 |title=The future of money |isbn=0-7126-8399-2 |publisher=Century |location=London |oclc=43633316
*cite book |last=Lietaer |first=Bernard |authorlink=Bernard Lietaer |title=Das Geld der Zukunft. Sonderausgabe. |publisher=Riemann Verlag |location=München |year=2002 |isbn=3-570-50035-7 |oclc=76371515

See also

*ISO 4217 Currency codes
*History of money
*World currency

External links

* [http://www.terratrc.org/ The Terra TRC (Trade Reference Currency)]
* [http://www.accessfoundation.org/ Access Foundation] Alliance of Complementary Currencies Enabling Sustainable Societies
* [http://www.unterguggenberger.org/page.php?id=60 L’Europa/die Europa – das Geld des Friedens]
* [http://www.unterguggenberger.org/index.php?m=single&id=42 Studienreise Hr. Lietaer im Heimatmuseum Wörgl]
* [http://www.futuresfoundation.org.au/documents/wellbeingproject/supporting%20articles/Beyond%20Greed%20and%20Scarcity.pdf Interview of Bernard Lietaer on monetary policy and complimentary currencies]
* [http://www.terratrc.org/PDF/Terra_WhitePaper_2.27.04.pdf|The Terra Currency White Paper]


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • Terra — may refer to:In astronomy: *The Latin, Catalan and Portuguese name for the planet Earth *Terra (satellite), a research satellite launched by NASA in 1999 *In planetary nomenclature, terrae are extensive land masses found on various solar system… …   Wikipedia

  • Terra Andina Hotel Cusco (Cuzco (Cusco)) — Terra Andina Hotel Cusco country: Peru, city: Cuzco (Cusco) (City/Cusco Historic District) Terra Andina Hotel Cusco Offering superb service along with a friendly and professional staff, the Terra Andina Hotel ensures you a delightful stay in the… …   International hotels

  • Terra (Währungseinheit) — Der Terra (nach dem lat. terra: „Erde“, „Land“) ist die Bezeichnung für eine erstmals im Jahre 1933 veröffentlichte mögliche Weltwährung. Die Währung Terra soll auf einem Warenkorb aus den zwölf wichtigsten Waren und Dienstleistungen (gemessen an …   Deutsch Wikipedia

  • World currency — In the foreign exchange market and international finance, a world currency or global currency refers to a currency in which the vast majority of international transactions take place and which serves as the world s primary reserve currency.A… …   Wikipedia

  • North American currency union — Amero redirects here. For the teacher, see Julie Amero. The North American Currency Union is a theoretical economic and monetary union of three North American countries: Canada, the United States and Mexico. Map of a theoretical NAU, with Canada …   Wikipedia

  • Complementary currency — Not to be confused with private currency or alternative currency. Complementary currency (CC) is a currency meant to be used as a complement to another currency, typically a national currency.[1] Complementary currency is sometimes referred… …   Wikipedia

  • Demurrage (currency) — Demurrage is a cost associated with owning or holding currency over a given period of time. It is sometimes referred to as a carrying cost of money. For commodity money such as gold, demurrage is in practice nothing more than the cost of storing… …   Wikipedia

  • India — /in dee euh/, n. 1. Hindi, Bharat. a republic in S Asia: a union comprising 25 states and 7 union territories; formerly a British colony; gained independence Aug. 15, 1947; became a republic within the Commonwealth of Nations Jan. 26, 1950.… …   Universalium

  • brazil — /breuh zil /, n. brazilwood. [1350 1400; ME brasile < ML < It < Sp brasil, deriv. of brasa live coal (the wood being red in color) < Gmc; see BRAISE] * * * Brazil Introduction Brazil Background: Following three centuries under the rule of… …   Universalium

  • Brazil — Brazilian /breuh zil yeuhn/, adj., n. /breuh zil /, n. a republic in South America. 164,511,366; 3,286,170 sq. mi. (8,511,180 sq. km). Cap.: Brasília. Portuguese and Spanish, Brasil. Official name, Federative Republic of Brazil. * * * Brazil… …   Universalium

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”