This White Paper is right on track - as it is the essence of the vision of Terra TRC developed by Bernard Lietaer and Jacqui Dunne, who are some of the visionaries behind this innovative currency.
Here's what they write on their website to articulate the essence of their Terra TRC strategy:
"The Trade Reference Currency (TRC) TM is a new currency privately issued by the TRC Alliance, with a built-in circulation incentive that could play a significant role in getting the world out of recession. Its unit of account is the Terra. It would systematically stabilize the effects on the business cycle and re-align financial interests with long-term sustainability."
"Without the Terra
"The experience for Business in particular is:
"More expensive and riskier international activities
Deeper and longer recessions worldwide
Non-standardized and expensive counter-trade deals
Irresolvable conflict between the short-term financial demands of their shareholders and long-term sustainability
Massive losses of jobs"
No comments:
Post a Comment