tag:blogger.com,1999:blog-1530140329306503392.post1780037932212712691..comments2024-03-19T08:19:45.049-04:00Comments on Crane and Matten blog: The art of financeCrane and Mattenhttp://www.blogger.com/profile/13809682169218066019noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1530140329306503392.post-34618586443154916242010-11-12T10:23:30.848-05:002010-11-12T10:23:30.848-05:00I think you're probably right - they can perha...I think you're probably right - they can perhaps happily co-exist. I am just back from a trip to Detroit which is a city that might be ripe for the local currency treatment - it seems that conventional financial architecture is irrelevant for the inhabitants of an inner city who have been abandoned by the powers that be. Hence, the emergence of small scale farming ventures on vacant plots - the only supermarket downtown is the low end Aldi chain, so locals are having to take matters into their own hands.Lanterne Rougehttps://www.blogger.com/profile/07271087400817366388noreply@blogger.comtag:blogger.com,1999:blog-1530140329306503392.post-1057069937954960612010-11-05T14:12:48.914-04:002010-11-05T14:12:48.914-04:00In a way the two are related Lanterne. The more cu...In a way the two are related Lanterne. The more currencies go transnational (as with the Euro), the more people seek some local connection with alternative currencies. So a global currency would probably actually give more impetus to the local currency movementCrane and Mattenhttps://www.blogger.com/profile/13809682169218066019noreply@blogger.comtag:blogger.com,1999:blog-1530140329306503392.post-18135351328311345042010-11-05T14:01:51.538-04:002010-11-05T14:01:51.538-04:00Fascinating piece - I was talking to someone the o...Fascinating piece - I was talking to someone the other day about Nicholas Kaldor's advocacy for a global currency, this seems to be th opposite!Lanterne Rougehttps://www.blogger.com/profile/07271087400817366388noreply@blogger.com