Community Currencies , proposed by President Chavez

martes, 31 de agosto de 2010

The President of the Bolivarian Republic of Venezuela, Hugo Chávez Frías, called upon the inhabitants of the commune in socialist construction Panal (Honeycomb) 2021, which includes seven community councils January 23 sector west of Caracas, to the creation of a communal currency through which concrete exchange of goods and services within the locality.
The Head of State said that the creation of community currencies is covered in the Constitution and the Draft Law for the Promotion and Development of Community Economic System, and urged other communities to initiate their use.
During inspection of a packer located in the Commune Sugar Honeycomb 2021, said that the implementation of the new currency will advance community improvement of barter, which strengthens the solidarity and community organization through trade.
"You can make a coin for it to work right here is why we have the mint that will facilitate special role for anyone to falsify," the Head of State.
He explained that the currency exchange would be worthless against a good and the community itself should determine in which locations could be effective implementation. Chavez said that it could be used as remuneration in voluntary work or to benefit the neediest families, but never paid formal employment.
"You will put the name you want, you can be comb 2021, or 23, as you decide." Chavez said. He invited people from 23 January to study in depth the laws that underpin the creation of community currencies to immediately start its implementation and progress in their development.
Currently the National Assembly (AN) prepares the report of the Draft Law for the Promotion and Development of Community Economic System, which provides for the use of barter and community currency in commercial transactions between communities, but not intended to substitute no means the lawful currency Venezuelan Bolivar.
The proposed social currency is also applied in countries such as Argentina, USA, Chile, Mexico and Brazil, as well as European nations.

1 comment

"Chávez called upon the inhabitants to the creation of a communal currency through which concrete exchange of goods and services within the locality."
Jct: Good for Hugo. The only elected politician I know who strongly pushes financial liberation from the usury loansharks.

31 de agosto de 2010, 21:39