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Now published: Chapter 16—The Role of Credit Clearing in Regional Economic Development
From:
Thomas H. Greco, Jr. -- Economist Thomas H. Greco, Jr. -- Economist
For Immediate Release:
Dateline: Tucson, AZ
Tuesday, July 15, 2025

 

Chapter 16 is the latest Chapter in my new updated and expanded edition of The End of Money and the Future of Civilization. The link to this chapter is now listed along with the other previously published chapters on the book page along with links to the audio narrations by Ken Richings. Scroll down to find Chapter 16 there or click here to go directly to the PDF file.

Here are the Chapter contents:

Figure 16.1 A Typical Small Boat Harbor (Drawing by Dennis Pacheco)
  • The Orthodox Approach to Community Economic Development
  • A Comprehensive Community Economic Development Plan
  • Stage I: Map the Local Actors and Assets & Promote Import Substitution
  • Stage II: Support Structures for Localization—Saving, Investment, Finance, and Education
  • Stage III: New Liquidity Through TrustMutual Credit as a Way to Pay
    How It Works
    Key Benefits
    The Generation and Allocation of Trade Credits
  • Stage IV: The Credit of “Trusted Issuers” Can Provide a Local Alternative Currency for General Circulation
  • Stage V and Beyond: Transition to an Objective Measure of Value and Unit of Account

As always, your comments are welcome.

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Name: Thomas H. Greco, Jr.
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Dateline: Tucson, AZ United States
Cell Phone: 520-820-0575
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