A currency for Christchurch taken seriously

John Campbell introduced the piece on RNZ's Checkpoint with the remark, "A separate currency for Christchurch could be real. Is the city serious about it? Are they for real?". He said he had done his own research and found the Bristol Pound in UK. And the Totnes Pound and the Brixton Pound.

Chair of the council's Finance Committee Raf Manji explained there were 2,500 community currencies operating round the world, talked of his preference for the Bristol Pound because of its convertibility. Treasury and RBNZ need to be involved. Our plan is to launch it at the 2017 Social Enterprise World Forum. http://www.radionz.co.nz/national/programmes/checkpoint/audio/201795721/christchurch-could-soon-have-its-own-currency

Kim Hill interview with Raf Manji

You can listen to this excellent fifteen minute interview on the money system here. This is a very clear exposition of the monetary system and fractional reserve banking. He also touches on timebanking and other form of alternative currencies as well as the Occupy movement Raf Manji is a former London investment banker who moved to Christchurch and founded the independent policy development space, the Sustento Institute .