Alternating Currency

Global monetary expert Bernard Lietaer has said that a country would be more stable financially if it had multiple currencies focused on specific sectors of the economy – the idea being that if one goes down, the others can continue to provide needed financial services. Ellen’s guest is Lionel Denenberg, the tech genius behind PayServices, a crypto-currency concept already authorized to create alternate local and state “money” systems that could serve special needs like the growing cannabis industry. Co-host Walt McRee talks with the former president of the Massachusetts Growth Capital Fund, Charles Grigsby, who is helping public banking advocates bring forward a new infrastructure bank in the MA House based on public banking principles.  And there’s been a big win for public banking in New Jersey!

(Audio length 00:59:14)

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