GG Trust intends to participate in an alternative economic system that is being created, one that may lessen the shock of the coming collapse. By using local alternative currencies, communities in the Great Depression of the 1930s were able to prosper, even without access to supplies of their national currency. But when their central governments forbid the use of these local alternative currencies, these communities experienced the same collapse as their unfortunate neighbors.
One alternative currency, the Swiss Wir, has been around for over 60 years, and has over 2 billion dollars worth of transactions each year. It has been instrumental in contributing to the stability of the Swiss Franc.
There was only one complementary currency system in 1984. By 1990, there were fewer than 100 complementary currency systems operational in the world, but in the year 2000 there were over 2500, and their number continues to grow. Prof. Bernard Lietaer, co-developer of the Euro, has written extensively on complementary currencies, as well as the characteristics of the current monetary system, and why it is prone to boom and bust. We highly recommend the study of his writing: Integral View on Money.pdf
Rather than using solely government-mandated debt instruments (called “fiat currency”, legal tender, or National Currencies), GG Financial has discovered such monetary mechanisms as self-liquidating bills of credit, “terra-cotta bills of exchange”, self-liquidating loans, and esoteric instruments used by private commerce such as Uniform Advertising Week Promissory Notes, which can quickly and easily re-capitalize banks, increase the amount of money in circulation, and reduce the debt of the community, and of the nations.
By using these complementary currencies and protocols, alongside the debt instruments that all current governments mandate as their national currency, GGT Financial has the means to quickly and greatly increase its own assets, thus benefiting its shareholders, while also funding a large number of projects important to the ecology, the economy, society, and humanity.
Monetary Reform:
Gold And Bills Of Exchange
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Synthesis of the Relevant Concepts from “The Future of Money” Euro architect Bernard Lietaer
