Option #13: Establish a Chiemgauer Economic Experiement which would demonstrate an alternative to capitalistic economies.

Submitted by Andreas Bangemann of Germany

In Germany, Switzerland, Belgium and the Netherlands over the last two years many projects involving the forming of local currencies were launched. For example in the South-East of Munich there is a region near the sea called "Chiemsee". They have a special currency called "Chiemgauer" . More than 300 retailers are involved and they are offering there goods which can be paid with "Chiemgauer".

The currencies are build on the model a german economist, who died in 1930. His name was Silvio Gesell.

His model is to make money equal to the goods and services provided and thereby eliminate the use of interest.

The disadvantage of this experiment using a small region is the small numbers of participants for the Gesell economy. If we could give this model a try in a metropolitan city like New York we could show that this kind of ecomomic system which benefits all people and it would be adopted around the world.

With 500 Billion Dollars, the Silvio Gesell economic model could change the world and liberate the free market economy from capitalism.