Shillings from Heaven, Wörgls Miracle ( Subs)

Creating and exchanging promises (credit obligations) builds thriving communities and should be enshrined a basic human right. The story of Wörgl is the first implementation of demurrage . It has been an inspiration for Grassroots Economics and many others. I hope it inspires you and you share the hope you find here with others. Thanks Alison Malisa for sharing it with me. This video was taken from from: Wörgl (Austria), 1932: The world economic crisis is at its peak, radical political movements emerge. In a small Austrian community, the engine driver Michael Unterguggenberger accepts the mayor s office against better knowledge. But how is he supposed to save Wörgl The power of despair and the support of his wife Rosa form the breeding ground for a daring experiment: Unterguggenberger wants to print his own money without further ado socalled work confirmation no