[Music]
are there any bankers in the
room raise the hands the bankers here
also but not alone we emile and
together we created a currency
a currency what is it?
good with this ticket to the week
last me I traveled and I was able
book a hotel room i’m
returned to the hotel filled the papers
there the administrative papers and I
gives this bias to the boss of the hotel and
then I go for a walk in the city
the boss does not he he says I’m going
go and have a drink at the cafe
corner and then I’m going to enjoy it for
set my slate
he goes to see the boss of the bar and he
give the bias it was fine because
that the boss of the bar he had his car
recovered at the garage
so he goes to the garage he
get his car back and they give him
his ticket the mechanic him he had some
debts to be reimbursed to the bosses of
the hotel
so he is slowly moving towards
the hotel he goes to see the boss and he
give the ticket then that’s when
there that me in my little walk there I
tell me yes next week a
tedx conference in Chambéry it would be
still, although I’m a little
stage that I go back to prepare for it
I go back to the hotel I apologize
with the boss I tell him that
I cancel my reservation and therefore the
hotel boss does not give me the
ticket this bias
well it was a fake this blessed had to
value only because people who
have used to think he had the
currency is a story of trust
so speaking currency if I tell you the
yen the dollar the euro the pound sterling
maybe even the franc cfa I think
what you see of what I can
now if I tell you there ghosn is
the soil the violet soil the wheel the
king hour the palmas the kern the leman he
there are thousands of money that
circulate in the world
in addition to those you
know these complementary currencies
they meet other needs than
the major national currencies and
international and well for example this
evening we are in Chambéry and the currency
we created it is in addition
of the euro it is the pupil is the pupil
this currency
it’s simple I go to a counter
change of the association the currency
otherwise I leave a ticket of 10 euros
this one is it’s true and then I
the change against ten students
from there it’s simple I have the
choice Chambéry is a town of 120
thousand inhabitants I have nearly 200
professionals who accept the student
so with this ticket in my pocket I can
do a little what I want me I
decides to go bar to drink a shot
in a downtown bar they
accept it and well by talking with the
boss and seeing a little her little
smile when she saw me go out my
student tickets
I told myself that it was
really great than paying in students
have become as simple as paying
with a contactless card
in addition she now tells me I
receive student payments
almost every day and she tells me
that she noticed something is that
the people who pay for it by raising it
discuss more with her about anything
of neighborhood life
but to listen to it, I thought that
does it look like it ‘s still
more value to this currency and then
now with the students she has
cashed
she buys her beer locally from
of a brewer she discovered
because he also accepted the student
and then also part of the salary of
his waitress she pays in and the egg and
the waitress holtz of ubs in fact it’s
that’s nice to me every month I discover
new shops in which I
perhaps will never actually went
it’s getting more and more even
town halls smet
there was already in England the mayor
of the commune of brixton which had
decided to accept the entirety of
his compensation of elected in currencies
local brixton speaks
well we there are elected here they
said at the end of the year the gift vouchers
that we offer to our municipal officers
we will pay them in pupil but because
that like that it will encourage people
to spend them in small
shops in the area when we still
much needed by the times and
and then this currency she
will continue to circulate he had well
including severe sahel will not evaporate
far from the festive city by leaving this
bar there I felt anyway
really proud to tell me
the two students I had left at
counter for my coffee
he was going to join the 100,000 already in
circulation that strolls around
I think there’s something I love
really is to tell me that with this
currency I find the power of everything
my money is finally going where he goes
more ie very far from home
me on the other side of the planet in
tax havens or to finance
extra polluting activities and the
trust is there in town hall we do not have
do things half we do not have
created a bank we created 2 ben
yes because the currency we said is
trust and exchanges are by
example the unit of account for that that
can be time
and what are we exchanging with
time for example services that
can go to each other
our second bank is the time
it is the rope to the agreement of life on
exchange hours of hours of
service
an hour of ironing for hours
of computer class hours of
to cut a hedge for hours
to get help in completing the
administrative forms for example
an hour is equal to one hour
regardless of the type of services exchanged
at the rope shop all the talents have the
same value
there is a story that happened to
rope and who me deeply
touched is that of a person who
had made a lot of services she
had babysat she had done
ironing and with all the hours
she had accumulated on her account
so much she asked several
people coming to her house and they have
repainted all his apartment obviously
she was alone
this site they felt completely
unable and in addition she did not
ways
it was packed
tuners the tuners what they
say and exchange without money
makes them more equal to each other
say that if there had not been
system 1 there are a whole lot of people
that they would not have met any
simply because they are not
same world
or because they do not live the same
neighborhood they say true wealth in
it’s the links that unite us
they say that when we go out of
classic euro system that we
makes them more free they say he would
still urgent that starts to
count what really matters in our
lives because when we only count
in euro we leave aside a sacred
package of things that are valuable
in our lives like friendship love the
Wellness dignity recognition
and trust never doubt that a
small group of committed people and
thoughtful can change the world into
done it’s always like that
happened
that’s not me saying it’s
margaret mid the anthropologist but yes
because at the beginning we were not 1000
they were 15 merry determine all
of quite different horizons but he
wanted to tackle the nerve of war
to money he wanted it to become
the nerve of peace and yet no
was economist even less
bankers it did not even make them
afraid actually they started from an idea
it’s simple of an observation of a reality
today at 98% of transactions
money is going on
speculative markets and there are some
only two percent in
the real economy
trade in goods and services and
bein uh it was his 2% who
interested
in fact it’s simple it was a band
of a bit of concrete pragmatics so they
have come to the basic definition of
what is the economy the economy at
etymological meaning of the term this is the
household house management ok that
it’s simple everyone understands that
means the economy in fact it’s
work shop pay his
taxes caring for loved ones and his
frolics from this idea there they
are 10 may the riches there they are
in every aspect of our lives
but what remains to be done here is
circulate them and suddenly it has
given
I would really like
owl that makes you want some
others to meet each other and then to
give away the wii because in the cities
in which we live today the
large cities are no longer in
villages we know each other more
others not even with our neighbors
even sometimes we are afraid there are some
have said it before me and ben hop a
accordions and then there were also
it would still be really important
that we encourage ourselves to play the game of
local in our purchases
yes, because we realize
as for the cities they be nice
to live attractive dynamic etc
we need lots of small businesses
independent local it is necessary that it
long live what and then it also takes
economic activities that take
care our environment
history that we do not all of them
pollution in the middle of winter hop a currency
local like
it’s actually happened you know
henry ford you know in uniform
the American industrialist Fordism all
that ok good and ben henry ford
there was something really
interesting he was saying that nothing before
that cars by the way he was saying if
the people of this nation understand our
monetary and banking system
I think there would be a revolution
before tomorrow morning
well the local currencies it serves
also to understand the economy but I
could you do the most beautiful
powerpoint of the world to explain to you
I am among the mechanisms of the
monetary creation or institutions
of the European Central Bank or
still the cycles of the crisis since the
the 30s it would never be worth it
the experience of living yourself that which
is to create your own currency in
does it ever be worth the fact of
understand the economy by recreating
the economy
if this group of pioneers had
were not economist c15 the
departure he still had a point
common is also philippe india
is one of the founders he liked
say our projects they are a little
very economical technique and
passionately human in fact it was
rather that their specialty human
openness to others respect for the
difference and for me in the life of
the currency otherwise there is a story
that they show well is that of
sophie who arrived in the movement
a little by chance it’s a little to life
from the light she came back it’s
a bit like that that happened and
then little by little like that two years
after she was elected to the council
of the association
she was not familiar with the workings of
community life and she
found in a universe rather
male and still with strong
personalities
but the group i he just took the
time to welcome him in fact sophie
for me it’s a very good example
will always remain the one who has served
every opportunity to use
the rules of life that the group
had given himself for example
sophie she said stop when it was going
too fast for her like that she has
dare to open it
while she was there since not
very long time to come up with ideas
that she had she integrated the
rules of debate and she took some
decisions and voted decisions with
which sometimes she was not
Okay
she consented because it was
possible for her in this setting and
so she welcomed those who are
Arrived behind her as she
had been welcomed and trusted
is there what you need
realized is that these two to three
hundred to the scale of our little
city it’s two to three hundred
tuner who join each year
this project and these ten to fifteen
business
ten to fifteen professionals per month
joining the EFS
in fact all the energy of this group
was focused on causing
to debate to gather dozens
then hundreds and then thousands of
citizens but pretty quickly what is
appeared that there was still
big differences school
were not the same in each
at the others
yeah just traders
it does not work as associations
or the elect they do not gather in
the same places as the volunteers
activists he does not communicate in
management of companies
it’s matured these small differences there
it ended up looking a bit like
insurmountable walls that
prevented people from surrendering
account that in fact the stakes they are
the same because they share before
all the same territory he lives in
same place and then to look at it from a
a little closer no actually we got
realized that these walls he was not
so thick that in fact you know
it can be kind of a kind of
small partitions in placo finally enough
fine a bit of the same kind as the one that
prevents me from doing so and with my neighbor
morning or brand happy that my
baker to health concerns or
still that the mayor of my commune
in fact he to his children in the same
school what mine what brief walls
or in fact
it’s not very complicated to do
fall what bah yes because in fact this
what did the group say they know why
but why in the world in which
we live it would be necessary that all the life
all of life for centuries and
centuries the associations does not care
that of the human the companies do not
make money and elected officials do not
do that of politics
no money there to us our banks they
cover these three dimensions
the human money and politics
so we did not have a choice
it’s ripe it had to be done
to fall is good we succeeded we are when
even a little happy we gathered together
people we embarked them in
the adventurer then we ended up getting
gather town hall square
not far from here
in November 2014 for the first time
in circulation
students in local currencies then
we arrived with our bikes there and
bags full of banknotes while
nine is a little cold we made it flow
coffee was installed counters
exchange
the elect were there the traders
obviously as short as we had
prepared a very small party here
at our scale but is we had
been all we needed we had put
articles in the press we had
communicated for a long time knew that
it was a project that was expected
but we still had all the freak
we all had the same scare
it was that no one came and then
and well in the space of a few hours
instead it is completed and it is
about 300 people they came and
who exchanged their euros we put
in circulation
ten thousand students in three hours of
time
the smiles there they answer each other and
in the square as fast as the balls
and then ben us with a little hindsight
a few years later we say that
if our local currencies are there have
still not revolutionize the economy
they proved to us at least one
thing is that today there is no
that fear and helplessness
contagious no joy the pleasure
the envi but are still more thank you
[Applause]
”
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