Muenster Zeitung July 20 1999 Exchange rings as an alternative by Fueser
John Turmel visited LoWi e.V.
Picture caption: John Turmel protests against the power of the banks and he is committed to exchange-ring-systems as an alternative economic system.
Muenster (MAF)- "Exchanging instead of paying!" is the basic principle of LoWi e.V. (local economic initiative) of the exchange ring for Muenster that was founded in March 1996 to try out "a new, fair and social system of work, trade and market." The Canadian John Turmel who is dealing with this issue since 1984, told of developments and far-reaching possibilities of exchange rings also on an international level. The engagement of this enigmatic personality goes back to the plan to legalize the game of chance in Canada. To bring an influence to bear, the former owner of a casino and professional gambler (still today) ran for political positions. In addition there was his protest against the power of the banks who rule the economic system with interest and indebtedness. During 20 years he took part in 47 elections and lost them all. There is not only an entry in the Guinness Book of Records for Turmel, which he laughingly reported, but there were many insights into economic system. According to him interest and mortgage result is getting the rich richer and the poor poorer. "I refuse to pay taxes for debts of interest!" the Canadian vibrantly emphasized with examples from the bible and history that such interest (usury) should be condemned. The only possible (interest-free) alternative: "LETS" local exchange and trading systems, how Tauschrings are called in the Anglo-American area. These initiatives have spread on a local level with great success worldwide, whether as organized neighbourly help or as a greater joining together where the community is involved and where even special "exchange money" circulates. The english town Bradford was even granted EU-Funds for such a project. Turmel recommended that as an example and presented an application form right away. In the United States, exchange and trading systems are taken much more seriously. Many social problems could be defused, unemployment could be included and many more things. Now should be the time to link the whole internationally, also for the benefit of the third world. An electronic way of payment and use of the internet will soon be proved. Promising aspects according to Turmel's thinking. He enthusiastically wished the people of Muenster an enjoyable development of their initiative. Turmel's Internet site is http://www.cyberclass.net/turmel Contacts to LoWi e.V.: monday 16-18 Uhr wednesday 17-19 Uhr, Umweltzentrum, Scharnhorststr. 57, Muenster Tel.0049-0000-53271, meeting every first friday of the month at 12 Uhr in the "Blechtrommel"
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