John Rogers > Quotes

“Banks do not create money for the public good. They are businesses owned by private shareholders. Their purpose is to make a profit.”
― John Rogers, Local Money: What Difference Does It Make?

“Other generations faced big challenges: the Industrial Revolution with its sweeping social and economic changes; abolishing slavery; defeating fascism; establishing civil rights for all. The generations now alive must solve the 'money problem'. We must reclaim money from the speculators and restore it to its role as a medium for trade that serves us all.”
― John Rogers, Local Money: What Difference Does It Make?

“Everyone is waiting for money. National currency is scarce because its creators keep it scarce. So people are experimenting with new ideas for issuing and organising money.”
― John Rogers, Local Money: What Difference Does It Make?

“Maybe you care deeply about the environment or other global issues, or you feel strongly about your local region or community, but you just don't see how local money can help. I hope that this pamphlet will show you connections between what you care about and 'the money problem'.”
― John Rogers, Local Money: What Difference Does It Make?

“We can always create enough of our own local money to handle all the trades and exchanges we wish to make. While national currency basically drives, and is driven by profit, local money supports people with other values: people who believe in local diversity, mutual help, treating people as assets instead of problems, valuing all types of work, creating strong social networks and protecting the environment. It is these people, their values and commitment that make local money systems work.”
― John Rogers, Local Money: What Difference Does It Make?

“The purpose of this pamphlet is to explain how local currencies work. Alone they cannot solve all the multiple financial, social and environmental crises we face, but they are an increasingly important part of the answer.”
― John Rogers, Local Money: What Difference Does It Make?