“Bernard Lietaer was a Belgian economist and author who was known for his work in the field of complementary currencies and monetary systems. He was born on February 7, 1942, and passed away on February 4, 2019.
Lietaer held several high-level positions in the financial industry, including serving as the chief currency trader for the Belgian central bank and as a president of the Belgian Electronic Payment System. He also worked for several multinational corporations and was a co-founder of the Global Alliance for Banking on Values.
In addition to his work in the financial industry, Lietaer was a prominent advocate for complementary currencies and alternative monetary systems. He believed that the current monetary system, based on a single national currency, was inherently unstable and contributed to economic inequality and social instability.
Lietaer argued that complementary currencies, which are designed to circulate within a specific community or region, could help to promote economic stability and social cohesion by providing a means of exchange that is not tied to the fluctuations of the global financial system. He was the author of several books on the topic, including “The Future of Money” and “New Money for a New World”.
Lietaer’s ideas and contributions continue to be studied and discussed by economists and policymakers interested in alternative monetary systems and the potential for complementary currencies to promote economic and social well-being.”
Sourced from Chat GPT, assessed by Sean Lee.
Postscript: A man well ahead of his time.