Deirdre Kent, Global Finance - Local Response

Interviewed by Tim LynchNovember 9, 2011
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New Zealander Deirdre Kent confronts us with an unpalatable truth. The world's money system is designed so that the money supply and hence the size of the global economy must keep on increasing exponentially or it will collapse.

Greece, Ireland, Portugal, Italy, Spain, France the list goes on ...


As the global economy becomes more unbalanced, the need for NZ to become very knowing on how to set up your own localised monetary system so as to keep some semblance of order and cohessivness.

Deirdre Kent is also the author of the book:

Healthy Money, Healthy Planet
Developing Sustainability through New Money Systems

This means putting your money and energy into supportive systems too.

Note no Credit Unions went under during the 2008 global economic crisis.

IMAGINE, enabling yourself to earn more money to supplement your income.

Everyone loves time banks and it does not matter what your political views are ... you get paid for your time and you become enriched.

If you are a volunteer who does work, like clean up rivers, mind children, plant trees, pick up rubbish, bottles etc. your time is acknowledged. If you belong to a time bank and so does the organisation that you voluntarily work for ... you get paid for your time!

Directory of NZ Time Banks:

Green Dollar Systems Operate in Wairarapa, Wanganui and Golden Bay


Support local NZ owned and controlled money institutions like TSB Taranaki Savings Bank, Southland Savings Bank, Prometheus and the PSIS, which used to be called the Public Service Investment Society, these are people power banks, you can attend their annual general meetings and if a member, play a part in how they are run.

Kiwi Bank is good too, however it is controlled by the NZ Government, and depositors have no say as to how this bank is run.

The Finance Minister of the 4th Labour Government in 1984 changed the Reserve Bank Act giving too much leeway for bankers and now NZ needs to rein in certain aspects to mandate the separation of insurance companies, investment banks and commercial banks as they are become far too entwined. Also there is a need to monitor the corporate sector far more closely.

However the Reserve Bank Act could be also changed so that local councils and particularly Christchurch Council print their own localised currency and not use up our hard earned national currency - it's possible and it has to be instigated from the grass roots up, as the overseas bankers would tell the NZ Government to stop it! (because they would be missing out.)

We as a western civilisation are at the top of the bell curve, and it is vital that every human understands what this means, it's like we are at the top of the mountain in our global expansion and exploitation, ecological abuse, monetary debt societal dysfunction ... as there is nowhere to go, it's all downhill from then on ....

Unless we reorganise and shift our consciousness to another level of being. NZ is small and agile enough to make the change!

Check out and bookmark:  Living Economies:

Credit Unions NZ:

The Irish originated book, Fleeing Vesuvius is sold by Living Economies, explaining what could happen as demand for oil finally outstrips the supply and how an economy can no longer grow after peak oil.

Rob Hopkins, founder of the Transition Network, states that we need to move now from peak oil and climate change to the strengthening the local economy.

Listen to a very interesting and thoughtful interview that explains the current situation and then commences to show us that NZers at a grass roots level can create localised systems of governance of money as we transition to the ecology of commerce.

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Tim Lynch

Tim Lynch, is a New Zealander, who is fortunate in that he has whakapapa, or a bloodline that connects him to the Aotearoan Maori. He has been involved as an activist for over 40 years - within the ecological, educational, holistic, metaphysical, spiritual & nuclear free movements. He sees the urgency of the full spectrum challenges that are coming to meet us, and is putting his whole life into being an advocate for todays and tomorrows children. 'To Mobilise Consciousness.'

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