“So moving towards a perma-circular economy may require replacing these institutions by more “regeneratively aware” ones – or, alternatively, engineering a mass exodus with people taking their wealth out of mainstream banks, transactions no longer using the dollar or other global currencies, and local currencies being designed outside of the dominant logic, preferably through the generalization of the mutual credit logic inherent in credit clearing systems. Such an exodus would leave the now dominant banking and government institutions to collapse under the weight of the blood they have gorged on. It may mean building money and finance anew with a currency that cannot be bought for dollars. It would probably mean putting our trust, our belief, our worldview into institutions that don’t yet exist.”
blah, blah, blah…