Yonhap Infomax News6d ago
President Lee Jae-myung advocates for supplementary budget support through local currency rather than cash, emphasizing differentiated assistance to vulnerable groups while defending against populism criticism, with dual benefits for small businesses and local economies.
#YonhapInfomax #SupplementaryBudget #LocalCurrency #DirectSupport #FiscalPolicy #EconomicStimulus #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=109608
President Lee Calls for Local Currency-Based Direct Support in Supplementary Budget

President Lee Jae-myung advocates for supplementary budget support through local currency rather than cash, emphasizing differentiated assistance to vulnerable groups while defending against populism criticism, with dual benefits for small businesses and local economies.

Yonhap Infomax
Open RiskMar 3

#localcurrency systems gaining again popularity in Japan after a previous peak two decades ago.

While these projects generally struggle versus overdominant official currencies, they show the mindset required if your objective is to have real impact in economic structure.

Contrast with antisocial "zero trust" #crypto that only enables scams and speculation.

The locality concept need not be literal, e.g., could be paired with #fediverse #decentralization #gnutaler

https://www.asahi.com/sp/ajw/articles/16351163

Popular smartphone-based currency systems boost local spending | The Asahi Shimbun: Breaking News, Japan News and Analysis

On a recent day in mid-December at the Gourmet Nakamura meat shop in Tokyo’s Shibuya Ward, many customers were paying for their purchases with Hachi Pay, a community currency system.

The Asahi Shimbun
Leo GagglJan 25

Join us (Regenerative Currency Federation) for an online discussion of "Purpose" - the film https://bit.ly/purposethefilm on January 29th 2.30pm EST

#ReclaimTheEconomy #PostGrowth #WellbeingEconomy #DoughnutEconomics #CommunityEconomy #RegenerativeEconomy #LocalCurrency

Watch and discuss the film 'Purpose'

In our regular weekly meeting of the Regenerative Currency Federation (RCF) we shall discuss the film 'Purpose' during

LocalScale.org
Headlines AfricaSep 28
Tehran residents react with worry to reimposed UN sanctions on Iran http://newsfeed.facilit8.network/TNL6H4 #Tehran #IranSanctions #UNSanctions #NuclearProgramme #LocalCurrency
Headlines AfricaSep 19
Africa: AfDB Invests $25m in TCX to Expand Local Currency Hedging in Africa: [Leadership] The African Development Bank (AfDB) has approved a $25 million equity investment in The Currency Exchange Fund (TCX) to strengthen access to long-term local currency hedging solutions across emerging and frontier markets, particularly in Africa. http://newsfeed.facilit8.network/TN9KZF #Africa #Investment #LocalCurrency #Hedging #AfDB
Yonhap Infomax NewsJun 13, 2025
President Lee Jae-myung visited Yeoncheon County’s basic income pilot area, pledging continued local currency support as the program boosts sales and population growth.
#YonhapInfomax #BasicIncome #LeeJaeMyung #LocalCurrency #YeoncheonCounty #PopulationGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67505
President Lee Visits Basic Income Pilot Area, Vows 'Local Currency Will Not End'

President Lee Jae-myung visited Yeoncheon County’s basic income pilot area, pledging continued local currency support as the program boosts sales and population growth.

Yonhap Infomax
Yonhap Infomax NewsJun 4, 2025
South Korean President Lee Jae-myung calls for immediate economic recovery measures, prioritizing a supplementary budget of at least 35 trillion won ($25.5 billion) to boost domestic demand, with a focus on local currency programs and consumption coupons.
#YonhapInfomax #LeeJaeMyung #SupplementaryBudget #DomesticDemand #LocalCurrency #ConsumptionCoupons #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66154
Lee Calls for Immediate Economic Recovery Measures—Emphasizes Need for Extra Budget

South Korean President Lee Jae-myung calls for immediate economic recovery measures, prioritizing a supplementary budget of at least 35 trillion won ($25.5 billion) to boost domestic demand, with a focus on local currency programs and consumption coupons.

Yonhap Infomax
Yonhap Infomax NewsJun 4, 2025
Lee Han-joo, a key policy adviser to President Lee Jae-myung, called for local currency funding in South Korea's supplementary budget, highlighting its role in supporting the real economy and signaling major policy shifts under the new administration.
#YonhapInfomax #LeeHanJoo #LocalCurrency #SupplementaryBudget #PolicyChief #SouthKoreaEconomy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66075
Lee Han-joo, Tipped for Policy Chief, Says 'Local Currency Acts as Economic Painkiller—Should Be Included in Supplementary Budget'

Lee Han-joo, a key policy adviser to President Lee Jae-myung, called for local currency funding in South Korea's supplementary budget, highlighting its role in supporting the real economy and signaling major policy shifts under the new administration.

Yonhap Infomax
Yonhap Infomax NewsJun 3, 2025
South Korea’s President-elect Lee Jae-myung is set to push forward debt relief and local currency expansion for small businesses, but banks face mounting concerns as they are expected to shoulder much of the financial burden amid rising delinquency rates and unclear fiscal support.
#YonhapInfomax #LeeJaeMyung #DebtRelief #LocalCurrency #Banks #DelinquencyRates #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65998
[Lee Jae-myung Administration] 'Debt Relief and Local Currency Expansion'—Will Banks Shoulder the Burden?

South Korea’s President-elect Lee Jae-myung is set to push forward debt relief and local currency expansion for small businesses, but banks face mounting concerns as they are expected to shoulder much of the financial burden amid rising delinquency rates and unclear fiscal support.

Yonhap Infomax
Yonhap Infomax NewsMay 30, 2025
Lee Jae-myung, Democratic Party presidential candidate, vows a supplementary budget of at least 35 trillion won to boost domestic demand, highlighting local currency policy as highly effective and potentially Nobel Peace Prize-worthy.
#YonhapInfomax #LeeJaeMyung #SupplementaryBudget #LocalCurrency #DomesticDemand #35TrillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65599
Lee Jae-myung Pledges at Least 35 Trillion Won Extra Budget—Calls Local Currency Policy ‘Worthy of Nobel Peace Prize’

Lee Jae-myung, Democratic Party presidential candidate, vows a supplementary budget of at least 35 trillion won to boost domestic demand, highlighting local currency policy as highly effective and potentially Nobel Peace Prize-worthy.

Yonhap Infomax