The Terra TRC - Trade Reference Currency
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The Trade Reference Currency (TRC) TM is a new currency privately issued by the TRC Alliance, with a built-in circulation incentive that could play a significant role in getting the world out of recession. Its unit of account is the Terra. It would systematically stabilize the effects on the business cycle and re-align financial interests with long-term sustainability.
Without the Terra
The experience for Business in particular is:
* More expensive and riskier international activities
* Deeper and longer recessions worldwide
* Non-standardized and expensive counter-trade deals
* Irresolvable conflict between the short-term financial demands of their shareholders and long-term sustainability
* Massive losses of jobs
http://www.terratrc.org/index.html