What is Parallel Currency?

Parallel Currency refers to an alternative monetary system that operates alongside, but independently of, the official national currency. It exists to fulfill specific purposes, often addressing economic challenges or goals that the primary currency may not adequately meet. Parallel currency can take various forms, including digital tokens, local community currencies, or commodity-based units of exchange. They aim to promote economic diversity, empower communities, stimulate specific economic sectors, or address issues such as inflation or economic instability. Parallel currency can coexist with official currencies, allowing for innovative solutions to economic problems and greater flexibility in meeting localized or specialized needs.

Our Economic System Doesn’t Work for Most People

Could There Be a Missing Measurement?

A Human Renewable Energy Measurement (HREM) is what we think is missing from our World economies. We have no way of measuring our work energies(physical or mental). We cannot represent our value accurately in the economy. As a result there is no way to guarantee our quality of life. We believe all people should have food, shelter, education and healthcare throughout their lives.

Learn More About Renew the Earth

Renew the Earth is a New York-based 501c3 organized exclusively for educational and scientific purposes. Specifically, we wish to introduce Energy Currency, a parallel currency that runs alongside existing currencies and provides all basic Human needs Worldwide.

The Importance of Parallel Currency

The importance of Parallel Currency lies in its potential to offer economic flexibility and address specific challenges within a monetary system. By providing an alternative means of exchange, it can stimulate economic growth in particular sectors, empower local communities, and mitigate issues like inflation or currency devaluation. Parallel currency can promote economic diversity, enhance resilience, and enable innovative solutions to economic problems, ultimately contributing to a more adaptable and inclusive financial landscape. They offer a tool for governments, organizations, and communities to address unique economic needs, fostering a more balanced and responsive approach to economic management in an ever-changing global economy.