Photo Caption: Bernard Lietaer, Gwendolyn Hallsmith.

Feb 7, 2019.

Bernard Lietaer, friend and guiding light to the public banking and community currency movements, passed away of colon cancer Feb 4. Lietaer’s close friend and colleague Gwendolyn Hallsmith from Vermonters for a New Economy, with whom he co-authored three books, wrote this recent tribute:

“Those of you who remember back to the days when Vermonters for a New Economy was called the Vermont Monetary Policy Advisory Group will remember Bernard Lietaer, arguably one of the fathers of our little organization. He came to Vermont several times, and spoke at more than one of our early meetings.

“He died this morning of colon cancer. A very sad day for me. He was a dear friend, a mentor, and we co-authored three books and workbooks together. One of them, Community Currency, was translated into 13 languages and used all over the world. Another one, Creating Wealth: Growing Local Economies with Local Currencies, was published in 2011 and gave me the impetus to start to think about how what I had learned writing the book could help us in Vermont.”

Hallsmith continues:

“Bernard was an international expert in the design and implementation of currency systems. He studied and worked in the field of money for more than 30 years in an unusually broad range of capacities including as a Central Banker, a fund manager, a university professor, and a consultant to governments in numerous countries, multinational corporations, and community organizations. He co-designed and implemented the convergence mechanism to the single European currency system (the Euro) and served as president of the Electronic Payment System at the National Bank of Belgium (the Belgian Central Bank). He co-founded and managed GaiaCorp, a top performing currency fund whose profits funded investments in environmental projects. A former professor of International Finance at the University of Louvain, he has also taught at Sonoma State University and Naropa University. He was currently a Research Fellow at the Center for Sustainable Resources of the University of California at Berkeley. He was also a member of the Club of Rome, a Fellow of the World Academy of Arts and Sciences, the World Business Academy, and the European Academy of Sciences and Arts.

“Bernard Lietaer wrote numerous books and articles about money systems, including The Future of Money (2001), New Money for a New World (2011), Rethinking Money (2013), Money and Sustainability: The Missing Link (2013), Monnaies Régionales (2008), and The Mystery of Money (2000).

“You can watch him [below] talking about Money and Sustainability.”


[Watch the video]