Thursday 12 June 2014

[www.keralites.net] The Global Country of World Peace, set up by the Indian mystic, issued the brightly coloured notes of one, five and 10 "raam" last October.

 

A new "currency" issued by a group founded by Beatles guru Maharishi Mahesh Yogi may be used and has not violated Dutch law, the Dutch central bank has said.
The Global Country of World Peace, set up by the Indian mystic, issued the brightly coloured notes of one, five and 10 "raam" last October.

 
Since then, more than 100 Dutch shops, some of them part of big department store chains, in 30 villages and cities have accepted the notes.
A one raam bank note
 
  The raam is a key element... to promote a balanced world economy, reduce poverty and create world peace

 

 
Benjamin Feldman, 'Minister of Finance' of the Maharishi movement
A spokesman for the Dutch Central Bank told BBC News Online the bank was keeping a close eye on the raam, although he added that the Maharishi movement had done everything according to the law.
"The raam can be used as long as the notes are not used as legal tender and it stays within a closed-off circuit of users," he said.

 
Raam roll-out

 
The raam is also circulating as the currency of Maharishi Vedic City in the US state of Iowa together with the US dollar, while raam-based bonds are being offered in 35 American states.

 
Benjamin Feldman, 'Minister of Finance' of the Maharishi movement, told BBC News Online the raam could be used to battle poverty and create world peace.

 
  We have a lot of clients in the movement - but so far, only one person has actually paid with [raams]

 

 
Dutch shopkeeper
He said governments could use the raam to start up agricultural and other development projects around the world.

 
Full article in the link below 
www.keralites.net

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Posted by: Ravi Narasimhan <ravi.narasimhan.in@gmail.com>
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