Fantasy

Netherlands 1-raam banknote confirmed

Visitor Dr. Manjunath P. Iyer from India sent me the following report of a new “banknote” that I had not heard of before:

DETAILS OF THE BANKNOTE...
Country NEDERLAND
Value 1 RAAM
Main Colour Yellow & Green
Obverse Lord RAM
Reverse The Holy Cow Kamadhenu,Kalpavriksha(Wish fulfilling Tree),Mararishi University building,Flag with Sun.
Date of issue Vijaya Dashami(Victory Day), October 26, 2001
Governor Benjamin Feldman

The Raam, or the World Peace Bond as it is also known, was launched on October 26, 2001 by Maharishi Global Financing, one of the financial arms of the Maharishi Mahesh Yogi of Transcendental Meditation (TM) to become "the global development currency of the global country of world peace."
The Raam is considered a key element in the programs of the Maharishi Mahesh Yogi "to promote a balanced world economy, reduce poverty, and create world peace," according to Dr. Benjamin Feldman, Minister of Finance of the Global Country of World Peace. 200 Million Euros worth of the notes were printed, by the same company that prints the Euro in Holland.
The Raam is a bond, issued in denominations of 1, 5 and 10 Raams, with one Raam equal to 10 Euros in Europe, or 10 US Dollars in America. It is convertible in Holland at the Fortis Bank in Roermond, Holland, or in the Maharishi Vedic City in Iowa.
According to Maharishi Global Financing, "agreements have recently been made, for instance, with a farmers' association in South America and with traditional leaders in Africa to start using the RAAM as the Farmers' Currency for agricultural development projects. The RAAM will act as a catalyst in the field of economy, enabling the development projects to start, and transforming itself into hard currency after the export of the crops."
That said, the Raam is promoted as a tool to "reduce poverty in the world", to "create peace" and to network a "global chamber of commerce to increase unity through economic development", and the "cultivation of agricultural lands producing healthy organic food", among other inducements for people to purchase Raam Bonds. Dr. Feldman continues, "There are 1.5 billion people living in extreme poverty and currencies like the US dollar are not available to most of them. The raam can be used to build new houses, roads, schools and health clinics," Mr Feldman said. These results have yet to be seen.

Raam_1_2001.10.00_fRaam_1_2001.10.00_r

Courtesy of Dr. Manjunath P. Iyer.
|