Private Enterprise Money
1944
Riegel's case for money issued by the people who trade, not by governments: a unit of account that buyers and sellers create between themselves when they exchange goods and services.
Edward C. Riegel (1879–1953) argued that money is a record of value given and owed, and that traders can issue it themselves through a clearing system, without a government or a bank.
The PDF is hosted by the Community Exchange System, and the link opens their copy.