Yet, Small
note regarding the barter currency they propose, "covered/guaranteed by the
jointly-owned assets."
I remember
discussing such approach in the past.
In my
current understanding , such asset ( such as shares ?
) guaranteed currency is perhaps an approach taken to
create an incentive to invest in the local economy ?
May be
worth asking... I cc Tim Reeves.
Yet I feel
that such approach to currency can be risky as it can
lead to the monopolization of assets into the hands of
a minority, hence having the whole regional economy
owned by a small minority on the medium to long term ?
As far as
I remember, although I have no references to provide
( would need to ask Bernard Lietaer ),
in
Belgium at least, I heard that unless one has a
special status such as a bank,
one can
not operate a currency with euro equivalence
exchangeable for euros, unless there is 100 percent
euro backing in reserves, such as is the case with
the german regio/freigeld currency called
"chiemgauer" http://en.wikipedia.org/wiki/Chiemgauer
If their
barter currency is solely for their internal local
economy, with no possibility for exchanging for
euros ( purchasing outside of their local economy ),
I do not understand why they would not have it in a
fiat mutual credit form, such as WIR, with
participants choosing the percentage of their
monetary transaction they wish to be done in mutual
credit ( such as WIR ) ?
On Mon, Apr 18, 2011 at 9:14
PM, Michel Bauwens
<michelsub2004@gmail.com>
wrote:
HI Franz,
any perspectives on this?
Michel
( found via
open space list )
----------
Forwarded message ----------
From:
Tim
Reeves <tim.reeves@rewig.info>
Date: Sun, Apr 17, 2011 at 6:19 AM
Subject: Regional Economic
Communities
To: Tim Reeves <
tim.reeves@rewig.info>
Dear friends and
acquaintances,
I just put together a
one-time
mailing list of the english
speakers I know (and some german
speakers with international
connections). I'm writing to let
you know about the concept of
Regional Economic Communities,
hoping that you may be able to
help getting it known.
The concept presents a
complete – and radically new
– paradigm for regional
communities, linking
together commercial,
sustainable and social
aspects. It describes a
means for normal citizens to
become joint owners of
local, sustainably-run
businesses. It then
introduces a barter
currency, the Grok, which is
independent of national
currency and covered by the
jointly-owned assets.
While thus apparently being
a primarily economic
paradigm, it's essence and
motivation come from a
spiritual perspective and in
practice great value is put
on the way we interact with
each other, and to
integrating personal growth
and the furthering of
interpersonal skills into
the daily working life.
The external forms have been
carefully designed to be practicable.
You can read all about it
here: http://regional-economic-communities.info/
The first such community is
currently starting up in
Munich - the cooperative is
founded and registered, and
moving ahead swiftly towards
getting the actual business
side up and running. If you
would like to help the
concept take root in the
english-speaking world, here
are some things that would
help:
- Forward this email to
anyone you know who might be
interested - people active
in regional currencies,
ecological measures,
transition town, and such.
- Anyone who has the
possibility, please set a
link to the concept website
on your website, so that
other interested people may
find it.
- Talk to friends about it,
subscribe for the newsletter
(do so on the website) – and
don't hesitate to contact me
with questions.
- Envision a better future
for all, and practice
wellwishing for all the many
endeavours to achieve that
aim which are now being
explored.
The quality
of the time in which we live
demonstrates an exceptional
development of
consciousness. It grows with
every individual who is
willing to tread the paths
of personal
growth
and systemic evolution. May
it bestow us all with more
cooperative and appreciative
lives — paving the way to a
future which we can truly
look forward to.
_______________________________________________
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