[P2P-F] Fwd: Regional Economic Communities

Mon Apr 18 22:57:07 CEST 2011

Hi Michel, Franz, & Georg,
Greetings Andreas Laurent & Tim,

Usually a barter currency is mutual credit, which means it isn't backed by
assets.
A currency which is backed by assets is a commodity currency. You can only
issue as much money as you have have assets.
Or some arbitrary multiple thereof!
So I would question the use of the expression 'barter currency' here.

Matthew
communityforge.net

On 18 April 2011 22:37, Dante-Gabryell Monson <dante.monson at gmail.com>wrote:

> Yes, sounds like a nice set of initiates to me.
>
> 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
>  <http://en.wikipedia.org/wiki/Chiemgauer>and/or the JAK bank in Sweden
> http://en.wikipedia.org/wiki/JAK_members_bank
>
> 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 ) ?
>
> http://en.wikipedia.org/wiki/WIR_Bank
> http://wn.com/WIR_Bank
>
>
>
> On Mon, Apr 18, 2011 at 9:14 PM, Michel Bauwens <michelsub2004 at gmail.com>wrote:
>
>> HI Franz,
>>
>> any perspectives on this?
>>
>> Michel
>>
>> On Tue, Apr 19, 2011 at 1:59 AM, Dante-Gabryell Monson <
>> dante.monson at gmail.com> wrote:
>>
>>> http://regional-economic-communities.info/
>>>
>>> ( found via open space list )
>>>
>>> ---------- Forwarded message ----------
>>> From: Tim Reeves <tim.reeves at rewig.info>
>>> Date: Sun, Apr 17, 2011 at 6:19 AM
>>> Subject: Regional Economic Communities
>>> To: Tim Reeves <tim.reeves at 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.
>>>
>>>  *With thanks and warm regards,*
>>>
>>> *Tim Reeves*
>>>
>>>  Flurstraße 10, D-85221 Dachau
>>>
>>> Tel. 08131 - 273 653   Fax 08131 - 273 654
>>>
>>>  Email: tim.reeves at rewig.info
>>>
>>>  Skype: timothy.reeves (mit Webcam)
>>>
>>> [image: ReeComm-Logo]
>>>
>>> regionale-wirtschaftsgemeinschaft.info
>>> regional-economic-communities.info    rewig-muenchen.de
>>>
>>>
>>>
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>>
>>
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>>
>>
>
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