<font face="arial, helvetica, sans-serif">Yes, sounds like a nice set of initiates to me.</font><div><font face="arial, helvetica, sans-serif"><br></font></div><div><font face="arial, helvetica, sans-serif">Yet, Small note regarding the barter currency they propose, "co</font><span style="font-family:Verdana">vered/guaranteed by the jointly-owned assets."</span><div>
<font face="arial, helvetica, sans-serif"><br></font></div><div><font face="arial, helvetica, sans-serif">I remember discussing such approach in the past.</font></div><div>
<font face="arial, helvetica, sans-serif"><br></font></div><div><font face="arial, helvetica, sans-serif">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 ?</font></div>
<div><font face="arial, helvetica, sans-serif"><br></font></div><div><font face="arial, helvetica, sans-serif">May be worth asking... I cc Tim Reeves.</font></div><div><font face="arial, helvetica, sans-serif"><br></font></div>
<div><font face="arial, helvetica, sans-serif">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 ?</font></div>
<div><div><font face="arial, helvetica, sans-serif"><br></font></div><div><font face="arial, helvetica, sans-serif">As far as I remember, although I have no references to provide ( would need to ask Bernard Lietaer ),</font></div>
<div><font face="arial, helvetica, sans-serif">in Belgium at least, I heard that unless one has a special status such as a bank,</font></div><div><font face="arial, helvetica, sans-serif">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"�</font><a href="http://en.wikipedia.org/wiki/Chiemgauer" target="_blank">http://en.wikipedia.org/wiki/Chiemgauer</a></div>
<div><a href="http://en.wikipedia.org/wiki/Chiemgauer" target="_blank"></a><span style="font-family:arial, helvetica, sans-serif">and/or the JAK bank in Sweden�</span><a href="http://en.wikipedia.org/wiki/JAK_members_bank" target="_blank">http://en.wikipedia.org/wiki/JAK_members_bank</a></div>
<div><font face="arial, helvetica, sans-serif"><br></font></div>
<div><font face="arial, helvetica, sans-serif">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 ) ?</font></div>
<div><font face="arial, helvetica, sans-serif"><br></font></div><div><font face="arial, helvetica, sans-serif"><a href="http://en.wikipedia.org/wiki/WIR_Bank" target="_blank">http://en.wikipedia.org/wiki/WIR_Bank</a></font></div>
<div><a href="http://wn.com/WIR_Bank" target="_blank">http://wn.com/WIR_Bank</a></div><div><font face="Verdana"><br></font></div><div><font face="Verdana"><br>
</font><br><div class="gmail_quote">On Mon, Apr 18, 2011 at 9:14 PM, Michel Bauwens <span dir="ltr"><<a href="mailto:michelsub2004@gmail.com" target="_blank">michelsub2004@gmail.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
HI Franz,<br><br>any perspectives on this?<br><br>Michel<br><br><div class="gmail_quote"><div><div></div><div>On Tue, Apr 19, 2011 at 1:59 AM, Dante-Gabryell Monson <span dir="ltr"><<a href="mailto:dante.monson@gmail.com" target="_blank">dante.monson@gmail.com</a>></span> wrote:<br>
</div></div><blockquote class="gmail_quote" style="margin:0pt 0pt 0pt 0.8ex;border-left:1px solid rgb(204, 204, 204);padding-left:1ex"><div><div></div><div><div class="gmail_quote"><span style="font-family:Verdana"><a href="http://regional-economic-communities.info/" target="_blank">http://regional-economic-communities.info/</a></span></div>
<div class="gmail_quote">
<br></div><div class="gmail_quote">( found�via open space list )</div><div class="gmail_quote"><br><div class="gmail_quote">---------- Forwarded message ----------<br>
From: <b class="gmail_sendername">Tim Reeves</b> <span dir="ltr"><<a href="mailto:tim.reeves@rewig.info" target="_blank">tim.reeves@rewig.info</a>></span><br>
Date: Sun, Apr 17, 2011 at 6:19 AM<br>Subject: Regional Economic Communities<br>To: Tim Reeves <<a href="mailto:tim.reeves@rewig.info" target="_blank">tim.reeves@rewig.info</a>><br><br><br>
<div bgcolor="#ffffff" text="#003333">
Dear friends and acquaintances,<br>
<br>
I just put together a <u>one-time</u> 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. <font size="-1"><font face="Verdana"><br>
<br>
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.<br>
<br>
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.<br>
<br>
The external forms have been carefully designed to be <i>practicable</i>.<br>
<br>
You can read all about it here: <a href="http://regional-economic-communities.info/" target="_blank">http://regional-economic-communities.info/</a><br>
<br>
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:<br>
</font></font>
<ul>
<li>Forward this email to anyone you know who might be interested
- people active in regional currencies, ecological measures,
transition town, and such.</li>
<li>Anyone who has the possibility, please set a link to the
concept website on your website, so that other interested people
may find it.</li>
<li>Talk to friends about it, subscribe for the newsletter (do so
on the website) <font size="-1"><font face="Verdana">� and</font></font>
don't hesitate to contact me with questions.<br>
</li>
<li>Envision a better future for all, and practice wellwishing for
all the many endeavours to achieve that aim which are now being
explored.<br>
</li>
</ul>
<font size="-1"><font face="Verdana">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</font></font><font size="-1"><font face="Verdana"> growth</font></font><font size="-1"><font face="Verdana"> 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.<br>
</font></font><br>
<div>
<span style="font-size:10pt;color:rgb(185, 116, 74);font-family:Segoe UI,Frutiger Next,DejaVu Sans,Bitstream Vera Sans,Lucida Grande,Lucida Mac,Verdana,Tahoma,Arial,Helvetica,Geneva,Swiss,SunSans-Regular,sans-serif"><b>With
thanks and warm regards,</b><br>
<br>
<b style="font-size:12pt;letter-spacing:1px">Tim Reeves</b><br>
<br>
</span>
<span style="font-size:9pt;color:rgb(152, 80, 35);font-family:Segoe UI,Frutiger Next,DejaVu Sans,Bitstream Vera Sans,Lucida Grande,Lucida Mac,Verdana,Tahoma,Arial,Helvetica,Geneva,Swiss,SunSans-Regular,sans-serif">Flurstra�e
10, D-85221 Dachau<br>
<br>
Tel. 08131 - 273 653�� Fax 08131 - 273 654<br>
<span style="font-size:6px"><br>
</span>
Email: <a href="mailto:tim.reeves@rewig.info" target="_blank">tim.reeves@rewig.info</a><br>
<span style="font-size:6px"><br>
</span>
Skype: timothy.reeves (mit Webcam)<br>
<br>
<img alt="ReeComm-Logo" height="92" width="200"><br>
<br>
<a href="http://regionale-wirtschaftsgemeinschaft.info/" target="_blank">regionale-wirtschaftsgemeinschaft.info</a>���
<a href="http://regional-economic-communities.info/" target="_blank">regional-economic-communities.info</a>���
<a href="http://rewig-muenchen.de/" target="_blank">rewig-muenchen.de</a><br>
</span><br>
</div>
</div>
</div><br>
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<br></blockquote></div><font color="#888888"><br><br clear="all"><br>-- <br>P2P Foundation: <a href="http://p2pfoundation.net" target="_blank">http://p2pfoundation.net</a>� - <a href="http://blog.p2pfoundation.net" target="_blank">http://blog.p2pfoundation.net</a> <br>
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