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<font size="-1"><font face="Verdana">Hi all,<br>
<br>
and many thanks to Matthew. Please see below.<br>
<br>
</font></font>
<div class="moz-signature">
<span style="font-size: 10pt; color: rgb(185, 116, 74);
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Sans,Lucida Grande,Lucida
Mac,Verdana,Tahoma,Arial,Helvetica,Geneva,Swiss,SunSans-Regular,sans-serif;"><b>Mit
herzlichen Gr��en,</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">tim.reeves@rewig.info</a><br>
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Skype: timothy.reeves (mit Webcam)<br>
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Am 18.04.2011 22:57, schrieb Matthew Slater:
<blockquote
cite="mid:BANLkTinmz4Ri7uXGM1B9ufEcxHdgwC2EXA@mail.gmail.com"
type="cite">
<div>Hi Michel, Franz, & Georg,</div>
<div>Greetings Andreas Laurent & Tim,</div>
<div><br>
</div>
Usually a barter currency is mutual credit, which means it isn't
backed by assets.
<div>A currency which is backed by assets is a commodity currency.
You can only issue as much money as you have have assets.</div>
<div>Or some arbitrary multiple thereof!</div>
<div>So I would question the use of the expression 'barter
currency' here.</div>
</blockquote>
Yes, it sounds to me that you are right on that - as I said in my
last reply, my wife and I have been working on this, in German, so
my fluency with the right english terms is certainly lacking. I had
assumed that "barter" referred to the haggling part (-:� In the case
of the GROK "we" do not issue currency anyway, there is no central
authority. Rather, the citizens themselves "create" the units of
currency as and only when required by going overdrawn, up to their
asset-backed credit limit. The credit limit is by design only about
80% of the deposited value, leaving enough backing to pay the
circulation safeguard fee for a number of years. The system has
misuse "designed out" as much as possible.<br>
<br>
If people are interested in this topic I suggest signing up for the
Newsletter, to allow me to condense things down and avoid too many
interruptions.<br>
<blockquote
cite="mid:BANLkTinmz4Ri7uXGM1B9ufEcxHdgwC2EXA@mail.gmail.com"
type="cite">
<div><br>
</div>
<div>Matthew</div>
<div><a moz-do-not-send="true" href="http://communityforge.net">communityforge.net</a><br>
<br>
<div class="gmail_quote">On 18 April 2011 22:37, Dante-Gabryell
Monson <span dir="ltr"><<a moz-do-not-send="true"
href="mailto:dante.monson@gmail.com">dante.monson@gmail.com</a>></span>
wrote:<br>
<blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt
0.8ex; border-left: 1px solid rgb(204, 204, 204);
padding-left: 1ex;">
<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 moz-do-not-send="true"
href="http://en.wikipedia.org/wiki/Chiemgauer"
target="_blank">http://en.wikipedia.org/wiki/Chiemgauer</a></div>
<div><span style="font-family:
arial,helvetica,sans-serif;">and/or the JAK bank in
Sweden�</span><a moz-do-not-send="true"
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
moz-do-not-send="true"
href="http://en.wikipedia.org/wiki/WIR_Bank"
target="_blank">http://en.wikipedia.org/wiki/WIR_Bank</a></font></div>
<div><a moz-do-not-send="true"
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
moz-do-not-send="true"
href="mailto:michelsub2004@gmail.com"
target="_blank">michelsub2004@gmail.com</a>></span>
wrote:<br>
<blockquote class="gmail_quote" style="margin: 0pt
0pt 0pt 0.8ex; border-left: 1px solid rgb(204,
204, 204); padding-left: 1ex;">
HI Franz,<br>
<br>
any perspectives on this?<br>
<br>
Michel<br>
<br>
<div class="gmail_quote">
<div>
<div class="h5">
<div>
<div>On Tue, Apr 19, 2011 at 1:59 AM,
Dante-Gabryell Monson <span dir="ltr"><<a
moz-do-not-send="true"
href="mailto:dante.monson@gmail.com"
target="_blank">dante.monson@gmail.com</a>></span>
wrote:<br>
</div>
</div>
</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 class="h5">
<div>
<div>
<div class="gmail_quote">
<span style="font-family: Verdana;"><a
moz-do-not-send="true"
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
moz-do-not-send="true"
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
moz-do-not-send="true"
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
moz-do-not-send="true"
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
moz-do-not-send="true"
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>
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target="_blank">regional-economic-communities.info</a>���
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href="http://rewig-muenchen.de/"
target="_blank">rewig-muenchen.de</a><br>
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