On 12/9/04, Peter Burgess wrote: > I would be very interested to get some help in "modernising" my ideas > about community economic modelling...and look forward to seeing what is > now being done!
Try looking at a community currency as a measuring tool for local assets and skills. If you can establish a local currency that has purchasing power for service in the locality, that does not leak out down the road to outside interests, and that is interest-free, you have the beginnings of economic democracy. Step one - where are the leaks in the local economy bucket? How much money flows in and straight out again? Step two - what assets of people, skills, time exist in the defined locality? Step three - create a currency to underwrite these existing assets and release new potential. Step four - persuade funders to 'back' the local currency with national currency if that is required to create confidence. Historical examples: Worgl, Austria, 1932, Schwanenkirchen, Germany, 1932, US - hundreds of systems, 1933 - all closed down by central banks and governments invoking the 'bugbear' of inflation. Source; Bernard Lietaer, The Future of Money - a must read for 21st century citizens of all nations. John Rogers Cydlynydd Prosiect Project Coordinator Sefydliad Arian Cymunedol Cymru Wales Institute for Community Currencies Canolfan Dyfeisgarwch Innovation Centre Parc Busnes Victoria Victoria Business Park Festival Drive Festival Drive Glyn Ebwy Ebbw Vale NP23 8XA NP23 8XA Tel: 01495 356722 Fax: 01495 356723 Email: [EMAIL PROTECTED] Y Prosiect Partneriaid gan Prifsygol Cymru Casnewydd, Plant Y Cymoedd ac Time Banks UK, rhan-ariennir gan yr Cronfa Ddatblygu Ranbarthol Ewropeiaidd A partnership between University of Wales Newport, Valleys Kids and Time Banks UK part financed with European Regional Development Funds. ------------ ***GKD is solely supported by EDC, a Non-Profit Organization*** To post a message, send it to: <[EMAIL PROTECTED]> To subscribe or unsubscribe, send a message to: <[EMAIL PROTECTED]>. In the 1st line of the message type: subscribe gkd OR type: unsubscribe gkd Archives of previous GKD messages can be found at: <http://www.edc.org/GLG/gkd/>
