Re: [permaculture-61] Re: I went to Occupy wall st OWS andpermaculture has a place there

From: Vladimir D.
Sent on: Thursday, October 6, 2011 9:08 PM
Produce based currency works in a community based around agriculture. A basic example goes like this: grain or starchy root crop is used as a backing for currency because it has a long storage life. A farmer turns in his grain or potatoes to the storage facility. Storage facility gives him currency for the amount of grain he puts in. He then goes to all the tradesmen he needs to improve his farming, be it getting new tools, put new shoes on his horses, pay his internet bill, contract some carpenters to build a barn, etc. He pays everyone with the money he got from turning his grain or roots into storage. Those pople can either use the currency to get what they need, like internet, horseshoes, barns, etc, or go to the storage and get some wheat or potatoes.

Because foodstuffs backing the currency don't last forever, the longer the money stays in circulation and not redeemed for grain or roots the lower the value of the currency, eventually going to zero as the remains of the current crop spoils and new crop comes in, with new currency given out to the farmers. This prevents hoarding and promotes improvements to infrastructure, quality of life, etc, you will lose the money in a year, so why not spend it on new plumbing, new walls, "extravagant" stuff. If I remember correctly, a lot of churches in europe that stand today were built with this type of currency, because they were running out of stuff to do with the money, they had everything they needed.

I forget which book I read this in. If I find it I'll let you know.

Hope this explains this a bit.

-Vladimir

Vladimir Danilov


From: Rob Meyer <[address removed]>
Sender: [address removed]
Date: Thu, 6 Oct[masked]:50:02 -0400
To: <[address removed]>
ReplyTo: [address removed]
Subject: Re: [permaculture-61] Re: I went to Occupy wall st OWS and permaculture has a place there

Here here!  I am a full proponent of local currencies, and glad to hear others are considering them as an alternative to (and as you said, safety net for the collapse of) this broken and foolish nationally privatized fiat system we have.  I've actually never heard of a produce based currency, that's quite interesting.  How would that work exactly?  How do you decide which produce to base the currency on, and how do you decide the value of the produce itself?  

I will unfortunately not be staying in the NYC area for much longer, so will be unable to participate in any efforts you may undertake to bring this system to fruition, but would be very interested in knowing more about the idea and would encourage you to reach out to the protesters at the square.  I have heard people speaking of "building alternative institutions" as a solutions oriented approach to this crisis, so I feel something like this would be well received.  Plant the seed while the ground is fertile!

- Rob

Sent from my iPhone

On Oct 6, 2011, at 8:30 PM, Ifa Sango <[address removed]> wrote:

My Sincere Apologies,  Please in my neighborhood means "Please that's a pathetic idea."  Irrespective of minor cultural differences. I'm not only in full support of your efforts, but, working on similar efforts myself and relaying information about these efforts with the hopes that more will engage.   Again, my apologies.  Keep up the Good work.   Yes!  I am combative, I don't deny that.  So is the Tea Party and All who think like them, one should not enter a fight and not be prepared to battle.

Keep up the good work
Ifa

----- Original Message -----
From: Jared Rodriguez <[address removed]>
To: [address removed]
Sent: Thu, 6 Oct[masked]:14:40 -0700 (PDT)
Subject: Re: [permaculture-61] Re: I went to Occupy wall st OWS and permaculture has a place there

Before you attack someone publicly: I am CALLING FOR LOCAL CURRENCY BACKED BY PRODUCE. Why would I be on this email chain? I want it to happen, and in fact, I'm working to make it happen in the Hudson Valley. I used the term "please" in the most traditional sense of the word = asking for something to happen. You may possibly be a very combative person.

Jared Rodriguez

On Oct 6,[masked]:06 PM, "Ifa Sango" <[address removed]> wrote:

Obviously you still have a reactionary view about economics, in times that demand that one thinks and ACTS outside of the box.
Please? ... what's even more pathetic is taking what could be a revolution that could transform economics as we know it for the better and turning it into one big MTV party. .... Please!



----- Original Message -----
From: Jared Rodriguez
To: [address removed]

Sent: Thu, 6 Oct[masked]:13:48 -0700 (PDT)

Subject: Re: [permaculture-61] Re: I went to Occupy wall ...

Local money based on produce, please.
>
> On Oct 6,[masked]:00 PM, "Ifa Sango" <[address removed]> wro...





http://occupywallst.org/
http://nycga.cc/calendar/
(pic of greywater system at Liberty Park, att...





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