HOUR
Paul Glover
create economic democracy with the help of the local currency
WIthaca, New York have achieved control over social and environmental effects of trade since 1991, emitting more than 44 000 U.S. dollars in our local currency for over 900 participants. Thousands of transactions, and many new friendships here are the result of the operation of our money. Hundreds of thousands of dollars in local commerce was added to the National Income Ordinary People (Grassroots National Product.)
We printed our own money because we have seen how the federal U.S. dollars coming to our town, pass through several hands and then leave town to be issued for the purchase of timber from tropical forests and the orchestrating of wars. HOURS ("The Hours" - the name described the currency of Ithaki - editor. Crowd.) Contrary - are in our region and we use to pay each other. While U.S. dollars make us increasingly from multinational corporations and bankers, HOURS reinforce local trade and cause that he expects more of our concern for ecology and social justice. Here's how it works: HOUR is the equivalent of $ 10, because ten U.S. dollars per hour is the average wage in Tompkins County. banknotes HOUR of four denominations, you can pay for services, hydraulic, carpentry, electrical, nursing care, child care, car and bicycle repair, food, eyeglasses, firewood, souvenirs and thousands of other goods and services. Our credit union accepts them with pledges and loans. People "for hours" pay the rent. The best restaurants in town take them as and kinoteatry, bowling alleys, two large grocery stores (local owners), and thirty farmers market vendors. The minimum hourly rate increases lowest in Ithaca without lowering wages the highest. For example, many farmers in Ithaki, who have limited cultivation, the highest rate of pay for work on the farm: $ 10 per hour. Farmers are gaining your loyalty currencies, "hourly" in relation to local agriculture. On the other hand, dentists, massage therapy and the leading lawyers appreciate their services higher than the average $ 10 per hour, are thus allowed to retrieve some "Hours" per hour. We hear more and more of professional services for our regular hourly rate.
Anyone who joins the scheme are paid HOUR HOURS four (or 40 dollars) for joining the list in our bulletin, "Ithaca Money." Every eight months, they may raise the demand for the next two HOURS in a kind of reward for continuing membership. In this way, gradually and gently enlarge the money supply per capita Participant .
1200 items to the bulletin board, "Ithaca Money" This is a portrait of the capabilities of our community, they bring to market time and skills that have not found employment in the conventional market. Residents are proud of the income they reach for the work they love. We treat themselves as companions of Ithaki and not as winners and losers in the race for dollars. 150 participants success stories published so far testify to the acts of generosity and community that our system triggers create a community of earning a living. (...)
Once we discovered new ways to supply each other, have replaced their dependence on imports. It is our greater self-sufficiency (self-reliance), rather than isolation Ithaki, gives us the opportunity to go outside of the organic export industry. We can supply the venture capital business via loans in our own money. We
HOURS as real money, as they face real people, real time, real skills and tools. In contrast to the U.S. dollar, which is funny money, behind which is not even gold or silver and actually is already less than nothing - that is, 4.3 trillion national debt. Images on the banknotes of Ithaki represent local values, which we respect, such as local plants, rushing waterfalls, crafts, farm and our children. On the dollar and bear the holders of slaves (Washington, Jefferson, Hamilton, Jackson) and corporate monuments governments. Multicolored
HOURS, some printed on paper, taken from the local swamp reed (marsh reed) with watermarks, all serial numbers are harder to counterfeit than U.S. dollars. The local currency is fun and it is legal. HOURS must be used within the borders of the state (they can not compete with dollars as the currency of the interstate) and the principal amount must be at least jednodolarowy (can not be a "fractional currency".) Income earned in the HOURS are taxed when the result from the exchange for professional goods and services.
Local currency is also a lot of work and responsibility. To help other local communities have developed a Hometown Money Starter Kit. (...) This is a guide on how to create and maintain a system of local currency. We sent this guide so far to over 150 communities in 41 states and in our example becomes nationwide.
author Paul Glover, who created the HOUR system is an economist and environmental designer urban space, is the author of "Los Angeles: A History of the Future", has a degree in City Management (City Management). He worked in advertising and journalism. An avid cyclist.
Translation: Janusz Reichel
given as:
http://www.straus.bzzz.net/mac/index.php?option=com_content&task=view&id=30&Itemid=56
LETS
see
http://zb.eco.pl/bzb/19/waluty2.htm
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