memex/0_inbox/in/books/PDM/Bill Mollison - Permaculture A Designer's Manual text/565.txt

promises, errehanges, slamps, coupons, vaudiers,
elgarehes, Imp and losses, All are lreely and legally
eaehanged lor goods or semen whreh are lhernselves
rnlerehangeaolela song lera lehuee is a good bargain»

However. we need . redeemable, solid, real and
uhjeerrve currency lor rrade and exchange. Fm
euneney robe valid and usable, some premndidoroare
necexsmy, rrrsl, rr muss he backed up by a real,
ohreurve resouree. Serendly, olher people mosl have
eonhdenre in ii, wmrh is why rr rs bashed up hey u lm|
reeduree and ran lherelore he leaded Laslly, shore rnusi
he a demand lor rls use, and a plum in esehange h hrr
olher curreney so lhas rl wuxks as well lor mher people
as it does locally,

Demand means lhal rhere musl he a real need ior
somenem or service inching rn rhe loeal merery. Now,
any community prrnung irs own eurrenry has rhese

ngs is do:

. Find and lemea resouree rhar an be pledged no me
erehange insrrlurron or a redeemable ism, ll ihrr is
nmlrer, she (um-Try is based on "a cold ol dmiser, ml
and sraelred rn ihe woodyord as such—andeueh a
phase", or u elean waher "a gallon or waher handed and
redeemrsole al a serum plaoe~ Tius e lire resene and
grm eonhdenee in lhe eurrenry

. l-nnr she runsrrey usell, prelernuly in a solid loal
rrroierial dillimll ro duplreare or large elsewhere, and
numoered, dared and rounled. 11w value so primed
should nol erreed lhe ualue ol lhe reserve by z lanor oi
more man 3 mnes home pledges need lo he puhliely
avaxlablc and assessed Nmes ean ereesd rescue; .1
used [or prorrealne assoxs only leg, loreslsl raresss
represenl lrrewrrod, bin reserves are never eel eseepl in
dire enurgeneres

. Edueare lnral businesses and oanhs lerehangesl rn
lhe use oi Lhz eunen , whrrh eon be ehaneyed lnr lhe
nalronal surreney lwhrle lhrs lasrsl al lhe hanlr, or lor
mher regroual euneneres l-osr esehange rales puhlrely
or me money exchange or bank and issue she euneney
to banks

. Shari senslyrng lhe demand leg. lor homes) lay
lending lhe euneney ro ourlders, who ran erehange rs as
she bank lor orher eurreney needed in reade, er loally
ror produers and aerneas.

The bank should nor rrsell deeide uses; Lh: mmmlms
uy lyra a ser 0! lrnaneral, idvimry or monnoring
msiizuiions owned by lheml should do lhar Cur-reney
shnuld he used so ssosly real needs or rhe eomrnunrry
lor iood, sheller, irade As we are hiking ahoul
eonuaurniry money, to uses need so be deeidsd oy rhai
mmunily.

nodueers el lorrl goods, aesepr lorul eurreney only,
ihrs males a demand, and oiher regions musi «my
sueh eurrenry so nblam loeal goods Mosl loesl busi-
um wrll «(rpm re ' al eurrenry

Nole- Tha| rl reserves are hymg ilnngs sueh as rrees,
woallh rnereases and an be eroaied Eyen ll a curmy
was engrnally hosed on irriehs, d can or used in ereale
sueh irrologleal rescrvrsas loresrs everhme

To preyenr hoarding noles an be dared and a new

 

 

 

rsrue us made every hes years, rhls rs also a =he<k on
unwarnnhed iculmuI-unn, and possible lorgenes,

Wherever mule re a need (lor housmg, roads, small
businesses, Farms), lhe dollars needed are supplied by
ihe mhuige, bill (he borrower or user musl repay m
lam] runerrey, rhus creasing a deomnd lor h, Mos. mun
mum reeepl lhe eurrensy, and march ol rhe Im|
erade ran oe darned on in rhls surrensy. Whui rnosl
needs ol ihe region are mel, lhe currency ean oe
rollapsed Many onail |awns handed rheu public works
rhrs way rn she 1930’s The E. r. Sdium‘chu Seeiery,
Greos Ezmngkan, Mass. us A has dara on ihese
syrrems, and runs one sueh rurrency lsee hesouree
hslrng ar ihe end ol rhisehapserl

Cnlreal personnel lo suaeh lo a rerolvrng loans woe
are in lhelrrllowmg earegnnes

l Asssranimgnns, reoplr smiled m good house,
larrory, ond farm design, energy hudgerlng, and
appropriale inhuman/7m: ~perrnaeullure~ ream,
used hohslpassas proposals lo he lunded

z. nerounrarrlsr people shined in semng up
appropnare aerouneing sysueou lo rnonlror profits
and prom rn sensor‘s, wax-king rloeely wlrh meal.

1 seem-hunters; reople armauy handlmg cash flow,
messing reserves, and operas-mg lhe banking and
rroursnee hrnmons onhenlhee,

s. lawypmolas' people ahle ro paelrage a sex m legal
slraregres lor sommunrsy or lamrly groups, and lo
advse (mun ii on rauhon esponerrnpnrr. hurl and
leasing doeumenrs, [about udunge agreemenrs, and
eompsny, rommnnwork, or eooperauvs law

5 Km! esrrlr N rmllv: The olhre ran handle she
bookkL-rpmg and sormng of loeol rndusrry and seryiees.
supply goods, advxso, proyrde lalrour and goods
erehauge, and arrange legal lnrrns Through (h:
dmrgners, users an olnmn help m hurldmg and land
design, nursery and liyesioelr serum, and approprlare
lools,

Fora developed regaoru aervrees rueh are (null eluo,
eredii unron, lood sooperarive lor rarher, group
purehase rooperaorel, lann duh, and eduradonal and
medreal servrres ean also he provided is men he
Shaun! lhar ihe "revolving loans more" rs nor a more
our a group in rooperaiire hmenon. cmh may operale
m lherr own home, our all serum are ruled in an
edutulunal or rnlormarronal newslener and ran
eomome where needed.

There Will no doulrr be many businesses run in any
eornmuniry whrrh are nor run as couplruivzs.
However, liros should nol preclude iheir sharing in
eerlain eomrnonlyused servlees, surh as amounlmg,
relephone seryiees, seerelarles, relex, rnsuranee,
drsrnhuhon, roealalogumg of goods, WP adyerdslng
and espon assrsmnee A small business servires renoe
ia ilulI a small business, now very popular and
erleerive in lndia. ll may be a lrey organraarron in a
irroregron.

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