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Abeille (local Currency)
Abeille is the name of a community currency started in 2010 in Villeneuve-sur-Lot, France. It is named after the French word for bee. The Abeille program is intended to promote local commerce. The Abeille operates with a fixed exchange rate: = Creation and objectives An initiative of a local NGO, "Agir pour le vivant" (Act for the living), the Abeille is intended to: #Promotion of sustainability: organic food and renewable energy among others #Strengthening the solidarity: enhancing the human relationship between local shoppers and businesses #Stimulation of local economy. Currency issue, exchange and acceptance Bills of 1, 2, 5, and 10 Abeille are issued. They feature drawings from the painter Jean-Claude Maurel on the obverse, and a photograph of a bee on a flower by the photographer Christian Aymé on the reverse. To maintain an individual bill's validity, a "scrip" corresponding to 2% of the banknote value must be paid every six months. (This system, called demurrage, is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Local Currency
In economics, a local currency is a currency that can be spent in a particular geographical locality at participating organisations. A regional currency is a form of local currency encompassing a larger geographical area, while a community currency might be local or be used for exchange within an online community. A local currency acts as a complementary currency to a national currency, rather than replacing it, and aims to encourage spending within a local community, especially with locally owned businesses. Such currencies may not be backed by a national government nor be legal tender. About 300 complementary currencies, including local currencies, are listed in the Complementary Currency Resource Center worldwide database. Terminology Some definitions: * Complementary currency - is used as a complement to a national currency, as a medium of exchange, which is usually not legal tender. * Community currency - a complementary currency used by a group with a common bond, such as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Villeneuve-sur-Lot
Villeneuve-sur-Lot (; in the Languedocien dialect of Occitan language: ''Vilanuèva d'Òlt'' ) is a town and commune in the southwestern French department of Lot-et-Garonne. The commune was formerly named ''Villeneuve-d'Agen''. Villeneuve-sur-Lot is located 22 km northeast of the commune of Agen and straddles the river Lot. History Villeneuve was founded in 1254 by Alphonse, Count of Poitiers, brother of Louis IX, on the site of the town of Gajac, which had been deserted during the Albigensian Crusade. By the early 20th century, Villeneuve-sur-Lot was an important agricultural centre and had a large trade in plums (''prunes d'ente''); the preparation of preserved plums and the tinning of peas and beans were major industries. The important mill of Gajac stood on the bank of the Lot a little above the town. Population Sights The main quarter of the town is located on the right bank of the Lot River and is linked to the quarter on the left bank by a bridge from the 13th cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pacific and Indian Oceans. Its Metropolitan France, metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Kingdom of the Netherlands, Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin (island), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scrip
A scrip (or ''chit'' in India) is any substitute for legal tender. It is often a form of credit. Scrips have been created and used for a variety of reasons, including exploitive payment of employees under truck systems; or for use in local commerce at times when regular currency was unavailable, for example in remote coal towns, military bases, ships on long voyages, or occupied countries in wartime. Besides company scrip, other forms of scrip include land scrip, vouchers, token coins such as subway tokens, IOUs, arcade tokens and tickets, and points on some credit cards. Scrips have gained historical importance and become a subject of study in numismatics and exonumia due to their wide variety and recurring use. Scrip behaves similarly to a currency, and as such can be used to study monetary economics. History A variety of forms of scrip were used at various times in the 19th and 20th centuries. Company scrip Company scrip was a credit against the accrued wages of employ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Demurrage (currency)
Demurrage is the cost associated with owning or holding currency over a given period. It is sometimes referred to as a carrying cost of money. For commodity money such as gold, demurrage is the cost of storing and securing the gold. For paper currency, it can take the form of a periodic tax, such as a stamp tax, on currency holdings. Demurrage is sometimes cited as economically advantageous, usually in the context of complementary currency systems. Theory While demurrage is a natural feature of private commodity money, it has at various times been deliberately incorporated into currency systems as a disincentive to hoard money and to achieve more efficient allocation of capital in society. In particular, for long-term investment financing, it affects the dynamics of net present value (NPV) calculations. Demurrage in a currency system reduces discount rates, and thus increases the present value of a long-term investment, and thus gives an incentive for such investments.Bernard L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silvio Gesell
Johann Silvio Gesell (; 17 March 1862 – 11 March 1930) was a German-Argentine economist, merchant, and the founder of Freiwirtschaft, an economic model for market socialism. In 1900 he founded the magazine ''Geld-und Bodenreform'' (''Monetary and Land Reform''), but it soon closed for financial reasons. During one of his stays in Argentina, where he lived in a vegetarian commune, Gesell started the magazine ''Der Physiokrat'' together with Georg Blumenthal. In 1914, it closed due to censorship. The Bavarian Soviet Republic, in which he participated, had a violent end and Gesell was detained for several months on a charge of treason, but was acquitted by a Munich court after a speech he gave in his own defense. Life Silvio Gesell's mother was Walloon and his father was German, originally from Aachen, who worked as a clerk in the then-Prussian district of Malmedy, now part of Belgium. Silvio was the seventh of nine children. After visiting the public Bürgerschule in Sankt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chiemgauer
Chiemgauer is a regional local currency started in 2003 in Prien am Chiemsee, Bavaria, Germany. Named after the Chiemgau, a region around the Chiemsee lake, it is intended to increase local employment, supporting local culture, and make the local food supply more resilient. The Chiemgauer operates with a fixed exchange rate, tied to the value of the euro: 1 Chiemgauer = €1. History In 2003, Christian Gelleri, a high school teacher, started this project with his students, who are in charge of designing and printing vouchers and take care of administration, accounting, advertising, and other tasks. Chiemgauer is a member of a regional currencies' network called Regiogeld (regiomoney association). Gelleri had been inspired by the economists Silvio Gesell and Rudolf Steiner, and by the former's Freigeld. The Chiemgauer is intended for: * Employment creation: unemployed, students, and volunteers are hired to work, earning some allowances * Promotion of cultural, edu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Occitan (local Currency)
Occitan is the name of a community currency started in 2010 in Pézenas, Languedoc-Roussillon, France. It is named after the Occitan language. The Occitan program is intended to promote local commerce. The Occitan operates with a fixed exchange rate: = There is a fixed commission of 4% for members (shops) and 6% for individuals. Creation and objectives An initiative of a local shopkeeper organization, ACA, the Occitan is intended to stimulate of local economy. Currency issue, exchange and acceptance They have a 1-year validity. Bills of 1, 2, 5, and 10 Occitans are issued. They feature an Occitan cross and the portrait of Molière who started his career in Pézenas. To maintain an individual bill's validity, a "scrip" corresponding to 2% of the banknote value must be paid every six months. (This system, called demurrage, is a form of currency circulation tax and was invented by Silvio Gesell.) See also * Abeille * BerkShares *Chiemgauer Chiemgauer is a regional local c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Local Currencies
In economics, a local currency is a currency that can be spent in a particular geographical locality at participating organisations. A regional currency is a form of local currency encompassing a larger geographical area, while a community currency might be local or be used for exchange within an online community. A local currency acts as a complementary currency to a national currency, rather than replacing it, and aims to encourage spending within a local community, especially with locally owned businesses. Such currencies may not be backed by a national government nor be legal tender. About 300 complementary currencies, including local currencies, are listed in the Complementary Currency Resource Center worldwide database. Terminology Some definitions: * Complementary currency - is used as a complement to a national currency, as a medium of exchange, which is usually not legal tender. * Community currency - a complementary currency used by a group with a common bond, such as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Freiwirtschaft
(German for "free economy") is an economic idea founded by Silvio Gesell in 1916. He called it ' (natural economic order). In 1932, a group of Swiss businessmen used his ideas to found the WIR Bank (WIR). Structure Freiwirtschaft consists of three central aspects, usually summed up as the Three Fs: * ' (free money) ** All money is issued for a ''limited'' period by ''constant'' value (neither inflation, nor deflation). ** Long-term saving requires investment in bonds or stocks. * ' (free land) ** All land is commonly owned or else the property of public institutions and can only be rented from the community or from government, respectively, not purchased (''see also Georgism''). * ' (free trade) History The basic economic ideas of Freiwirtschaft were published in 1890 by the Hungarian-Austrian economist Theodor Hertzka in his novel ''Freiland - ein soziales Zukunftsbild'' (''Freeland - A Social Anticipation''). Flaws of the monetary system Freiwirtschaft claims that curre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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