{"id":1589,"date":"2021-06-06T08:34:59","date_gmt":"2021-06-06T12:34:59","guid":{"rendered":"https:\/\/zacharybaiel.com\/blog\/?p=1589"},"modified":"2023-06-02T12:07:34","modified_gmt":"2023-06-02T16:07:34","slug":"community-currencies","status":"publish","type":"post","link":"https:\/\/zacharybaiel.com\/blog\/2021\/06\/06\/community-currencies\/","title":{"rendered":"Community Currencies"},"content":{"rendered":"\n<p>When I think about making a community more robust, inevitably the discourse includes the idea of currency.  Money, time, talent, skill.  Some facet of power.<\/p>\n\n\n\n<p>I was surfing around for something to read and came across Stephanie Kelton&#8217;s <a href=\"https:\/\/en.wikipedia.org\/wiki\/Stephanie_Kelton#The_Deficit_Myth\"><em>The Deficit Myth<\/em><\/a>.<\/p>\n\n\n\n<p>As is a strategy of mine, I searched for interviews, discussions, and debates with Kelton regarding their book.  I started with this one on YouTube: <a href=\"https:\/\/www.youtube.com\/watch?v=a9pAPIUYXxQ\"><em>Stephanie Kelton: Debunking the Deficit Myth | Town Hall Seattle<\/em><\/a><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Stephanie Kelton: Debunking the Deficit Myth | Town Hall Seattle\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/a9pAPIUYXxQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Skipping around to get a flavor of the material, Kelton began discussing the <em>users<\/em> of a currency (individuals, families, businesses, local and State governments) and the <em>issuers<\/em> (the Federal Government) of the currency.  <\/p>\n\n\n\n<p>This reminded me of the earlier pandemic discussion of<em> alternative, community currencies<\/em>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/popupcity.net\/observations\/small-town-creates-local-currency-to-weather-covid-19-impacts\/\">Small Town (Tenino, WA) Creates Local Currency to Weather COVID-19 Impacts<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.coinworld.com\/news\/us-coins\/mexico-italy-towns-produce-local-notes-to-help-residents-in-crisis\">Mexico, Italy towns produce local notes to help residents in crisis<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/studybreaks.com\/thoughts\/minting-era-complementary-currency\/\">Complementary Currency Could Help Mitigate Inequality<\/a><\/li>\n<\/ul>\n\n\n\n<p>Thankfully, as Wikipedians usually do, there is a great <a href=\"https:\/\/en.wikipedia.org\/wiki\/List_of_community_currencies_in_the_United_States\">list of community currencies available in the United States<\/a> and <a href=\"https:\/\/en.wikipedia.org\/wiki\/Local_currency#List_of_local_currencies\">the world<\/a>.  There is also this article about <a href=\"https:\/\/en.wikipedia.org\/wiki\/Complementary_currency\">Complementary Currencies<\/a>.<\/p>\n\n\n\n<p>And, as with most things in Indiana, <a href=\"https:\/\/www.hourbloomington.org\/\">Bloomington has a system of timebanking known as hOUR<\/a>.  <a href=\"https:\/\/en.wikipedia.org\/wiki\/Time-based_currency\">Timebanking<\/a> is one methodology for creating an alternative, local currency.<\/p>\n\n\n\n<p>Does anyone know if there have been previous attempts in Greater Lafayette to create alternative local currencies?  Does anyone have experience with hOUR?  What are your thoughts?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When I think about making a community more robust, inevitably the discourse includes the idea of currency. Money, time, talent, skill. Some facet of power.&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52,30,78],"tags":[],"class_list":["post-1589","post","type-post","status-publish","format-standard","hentry","category-ideas","category-participatory-culture","category-politics","entry"],"_links":{"self":[{"href":"https:\/\/zacharybaiel.com\/blog\/wp-json\/wp\/v2\/posts\/1589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zacharybaiel.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zacharybaiel.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zacharybaiel.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zacharybaiel.com\/blog\/wp-json\/wp\/v2\/comments?post=1589"}],"version-history":[{"count":2,"href":"https:\/\/zacharybaiel.com\/blog\/wp-json\/wp\/v2\/posts\/1589\/revisions"}],"predecessor-version":[{"id":1699,"href":"https:\/\/zacharybaiel.com\/blog\/wp-json\/wp\/v2\/posts\/1589\/revisions\/1699"}],"wp:attachment":[{"href":"https:\/\/zacharybaiel.com\/blog\/wp-json\/wp\/v2\/media?parent=1589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zacharybaiel.com\/blog\/wp-json\/wp\/v2\/categories?post=1589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zacharybaiel.com\/blog\/wp-json\/wp\/v2\/tags?post=1589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}