Community Currency Prominent
At 2008 IRTA Conference
The
community currency movement is a globally based not-for-profit
program that has for many decades created and provided local
currencies that support community programs - such as elder care,
time banking, regional agriculture and local merchant loyalty. �The
community currency movement represents a significant element of the
modern trade and barter industry,� declared IRTA President David
Wallach.
Annette Riggs, a recognized leader of the community currency
movement, led the well attended and educational seminar titled
�Community Currencies and Sustainable Businesses.� Also on the panel
were Catherine Austin Fitts and Reiner Husemann.
Fitts provided ideas on how to connect more to the economic activity
within our geographic regions, and discussed the value of owning
more of the equity in our communities.
Husemann shared his knowledge about Complementary Currency systems
in Europe and the challenges they face. Reiner felt that although
these systems are much more prolific in Europe than in the U.S.,
they often have a shortfall in revenue and lack consistency of
available goods and services.
Also actively participating with the panel and providing insight
into their systems were community currency operators Robert Gallant,
Amy Kirschner, and Sharon Miranda. Gallant has worked with Highland
Valley Elder Care for many years and has been working on creating a
service and business exchange to serve that community and link it to
businesses.
Kirschner has transitioned her work from a scrip based currency to
an online exchange that integrates community networks and
stakeholders such as local farmers and food distributors. Miranda
has been a community organizer in Ashland (OR), building an
extensive network of businesses and individuals interested in local
sustainability issues. She is now integrating an exchange into her
social network software.
The
panel and audience had a lively and interactive discussion about
these examples and others for the purpose of sharing knowledge and
experience. Riggs summarized the discussions by relating these new
systems and ideas to the practice of the trade/barter system so that
attendees could all take a step further towards expanding views of
what IRTA does and how the industry will evolve. �I feel that
community currencies could greatly increase their sustainability by
adopting certain funding elements of the commercial barter
industry,� she noted.
Community Currency Movement representatives were also present to
participate in forming the new Community Currency Council. The
Council Committee is chaired by IRTA Global Board Member Richard
Logie who has assembled a distinguished panel of Community Currency
leaders including Annette Riggs, Bernard Lietaer and Thomas Greco,
that will seek to work directly with IRTA to further unity and
sustainability within the movement.
(The above article was
submitted to BarterNews by Annette Riggs.)
Annette Riggs is the
Founder and Managing Director of the Community Connect Trade
Association. She has over 20 years of experience with non-cash trade
models such as corporate trade, complementary currency, and trade
exchange systems. She has in-depth knowledge of, and leadership
within, the $8 billion commercial barter industry and has applied
this expertise for the social benefit of communities and economic
ecology.