I was reading through the
residual income stream
thread and there are tons of great ideas. Is the Scubbly thing where we can link to Paul's and Erica and Ernie's stuff and get a cut still going? I might do that. I have a blog that gets about 2 hits a week! haha its probably mostly kids checking out the skatepark photos...
But then I thought about public banking and even further out there, Michael Tellinger's ideas with the Ubuntu Liberation Movement and his version of public banking (0% loans to everyone who needs them, money is supposed to circulate not stagnate) and I remembered there was a man at the previous PermacultureVoices talking about Permacredits or something...I think there is a strong intersection between public banking (as a concept) and
permaculture but I'm just now starting to think about it and I'm sort of getting into a habit of just typing out my thoughts here on Permies...
So my understanding of public banks is that they're owned by the public (the state?) but they invest in their people more than say private corporate banks. I'm sure everyone has heard of the Bank of North Dakota and how they're doing so great. (I wonder how much it has to do with oil boom) I've heard of an effort in Sonoma or Mendo trying to set up a smaller public bank.
While I'm at it, there
should also be a strong intersection of worker owned cooperatives and
permaculture. We're pretty familiar with cooperative living at least in concept but maybe not so much with cooperative business management?
Is this too political? Am I outing myself as a socialist?
Analogizing with
permaculture design it seems like money is analogous to
water. So our money system design isn't designed to spread and soak money, in fact it efficiently channels money into torrents that quickly leave the site leaving erosion and poor growing conditions. Public banking might be analogous to mainframe water harvesting design as the critical (keypoint?) diversion from which all other possibilities emerge, is altogether missing, (not even poorly sited).
