Sector currency

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A sector currency is a complementary currency that is limited in its application to one purpose. The focus of these concepts is mutual support on an exchange basis, especially in the areas of education, health and care, but also the economy.

At the Fureai Kippu , which was developed for the health care system in Japan in the early 1990s, care services are exchanged. Only the times spent are weighed against each other. One advantage of such a time account is that it is easy to offset and is not subject to inflation.

The Saber , developed for the education sector in Brazil, uses education vouchers where the younger are taught by the older. However, this model is linked 1: 1 to the currency and is therefore subject to inflation. However, it was not introduced.

However, corporate systems also have sectoral elements. The WIR is also counted among the sectoral complementary currencies. This is published by the Swiss WIR-Wirtschaftsring cooperative , which was founded in 1934 . It is based on an interest-free and cashless clearing system, which should be used particularly in times of economic downturn, thus avoiding the use of expensive loans. This currency is linked 1: 1 to the Swiss franc and is therefore subject to inflation. 45,000 small and medium-sized companies are involved .

See also

literature

  • Margrit Kennedy : Who rules money? Not the greed of the speculators, but a design flaw in the monetary system is to blame for the financial crisis. In: Research. Science newspaper. 2009, No. 1, pp. 21–23 ( PDF )
  • Sophie Gigler-Beilner: Regional currencies in times of upheaval. Master's thesis, Danube University Krems, pp. 34–36 ( PDF ).

Individual evidence

  1. Fureai Kippu , diakonisch.de, 4 April 2011
  2. On the way to complementary monetary systems. In: Wir plus .. 2009, issue 4, p. 13 ( PDF )
  3. M. Kennedy, 2009, p. 23.
  4. WIR-System & Netzwerk , accessed on May 21, 2017.