Thursday, August 18, 2011

Recirculating Materials and Wealth in the Community

Before the big cold front descended upon us this week I post a tribute to "our suppliers." But it was not until yesterday - while writing an article for the monthly REBS (River Exchange and Barter System) newsletter - that I thought about how these businesses help to retain wealth within our community by "recycling" dollars through Wanganui residents. Here is the article.

Peace, Estwing

Supporting Second-Hand Superstars


We recently celebrated our "local suppliers" in a blog post (13th August - www.ecothriftydoup.blogspot.com). Those "suppliers" include the Renovators Centre, Hayward's Auctions, and various opp-shops around town. While the post was meant to be half serious and half tongue-in-cheek, it occurs to me that all of these businesses provide valuable services in terms of keeping dollars in the local community and reusing materials within the local community.


In the same way that a local currency such as REBS recycles wealth close to home, these businesses are contributing to a more sustainable Wanganui economy and a more stable global ecology. I would add Trade Me to that list when we purchase items and services from other River CIty residents.


If you have been observing the world news from Europe and America, you'll recognize significant social unrest resulting from decades of unsustainable financial and economic management. Cuts to social programmes and education - so-called "austerity measures" - are a global trend and will come one day to Wanganui, which, from my understanding, is already heavily indebted. Has anyone seen the cover of the NZ Listener this week?



Everything we do to retain wealth within our community today - including supporting second-hand shops and auctions - will help ensure a more financially stable tomorrow.


Quote: "The next item up for bid is a box of bloomin' good stuff." - Brian Hayward, Hayward's Auctions


Alternate quote: "Use it up, wear it out, make it do, or do without." Olde Time New England Proverb

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