| Tyaga.Org To-Date Currency Activity |
|
|---|---|
| Last Update: |
2008-09-18 15:54:31 |
| Percent Credit Recovery | 60.0 % |
| Flow Ratio | 1.01 |
| Average Currency Issued Per Member Per Week |
36.9 Hours/Week |
| Total Currency Issued | 1,440.00 Hours |
| Total Internal Use | 0.00 Hours |
| Total Inflow | 864.00 Hours |
| Total Outflow | 858.58 Hours |
| Available Credits | 581.42 Hours |
| Outstanding Debits | 576.00 Hours |
| Glossary of Terms |
|
|---|---|
| Percent Credit Recovery or PCR |
Amount of credits received from other entities that an entity uses to cancel corresponding self-declared debt to the market, calculated as PCR = Inflow/(Issued - Internal Use). PCR Indicates the demand for an entity's market specialization and its ability to fulfill it. |
| Flow Ratio or FR |
The ratio between the credits that an entity received from other entities (to cancel its debt) versus the credits that it uses in the market (to cancel other entities' debt), calculated as FR = Inflow/Outflow. FR indicates the ability of an entity to regulate itself. Even though the market as a whole might become self-sufficient, a specialized entity could never be self-sufficient by virtue of its declared service of a limited market niche. The overall sustainability of a market is therefore based on the self-regulating capabilities of its participants in terms of resource use AND the diversity of products that are available to address ongoing market needs. |
| Average Currency Issued or ACI |
Amount of currency units (credit-debit pairs), per entity member per week, that an entity creates to quantitate its self-determined contribution and obligation limits to the market, calculated as Total Currency Issued/(No. of Entity Members * No. of Weeks For Which Currency Was Issued). In order for published currency activity information to be comprehensible in a market with a diversity of independent currency brands, the creation of units must be expressed in comparable units across the different brands. The use of Hours as a common reporting units is recommended since time units, as determined using inexpensive timepieces, are universally recognizable, commonly accessible and reliable measures of market value across sociocultural settings. This recommendation does not preclude the use of other common reporting units as the need arise. |
| Total Currency Issued | Amount of currency units (credit-debit pairs) that an entity periodically creates to quantitate its self-determined contribution and obligation limits to the market. These credit and debit limits may be thought of as expense and revenue budgets (sales target), respectively. Tyaga.org issues its currency on a quarterly basis, and then assigns already issued currency to member accounts on a semi-monthly and monthly basis. | Total Internal Use | Amount of currency units (credit-debit pairs) that is used within an entity. This type of currency activity is not expected to be prevalent within a satconomy framework and is only given here for information. If an entity has unused credit and debit pairs from previous accounting periods, then those may be cancelled as internal currency use for accounting period close-out purposes. Any remaining credit or debit balance would have to be carried forward to the new period. | Total Inflow | Amount of credits an entity receives from other entities in market transactions. The entity uses the credits that it receives to cancel a corresponding amount of its self-declared debits to the market. Depending on an entity's type and market specialization, currency inflow may be received through different credit recovery mechanisms, such as product sales, fees, tuition, taxes, donations, grants, etc. For example, tyaga.org receives credits through client payments for contracted technical writing services and also through donations for research and development work in the systems implementations of the sataconomy framework. | Total Outflow | Amount of credits an entity and/or its members spends in market transactions. The receiving entities use those credits to cancel corresponding amounts of their self-declared debits to the market. | Available Credits | Remaining amount of credits than an entity could spend in market transactions. The credit balance may be distributed and held in member accounts, business expense accounts, retirement accounts, etc. | Outstanding Debits | Remaining amount of debits than an entity intends to cancel by receiving credits from other entities in market transactions, through credit recovery mechanisms as described above in the definition of Total Inflow. The debit balance may be distributed and held in revenue or sales accounts. |