Peak Money

= concept used in a Transition Movement conference to designate the post-2008 financial meltdown period, in which monetary resources have become scarce and communities are adviced to turn to a Resilience Hierarchy

Discussion

From the framing of the conference:

"The sudden disruption of the financial system, which became apparent in 2008, is affecting many people already. However the greatest impacts of ‘peak money’ may yet unfold. ‘Peak money’ could change many aspects of ‘normal’ life, from the personal to the governmental level, much as peak oil and climate change do, but in a much more abrupt way. The Transition movement needs to think through consequences and responses. What are we doing in our communities to create economic resilience and where are the gaps? What might our response be when governments make sweeping changes in services or propose draconian measures?

The purpose of the day will be to begin to develop a ‘toolkit’ of ideas and information for others in the Transition movement and kindred spirits to use and add to. It could also be a starting point for similar meetings in other places, networks and groups around the world.

We will gather information from a range of sources inside and beyond the Transition movement, consider and evaluate these and create proposals for the wider movement, then disseminate this as the start of a larger and wider discussion around the movement.

The emphasis will be on the positive and constructive: What can we do in our communities? However, we will also include background information on what has happened in the past in response to financial crises (e.g. Argentina, Iceland) and some basic background on the nature of the economy to help us evaluate constructive ways forward." (http://transitionculture.org/2012/04/27/a-report-on-peak-money-and-economic-resilience-a-transition-network-one-day-conversation/)