How Money Systems Work | Publications | Payment Methods | Glossary of Terms | The Money Conference |
Currency Systems | ||
Backed Currencies | Ithaca HOURS | |
LETS | National Currencies | |
ROCS | Time Dollars | |
Complementary Currencies |
Benefits | How Issued | Unit of Account | Exchange Rate | Incentives | Applications | Related Resources | Interact |
Benefits | How Issued | Unit of Account | Exchange Rate | Incentives | Applications | Related Resources | Interact |
Benefits | How Issued | Unit of Account | Exchange Rate | Incentives | Applications | Related Resources | Interact |
Benefits | How Issued | Unit of Account | Exchange Rate | Incentives | Applications | Related Resources | Interact |
Benefits | How Issued | Unit of Account | Exchange Rate | Incentives | Applications | Related Resources | Interact |
Benefits | How Issued | Unit of Account | Exchange Rate | Incentives | Applications | Related Resources | Interact |
--Michael Linton, originator of LETSystems
Complementary currencies, because they do not bear interest (which discounts future earnings in relation to present cash),
Those complementary currencies backed by an external reference (a commodity or service) rather than the fiat of a central authority are less susceptible to inflation.
Benefits | How Issued | Unit of Account | Exchange Rate | Incentives | Applications | Related Resources | Interact |
Also take a look at a graph showing the increase in complementary currencies since 1980.
Benefits | How Issued | Unit of Account | Exchange Rate | Incentives | Applications | Related Resources | Interact |
Benefits | How Issued | Unit of Account | Exchange Rate | Incentives | Applications | Related Resources | Interact |
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