How Money Systems Work Publications Payment Methods Glossary of Terms The Money Conference

 

Currency Systems
Backed Currencies Transaction NetIthaca HOURS
LETSNational Currencies
ROCSTime Dollars
Complementary Currencies

Complementary Community Currency Systems and Local Exchange Networks

Benefits How Issued Unit of Account Exchange RateIncentives Applications Related ResourcesInteract

graph: columns=  scarce vs. sufficient x  rows= backed vs. fiat currencies

Benefits How Issued Unit of Account Exchange RateIncentives Applications Related ResourcesInteract

Benefits of complementary currency models:

When a full spectrum of currencies are available, people will complete more transactions, enabling more people to meet their needs and create trading relationships.

Benefits How Issued Unit of Account Exchange RateIncentives Applications Related ResourcesInteract

How complementary currency is issued:

Complementary currencies may be issued as

Benefits How Issued Unit of Account Exchange RateIncentives Applications Related ResourcesInteract

How complementary currency is measured.

Benefits How Issued Unit of Account Exchange RateIncentives Applications Related ResourcesInteract

Complementary currency exchange rates:

Benefits How Issued Unit of Account Exchange Rate Incentives Applications Related ResourcesInteract

Structural incentives in complementary currency:

I prefer to think of community support through community money as contribution TO the body social/political/economic rather than taxation, which feels more like extraction FROM. Stuff we throw in, comes around; that which is sucked out is most likely gone.

--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 ResourcesInteract

Complementary currency models in action today:

Many of the most prevalent complementary currency models have a presence on the web:

Also take a look at a graph showing the increase in complementary currencies since 1980.

 

Benefits How Issued Unit of Account Exchange RateIncentives Applications Related ResourcesInteract

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Benefits How Issued Unit of Account Exchange RateIncentives Applications Related Resources Interact

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How Money Systems Work Publications Payment Methods Glossary of Terms The Money Conference


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