In economics, a local currency is a currency that can be spent in a particular geographical locality at participating organisations. ... as residents of a locality, association, or members of a business or online community. .... Trade exchanges and LETS (local exchange trading system) that use price as a measure of value.


Jun 28, 2016 ... 'Many local currencies have become an expression of community spirit. ... They can also be spent across the national network of organisations that are ... new partners in civil society, local government and the health service. ... part too in achieving the kinds of system change described in this document.


Currency Type: physical notes, true fiat, issued by issuing organization .... The GLCC chose the Hours system for its local currency to emphasize the value of .... Island Monetary Foundation, which was founded as a not-for-profit society on July ...


Sep 22, 2014 ... Historically, too, local currency systems have cropped up in periods when economies falter. ... director of organizational resilience at the Sustainable Economies Law Center, ... owners from historically marginalized societies.


“Legal Aspects of Local Currency,” Chapter 7 from Rethinking Our Centralized Monetary System: the Case for a System of Local Currencies, by Lewis D. ... source currency accounting software developed by STRO (Social Trade Organization). ... RAMICS (Research Association on Monetary Innovation and Community and ...


social movement, comprised of autonomous, local systems, has proliferated in ... These local associations permit people to utilize their time and skills by providing ..... distribution of a society ... we view social movements as nothing more than.


May 15, 2004 ... These local associations permit people to utilize their time and skills by providing ... establish a printed local currency system in Ithaca, New York in 1991 (see .... reward distribution of a society...we view social movements as ...


Dec 16, 2015 ... Local governments and community-based organizations engage in .... Since then , over 200 local currency systems have started in the United ...


Jul 20, 2016 ... Our local alternative currency, the Hudson Valley Current, has members in ... The Hudson Valley Current is a digital, mutual credit based system. ... local people and organizations: financial wizards, doctors, executive coaches, ... With local currencies organized by civil society, community-based trust is the ...