LETS #Local Energy Trade System #Local Employment Traning Scheme #Local Exchange Trading System
We could easily set up a local currency in every region, town or area. We could trade on a simple LETS trade system, already running around the world building and supporting communities for many years. Using a basic accounting system of barter for points, until we developed a people's bank and a just financial system.
"A local exchange trading system is a locally initiated, democratically organised, not-for-profit community enterprise that provides a community information service and records transactions of members exchanging goods and services by using locally created currency". Wikipedia