Once upon a time…

…there was a beautiful river in a beautiful valley. The waters were fresh and clean and full of fish and frogs. Then, one day, a Wealthy Industrialist was passing through the valley and he said to himself, “What a beautiful place to build a factory!” And so he built the…

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A short primer on Money…

Richard Greaves writes Money is simply the medium we use to exchange goods and services. Without it, buying and selling would be impossible except by direct exchange. Notes and coins are virtually worthless in their own right. They take on value as money because we all accept them when we…

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A View from the Hill…

The Autumn season started with the unthinkable happening. The terrible destruction of the Worlds Trade Centre and the resulting deaths of so many revealed the ultimate consequences of economic polarity. Is it just coincidence that the tragedy happened the day after the World Bank announced global recession? Or was it…

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Money Matters

Local Exchange Trading is an old idea which was once practiced across the entire world. In recent times the ’money changers’ took control of our countries currencies and with the introduction of interest and ‘fractional reserve banking’ they now sell our units of currency back to us at a substantial…

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Building Skills

The development of LETS takes time, organisation, and management skills, and requires participants to adopt a co-operative approach. It also entails the members of the system using existing skills, developing new ones, and being able to trade in these skills. Of course, people become involved for very practical reasons. If…

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Hands off LETS

The relevant Government Ministers and Tony Blair himself are all now on record as endorsing the benefits of LETS as grassroots community-based initiatives. According to Angela Eagle MP, the new Social Security Minister, “broad enthusiasm” now exists throughout the government for amending the benefits regulations so that LETS units earned…

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One. Two.. Three…

We are now entering our eighth trading quarter since our launch in Spring 1997. What started as a heartfelt need to address the madness of money has evolved to become one of the most dynamic LETSystems in Europe. The full facts and figures behind this success story are revealed in…

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Outer Limits…

Our local LETS network continues to grow so we’re at the point where we need to consider it’s future development. As with most organisations, the majority of our members are managing to find ways to exchange well. Identifying new skills that are valued by others and discovering new local friends…

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LETS Ideas Bank

(A FREE Bank which stimulates your interest) Stuck for ideas on how to earn LETS? Form a ‘LETSHit Team’ with friends to offer specialised services – Garden Hit Team, Spring Cleaning Hit Team, Decorating Hit Team etc. How about offering a Re-cycling service collecting waste, cans, bottles and Restoration? –…

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