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Podcast: Green Planet Blue Planet Podcast
Episode: Ep. 222 Unpacking Currencies and the world of LETS with Michael Linton
Description: Todays guest is Michael Linton who unpacks the topic of money, currencies and Local Exchange Trading Systems.
A local exchange trading system (also local employment and trading system or local energy transfer system; abbreviated LETS) is a locally initiated, democratically organized, 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. LETS allow people to negotiate the value of their own hours or services, and to keep wealth in the locality where it is created.
In the 21st century, the internet-based networks...